KPCB’s 2013 internet trends report from Mary Meeker is, as ever, a densely packed read (117 pages) that’s become essential reference material.
Whilst many of the trends identified are well known – the rise of mobile access to the internet and wearable technology – here are the five standout charts and tables that provide food for thought.
1. Sixty percent of the top 25 technology companies (ranked by market capitalisation) in the US were founded by first- and second-generation Americans
||2nd – Syria
||1st – Russia
||2nd – Germany
||2nd – Russia
||2nd – Cuba
||1st – Hungary
||1st – France
||2nd – Italy
||1st – UK
||1st – Switzerland
||Automatic Data Processing
||2nd – Poland
||1st – Taiwan
||1st – Nairobi
||2nd – Poland
||1st – Germany
(Source: KPCB pg87, the Partnership for a New American Economy)
2. In the last five years, the amount of digital information created and shared has grown nine fold to nearly two zettabytes*– and is predicted to accelerate
*1 zettabyte= 1 trillion gigabytes. Source: IDC report “Extracting value from chaos“ Read more
New dormitories for Chinese workers may appear to have little to do with the deaths of hundreds of textile workers in Bangladesh. But in today’s globally interconnected economy one may be the fabled butterfly to the other’s subsequent hurricane.
Chinese workers’ demands for better conditions and higher pay have been driving manufacturers to seek cheaper alternatives. That has brought many textile firms to Bangladesh, which is reputed to have the lowest textile industry wages in the world – and they have certainly been increasing much more slowly than those in China. Read more
Guest post by Paul Hodges
The G20 group represents 79 per cent of global GDP. But when it comes to demographics, you can split its membership into three quite distinct groups.
This shows each country in terms of GDP per capita and median population age, with its economy’s size depicted by the bubble:
- Rich but old. These are wealthy western countries, with GDP per capita around $40,000 and median population age of 40 years
- Poor but young. These are emerging economies, with GDP per capita around $10,000 and median population ages of 25 to 30 years
- Poor and ageing. This group contains just China and Russia, who have GDP per capita around $10,000 but median population ages approaching 40 years
Today, I gave a brief presentation – based on our previous stories – on the performance of London schools to the excellent Centre for London. Some slides are a little mysterious without my burbling over the top, but I hope it’s understandable enough.
The UK’s main house price indices have been diverging noticeably in recent years, as this blog pointed out last week. A look at the trends in housing sales helps explain why.
Here are some useful charts from housing data firm Hometrack. Read more
Money doesn’t grow on trees, right? That’s what UK chancellor George Osborne will be sighing as he prepares for tomorrow’s annual Budget, which is expected to be stringent. But actually, some British policy-watchers think they’ve found a way to magic more money out of thin air.
It comes down to the hoary old question of the public finances. Specifically, Britain’s main measure is public sector net debt, which doesn’t match international measures such as those set out in the Maastricht Treaty: “The Maastricht debt is limited to general government whereas in the public sector finances the principal debt measure is that for the public sector,” explains the ONS.
The key difference relates to a set of organisations called “public sector trading bodies“. These are basically organisations with their own ringfenced cashflows, spending plans and budgets. The Export Credits Guarantee Department is one. So are local authority housing departments.
“Internationally the focus is on general government measures of debt and borrowing – not including the borrowing and expenditure of public sector trading bodies,” says Steve Wilcox, a professor at the University of York who’s been on a crusade to publicise this for several years. Read more