Balance of Payments map

[Xenophon PCDGS]

Is that Svalbard near the top of the demonstation map, which shows dark green in the index. How was Svalbard doing so well in the time period of that definition timescale? The only mineral extraction is that of coal that is mined by Store Norske Spitzbergen Kulkompani, of which at least 30% is used within the land mass itself. The Norwegian authorities do not allow offshore drilling for oil and associated petroleum products for environmental reasons around Svalbard. It cannot be because of national ownership, as Greenland is coloured neutral grey on the map.

The reason why Svalbard is fresh in my mind is the sad story of the boy who was killed by a polar bear in the camp during a school visit there very recently.

 

[Eagle]

Is that Svalbard near the top of the demonstation map, which shows dark green in the index. How was Svalbard doing so well in the time period of that definition timescale?

Because it's a county of Norway, so it's been coloured the same as Norway (in the same way that Alaska gets the US's colour, and French Guiana shares its colour with France).

 

[WatcherZero]

Mods' note: Split from Fresh hopes for Bombardier and XC

I also wonder how the economics of us off-shoring more and more of our economy actually work. Surely we'll get to a point (and probably already have), where the value of the goods and services we import actually exceeds the value of anything we produce.

That's called the Balance of Payments.

The US is currently running at -$561bn
UK at -$40bn

Net 1980-2008 per Capita

 

[Xenophon PCDGS]

Because it's a county of Norway, so it's been coloured the same as Norway (in the same way that Alaska gets the US's colour, and French Guiana shares its colour with France).

I did consider this point, but the fact that Greenland was coloured neutral grey made me wonder. Greenland is part of the Kingdom of Denmark with Queen Margrethe II as the titular head of state. Denmark is coloured green on the map.

 

[142094]

Grey normally means 'no data'.

 

[Xenophon PCDGS]

Grey normally means 'no data'.

If you look on the "value" scale, the "grey" section is at the centre point and there are different shades of grey shown on very many countries on the map including that of Brazil. I am sure that all these countries had financial information figures available.

This is why I have cited the cases of Denmark and Greenland being of different colours.

 

[142094]

Might be my eyes but the grey for Greenland looks a bit different to some of the others.

 

[thefab444]

Most of the "grey" countries/areas are actually slightly tinged red or green. You point to Brazil which to my eye is a grey-pink colour thus indicating a slightly negative balance of payments.

There are only a few that are pure grey - which would indicate $0 balance of payments or, more likely, no data available, including Greenland, Bolivia, Cuba and the Western Sahara.

 

[Xenophon PCDGS]

Most of the "grey" countries/areas are actually slightly tinged red or green. You point to Brazil which to my eye is a grey-pink colour thus indicating a slightly negative balance of payments.

There are only a few that are pure grey - which would indicate $0 balance of payments or, more likely, no data available, including Greenland, Bolivia, Cuba and the Western Sahara.

I thank you for your clarification. I thought that I was only one to see subtle differences in the grey scale. It would have been better if pastel shade colours could have been better over-applied in those areas which would have reflected the slightly positive to slightly negative financial position of those areas. A cross-hatch could have been used to areas with no data availability.

 

[Eagle]

Greenland is self-governing, though, whereas Svalbard is an integral part of Norway (like Alaska).