World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data
 

Previous World Economics Issues

The contents of all previous issues of World Economics are listed below. Subscribers have access to the complete back issue archive: click on titles to view abstracts and full text of articles (PDF). If you are not a subscriber please visit our online store to order a subscription.

Year:   2017 |  2016 |  2015 |  2014 |  2013 |  2012 |  2011 |  2010 |  2009 |  2008 | 
2007 |  2006 |  2005 |  2004 |  2003 |  2002 |  2001 |  2000
New Estimates of Regional GDP in the UK
Julian Gough
World Economics, June 2017 (Volume: 18, Number: 2)

Real GDP is estimated by applying a price-level estimate or deflator to nominal GDP, but GDP levels in the UK’s 12 inhabited regions are only reported at nominal prices with no allowance for differenc... More
 
Why Maddison was Wrong
Kent Deng & Patrick O'Brien
World Economics, June 2017 (Volume: 18, Number: 2)

Much academic debate in Western and Chinese universities has engaged in testing the hypothesis that standards of living in China did not fall behind those of the populations of the national economies ... More
 
Double Deflation Casts Doubt on Existing GDP Data
Brian Sturgess
World Economics, June 2017 (Volume: 18, Number: 2)

Increasingly, national income statisticians, the specialists involved in producing real national income figures, and the users of those figures are living in a parallel universe. Most countries use a... More
 
Building a New Testable Model to Estimate Total Factor Productivity
Andrew Smithers
World Economics, June 2017 (Volume: 18, Number: 2)

A new model to measure Total Factor Productivity free from the flaws which exist in previous models; appropriate data are used to test it. The model distinguishes between the contributions made to inv... More
 
Assessing the G20’s Mutual Assessment Process: A MAP but Little Direction
Graham Bird
World Economics, June 2017 (Volume: 18, Number: 2)

After the global economic and financial crisis, the G20 has tried to orchestrate an internationally coordinated approach to economic recovery. In late 2009, the Mutual Assessment Process (MAP) was in... More
 
Measuring the Elusive Middle Class and Estimating its Role in Economic Development and Democracy
Giovanna Maria Dora Dore
World Economics, June 2017 (Volume: 18, Number: 2)

The middle class has a special role in economic, political, and social thought, but social scientists seem unable to agree on how to define or measure it. This article stems from an ongoing Johns Hopk... More
 
How to Reconcile Democracy, the State and the Global Market
Giovanni Farese & Paolo Savona
World Economics, June 2017 (Volume: 18, Number: 2)

Nation states were the vehicle for market capitalism, but global market capitalism has freed itself from regulations imposed by nation states. A trilemma between democracy, the state and the market be... More
 
Problem or Solution: Data on Sub-National Debt for Infrastructural Development in Nigeria
Kingsley Imandojemu
World Economics, June 2017 (Volume: 18, Number: 2)

Nigeria has witnessed a substantial rise in sub-national debt at the state level in an economy characterised by infrastructural decay and macro-economic imbalance. The mismanagement of sub-national de... More
 
The Data Quality Index
World Economics
World Economics, June 2017 (Volume: 18, Number: 2)

GDP data is important used to apportion funds from international organisations, to influence rating agency decisions and much more, but official data is totally inadequate for the demands made of it. ... More
 
Neglect Private Debt at the Economy’s Peril?
Leslie G. Manison & Savvakis C. Savvides
World Economics, March 2017 (Volume: 18, Number: 1)

The role of private debt as a cause of financial crises and prolonged recessions is often neglected. In Cyprus policy concern has focused on government debt despite the problem of a rapid growth of pr... More
 
Are Estimates of the Economic Contribution of Financial Services Reliable
Brian Sturgess
World Economics, March 2017 (Volume: 18, Number: 1)

The methods used to estimate the contribution of financial services to national income are seriously flawed. Banking sector output in the UK was estimated to have increased in 2008 while the financial... More
 
Measuring the Performance of Fiscal Reforms: The Case of the GCC
Ahmed Hashim Alyushaa
World Economics, March 2017 (Volume: 18, Number: 1)

Public spending has raised the welfare of citizens in the Gulf Cooperation Countries (GCC) significantly over the period 1960–2015, particularly as measured in raised average life expectancy and lower... More
 
Defending Development
Raadhika Vishvesh
World Economics, March 2017 (Volume: 18, Number: 1)

The need to define development has witnessed many attempts to condense a country’s economic deprivation into a single figure. In order to target poor citizens, it is important to classify those who ar... More
 
Measuring the Impact of Agricultural Finance on Rural Inequality: Evidence from Egypt
Heba Farida Ahmed Fathy El-laithy, Ahmed Rostom & Lamia Donia
World Economics, March 2017 (Volume: 18, Number: 1)

Evidence suggests that financial development and improved access to credit not only accelerates economic growth, but also reduces household poverty and income inequality. Using Egyptian household sur... More
 
The Impact of Minimum Wage Legislation
Julian Gough
World Economics, March 2017 (Volume: 18, Number: 1)

Minimum wage policies are powerful political tools, but the economic effects are unlikely to be in the interests of society as a whole. Wages should be left to the free operation of market forces. Min... More
 
Sovereign Wealth Fund Investment in Economic Transformation: Toward an Institutional Framework
Patrick Schena & Asim Ali
World Economics, March 2017 (Volume: 18, Number: 1)

The prospect of prolonged lower hydrocarbon and commodity prices has forced many countries to reconsider both fiscal policy and sovereign wealth fund asset allocation to address possible liquidity nee... More
 
The Environmental Kuznets Curve
Harry Booth
World Economics, March 2017 (Volume: 18, Number: 1)

The Kuznets curve is an income inequality measure used in development studies which predicts an inverse-U shape with inequality first rising with industrialisation and then declining, as more and more... More




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