What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study

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What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Christophe » 27/04/22, 11:14

In these dark times for world peace and risk of nuclear conflict, I dare to ask this question: how much is a country worth in monetary terms? I'm talking about the total value of all his liabilities and assets...

In other words, like if Elon Musk wanted to buy a country, how much would it cost him? : Mrgreen:

Total value that would be almost entirely destroyed in the event of a major nuclear conflict...

A reasoning in first approach would be to add the GDP since the creation of this country (not easy with old countries like in Europe, especially since the GDP is a post-industrial notion....)

But we should add (at least):

a) Present and future human resources
b) Public, economic, agricultural, real estate and industrial heritage, including intellectual and cultural property (included in GDP but subject to speculation, etc.)

It should be subtracted (at least):

a) Foreign debts
b) Foreign properties and assets (including everything related to finance and stock exchanges)

Here, here, you have 2 hours! Good luck ! : Mrgreen:

(by searching one can perhaps find the answer on the internet, I would be surprised that such an important question has not been the subject of economic studies...)

Screenshot 2022-04-27 at 11-11-45 Google Maps.png
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Obamot » 27/04/22, 15:06

If the country is in default on its debt (like the USA which has exceeded the red line many times, does that count?)

If so, Elon Musk could afford the USA for a symbolic US dollar : Mrgreen:
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Christophe » 02/05/22, 00:51

So the big mouths of the forum who always know everything about everything?

Do we hear them anymore?
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by dede2002 » 05/05/22, 08:30

Hi Christopher,

it would depend on the exchange rate, each country, or almost, has its own currency that should be used to "buy the country".

For example, if the dollar devalued sharply, all dollar debts would also decrease. And inflation devalues ​​all currencies...

I don't think your calculation is feasible. :?:
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Christophe » 05/05/22, 08:48

Yes Dede but exchange rates would come into play...somewhere in the calculation...it would be a variable parameter in the value equation.

But before talking about exchange rates, here I am talking about a method for setting the price of a country from a "patrimonial and human resources" point of view...

Obviously the method will be complex and can only be approximate...but if it is applied to different countries, it would make it possible to compare...
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Obamot » 05/05/22, 09:06

We should then ask Ahmed if: the “fictitious value” is the same for all countries, or if it fluctuates...?
The answer is already in the question... The price of a country is impossible to fix, since the amount fluctuates constantly!

Since the amount is/would be fictitious while fluctuating... : Shock:

If the standard is the energy value, then the amount of the price of the subsoil, the amount of the mining values ​​must be fixed... In terms of the geological time it took to constitute the reserves... C that is to say an amount impossible to quantify, far too expensive to be able to afford it, and with the unknown of what the future holds for us in terms of scientific discoveries compared to what the basement conceals — or could conceal — and of which we know nothing of the real value...

We can already deduce from this reasoning that the value of a country is equal to an infinite amount.
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Christophe » 05/05/22, 09:10

We can still have an idea: a country with 20 billion GDP is necessarily worth less than a country with 2000 billion GDP... but the GDP is only a snapshot of the "wealth" of the year passed... what I would like is the accumulation! : Lol:
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by dede2002 » 05/05/22, 10:20

Or, a country is a certain number of hectares, with a certain number of constructions, and what is inside these constructions.

Just make the sum, to buy everything... : Mrgreen:
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Re: What is the price of a country? Its all-inclusive overall financial value? Macroeconomic study




by Christophe » 05/05/22, 10:28

Here we are getting closer to the idea! : Lol:
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