Tag Archives: GDP

Africa’s economic growth

While China’s economy continues to rapidly grow, during the first decade of the 2000s, most of the world’s fastest-growing economies were in sub-Saharan Africa and the IMF projects that this trend will continue over the next five years. The Economist … Continue reading

Posted in Reorganization | Tagged , , | 1 Comment

Estimating welfare: another measure

New NBER paper Beyond GDP? Welfare across Countries and Time by Charles Jones and Peter Klenow looks interesting.  They propose a new summary statistic for a nation’s flows of welfare that combines data on consumption, leisure, inequality, and mortality.  They … Continue reading

Posted in Inequality | Tagged , , , , , | Leave a comment