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Is part of the Latvian economy already in the middle-income trap?
There are fears that the observed moderation of growth rates in Latvia suggest it may soon be stuck in a Middle Income Trap. No uniform understanding has been reached as to what a Middle Income Trap is and what signs testify to its existence. In order to avoid the danger of this trap structural reforms will be necessary which could raise Total Factor Productivity.
GDP figures: How the Financial Times gets it wrong
Dollar market exchange rates are erroneously used by many publications to make cross-country comparisons of GDP. Exchange rates underestimate the relative size of developing economies and provide misleading estimates of important economic ratios such as energy intensity figures.
Measuring The Americas GDP - February 2015
The Americas, comprising the USA and Canada, the Spanish speaking countries of South and Central America plus Brazil and the Caribbean, is a region displaying large differences in living standards....
World Economics 15.4: Measuring Wealth
The latest issue of World Economics visits the topic of measuring wealth. Scott MacDonald looks at How Wealthy the Chinese really are while Dariana Tani evaluates the need for establishing a system for natural capital accounts.
World Economics 15.3: Economic Measurement
The latest issue of World Economics reviews the topic of economic measurement. Nomaan Majid reviews employment data in Developing countries while Brian Sturgess analyses the real levels of GDP in the Asia-Pacific region.
World Economics 15.2: Money
The latest issue of World Economics reviews the topic of Money. Tim Congdon looks at the cause of the Great Recession and Ryland Thomas and Christopher Balding consider the macro-economic impact of good quality data for the UK and China.
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The World Economics Journal archive spans 16 years and over 600+ artilces from Pension Reform, Green Economics, Finance and Investment, Africa to Capital flight and Infrastructure investment benefits.
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Volume 15, Number 4 - Measuring Wealth
How Wealthy are the Chinese?
This paper looks at the available data about the number of high and ultra-high net worth individuals in China.
Employment in India
A review of the emerging issues and dynamics in various segments of the Indian labour market.
Measuring Natural Capital
This paper is to highlight the importance of establishing a system of natural capital accounting.
Applying Reputation Data to
Enhance Investment Performance
The uses of reputation data to analyse the share price performance of companies identified as over or under-valued.
The Economic Future of Europe
What does the economic future hold for Europe? the aftermath of the 2008 crisis, four macroeconomic threats have been subject to heated debates by economists and politicians....
Counting the Costs of Political
Violence in Bahrain
This paper looks at the sources and types of data necessary to measure the true economic cost of political instability and violence.
The Endless Business of Reforming the IMF
A review Joseph P. Joyce’s thought-provoking book
The IMF and global financial crises: Phoenix rising?
Volume 15, Number 3 - Economic Measurement
Measuring Employment in Developing Countries
This paper is concerned with measuring categories of employment that have an economy-wide meaning in the developing world.
Measuring the Asia-Pacific Region
The quality of economic statistics varies widely across the region mainly because of differences in the resources available to national statistical offices.
Measuring Multidimensional Vulnerability in India
This paper examines the relationship between multidimensional poverty and multidimensional vulnerability.
On the Role of MDBs in Developing Islamic Finance
An analyses of the main determinants of the diffusion and growth of the Islamic finance services industry (IFSI) globally.
The Global Financial and Economic Crisis, and the Creation of the Financial Stability Board
A look at how the FSB needs to change as it matures to reflect its key role in global financial reform efforts.
Macroeconomic Policy in Open Economies
The dilemma facing policymakers is how to combine the instruments they have available in the form of fiscal, monetary and exchange rate policy to achieve the targets of internal and external balance...
The Greek Economic Crisis – is the Euro to Blame?
This article analyses the build-up, outbreak and development of the crisis in Greece, with the aim to answer whether the crisis can be traced to the country’s entrance into the Eurozone.
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