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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.
World Economics 15.1: Latin America
The latest issue of World Economics reviews Latin American economic data. The most significant data problems are the use of old standards of national income accounting, the use of outdated base years and the degree to which the shadow economy is underrecorded.
World Economics 14.4: Remittances
This issue of World Economics focuses on Remittance flows and their overall macroeconomic impact. Also featured are papers on Facebook and it’s attempts to conquer Russia through social media and an in-depth look at how the Crown Estate could become Britain’s First Sovereign Wealth Fund as an alternative to privatisation.
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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.
Volume 15, Number 2 - Money
What Were the Causes of the Great Recession?
Two ways of thinking about the causation of the Great Recession are contrasted: the ‘mainstream approach’ and the ‘monetary interpretation’.
The Link Between Money and Nominal Spending
This article takes a broad overview of the historical data available for assessing the link between money, credit and activity, using the quantity theory of money as an organising framework.
Reserve Creation and Reserve Pooling in the International Monetary System
A review of the arrangements for meeting additional post-crisis demand for international liquidity.
When Money Matters
José Luis Cendejas Bueno, Félix-Fernando Muñoz & Juan Castañeda review Some Policy Lessons from the Business Cycle in Spain, 1998–2013.
Data Manipulation of Inflation Statistics Artificially Raises Real GDP
Baseline Chinese economic data are unreliable. Taking published National Bureau of Statistics China data, three problems appear...
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