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economic_growth_more [2014/09/09 16:51] – lpgilliaeconomic_growth_more [2023/11/16 15:21] (current) – external edit 127.0.0.1
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 +<html>
 +<div id="wrapper">
 +  <div id="content">
 +    <div class="blocWrapper">
 +
 +
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 +        <div class="blocGroupWrapper">
 +            <div class="bloc single bgWhite">
 +                <header>
 +                    <h2>What can I choose in the calculator?</h2>
 +                </header>
 +                <div class="paddedContent">
 +                    The calculator lets you choose the yearly Economic growth (in %) in Switzerland. The percentage is kept constant throughout the selected time period (out to 2035 or 2050).
 +                </div>
 +            </div>
 +            <div class="bloc single bgWhite">
 +                <header>
 +                    <h2>Economic growth</h2>
 +                </header>
 +                <img src="https://upload.wikimedia.org/wikipedia/commons/thumb/d/d0/Exponential_function.svg/600px-Exponential_function.svg.png?uselang=fr" alt="image"/>
 +            </div>
 +            <div class="bloc single bgWhite">
 +                <header>
 +                    <h2>Contents</h2>
 +                </header>
 +                <div class="paddedContent">
 +                    <ul>
 +                        <li>Impact</li>
 +                        <li>Global context</li>
 +                        <li>Definition</li>
 +                        <li>Drivers</li>
 +                        <li>Value ranges</li>
 +                        <li>References</li>
 +                    </ul>
 +                </div>
 +            </div>
 +            </div>
 +            <div class="clear"></div>
 +    <!-- /END 1st row -->
 +
 +
 + <!-- /BEGIN impact -->
 +    <a name="impact"></a>
 +            <div class="bloc triple bgWhite">
 +                <header class="lined">
 +                    <h2 class="fl">IMPACT – What are the impacts of Economic growth?</h2>
 +                    <div class="clear"></div>
 +                </header>
 +                <div class="paddedContent">
 +                    <div class="bloc triple bgWhite">
 +                        In Switzerland, increasing Economic growth will have the following impacts:
 +                        <div class="clear"></div>
 +                    </div>
 +                </div>
 +                <div class="larged">
 +                        <div class="paddedContent">
 +                            <div class="questionAnswer">
 +                                <h4>Energy system</h4>
 +                                <div class="clear"></div>
 +
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase final energy demand.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase total electricity consumption.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Likely to reduce the share of renewable energy sources in the energy mix.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Likely to raise pressure on the grid by increasing (peak) electricity demand.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Likely to reduce energy independence and energy security.</p>
 +
 +
 +                                <div class="clear"></div>
 +                            </div>
 +                        </div>
 +                    </div>
 +
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 +                        <div class="paddedContent">
 +                            <div class="questionAnswer">
 +                                <h4>Environment & Climate</h4>
 +                                <div class="clear"></div>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Very likely to increase global CO2 emissions.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase emissions of harmful pollutants, especially in urban areas.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase noise pollution.</p>
 +                                <p><img src="lib/exe/fetch.php?media=sad_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase overall deposited waste.</p>
 +
 +
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 +                            <div class="questionAnswer">
 +                                <h4>Society & Economy</h4>
 +                                <div class="clear"></div>
 +                                <p><img src="lib/exe/fetch.php?media=neutral_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Likely to increase the cost of the energy transition in absolute sense but likely to have limited impact on the cost of the energy transition in relative sense.</p>
 +                                <p><img src="lib/exe/fetch.php?media=smiley_face.png" HEIGHT="15" WIDTH="15" BORDER="0" alt="image"/> Increase Confederation income from the tax on mineral oil under the current taxation system.</p>
 +
 +
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 +                            </div>
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 +
 +
 +                <div class="clear"></div>
 +            </div>
 +            <div class="clear"></div>
 +    <!-- /END impact -->
 +
 +  <!-- /BEGIN GLOBAL CONTEXT -->
 +    <a name="globalcontext"></a>
 +            <div class="bloc triple bgWhite">
 +                <header class="lined">
 +                    <h2 class="fl">GLOBAL CONTEXT – Swiss Economic growth in a global context</h2>
 +                    <div class="clear"></div>
 +                </header>
 +                <div class="paddedContent">
 +
 +                        <p>Switzerland’s economy grew from 244 billion USD to 632 billion USD between 1990 and 2013 (an average growth rate of 4.22% per year).[1]</p>
 +                        <p>According to the World Bank, the global economy grew from 22,246 billion USD in 1990 to 72,490 billion USD in 2012 (an average growth rate of 5.52% per year).[2]</p>
 +                        <p>Between 2008 and 2010 both the Swiss and the Global economic growth rates stagnated with an average economic growth of 0.42% and 1.7% per year respectively.[2]</p>
 +
 +                        <div class="clear"></div>
 +
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 +                <div class="clear"></div>
 +            </div>
 +            <div class="clear"></div>
 +    <!-- /END GLOBAL CONTEXT -->
 +
 +
 +    <!-- /BEGIN DEFINITION DRIVERS -->
 +    <a name="definition"></a><a name="drivers"></a>
 +            <div class="bloc triple bgWhite">
 +                <header class="lined">
 +                    <h2 class="fl">DEFINITION / DRIVERS</h2>
 +                    <div class="clear"></div>
 +                </header>
 +                    <div class="half">
 +                        <div class="paddedContent">
 +                            <div class="questionAnswer">
 +                                <h4>DEFINITION - What is Economic growth?</h4>
 +                                <div class="clear"></div>
 +
 +                                <p>Economic growth is the rate with which the economy (of a country or region), expressed by its Gross Domestic Product (GDP), grows from one year to the next,. GDP is the monetary value of all the manufactured goods and services produced within a country's borders. For example, a  country having  a GDP of €100 billion  in a given year willreach , with a growth rate of 2%/yr, a GDP of €102 billion in the next year.</p>
 +
 +                                <div class="clear"></div>
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 +                            <div class="questionAnswer">
 +                                <h4>DRIVERS - What are the key drivers of Economic growth?</h4>
 +                                <div class="clear"></div>
 +
 +                                <p>• Productivity of capital and labour</p>
 +                                <p>• Growth of labour force</p>
 +                                <p>• Private sector investment</p>
 +                                <p>• Public sector spending</p>
 +
 +
 +                                <div class="clear"></div>
 +                            </div>
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 +                <div class="clear"></div>
 +            </div>
 +            <div class="clear"></div>
 +    <!-- /END DEFINITION DRIVERS -->
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 +
 +The economic growth is represented by the GDP increase rate per year. In 2011 the Swiss GDP was 581.1 billion CHF (2011 prices). PROGNOS 2012 <sup>[[#References|[3]]]</sup> estimates that the GDP in 2050 will be 795.1 billion CHF (2011 prices), which represents a GDP increase rate per year of 0.8%, assuming a constant GDP growth rate over the years.
 +
 +In order to set the value range for the GDP increase, it has been assumed that the GDP in 2050 could vary +/- 20% respect to PROGNOS forecast (795.1 billion CHF). Therefore the obtained range is 0.23 – 1.28 %.
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 +
 +[1] [[http://www.tradingeconomics.com/|World Bank Group]]
 +
 +[2] [[http://knoema.com/mhrzolg/gdp-statistics-from-the-world-bank|World Bank]]
 +
 +[3] [[http://www.bfe.admin.ch/php/modules/publikationen/stream.php?extlang=de&name=de_564869151.pdf&endung=Die%20Energieperspektiven%20f%FCr%20die%20Schweiz%20bis%202050|Die Energieperspektiven für die Schweiz bis 2050]]
  

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