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World Economics 17.2: Monitoring Climate Change & The Chinese Economy
This edition of World Economics focuses on monitoring climate change and challenges encountered by the adapting Chinese Economy.
World Economics 17.1: Economic Measurement
This edition of World Economics focuses on economic measurement and the challenge presented by the impact of a growing digital economy on estimates of GDP. Available economic data is used to measure issues of financial inclusion, youth employment and the state of China’s property market.
World Economics 16.4: Commodity Prices
José de Gregorio considers in the latest digital edition of World Economics the situation in Latin America which has move from a sustained recovery to slowdown driven by commodity prices. Hippolyte Fofack also analyses the impact of fluctuating oil prices on African economies.
World Economics 16.3: Housing Market Stability
This digital edition of World Economics explores Housing Market Stability and a fresh look at the Eurozone. Tim Congdon looks at if inequality really caused the Great Recession and Danny Leipziger et al review the Korean housing market, Finance, debt and economic growth.
Search the extensive 16 year World Economics archive
The World Economics Journal archive spans 16 years and over 600+ articles from Pension Reform, Green Economics, Finance and Investment, Africa to Capital flight and Infrastructure investment benefits.
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Volume 17, Number 2: April - June 2016
The Paris Climate Agreement heightens development challenges in Africa
The rise of the green economy under the proposed Agreement offers tremendous opportunities for growth and economic development, especially for Africa...
Economics, Science and Climate Change
The IPCC theory is tested with global data from three different periods – the last 1,000 years, the last 120 years and the last 18 years. Two models are presented...
How Fast Will China Grow Towards 2030 and what about the US?
Historical data for the last fifty years shows that there is a surprisingly strong correlation between the growth rate of a nation’s GDP per person and its income level.
China’s GDP Per Capita from the Han Dynasty to Communist Times
This article is a critical survey of the concepts and data utilized by economists and economic historians that purport to measure relative levels and long term trends in GDP per capita from the Han Dynasty to Communist times.
Data on Indicators of Governance: Handle with Care
An argument that indicators of governance in developing countries should be applied with caution, keeping their shortcomings in mind.
De-Risking Impact Investing
Despite great investor interest in impact investing, actual investment flows have remained modest. This is largely due to insufficient investment opportunities which offer a financially sustainable risk-return balance.
Japan’s Monetary Policy Misadventure
This paper argues that the Bank of Japan’s decision in April 2013 to formally adopt inflation targeting as the framework of its monetary policy and to embark on a programme of quantitative and qualitative monetary easing was misconceived.
Volume 17, Number 1: January - March 2016
The Digital Revolution – New Challenges for National Accounting?
The digital revolution has changed many industries, but measuring these changes from a national accounting perspective causes problems...
Measuring Financial Inclusion using Multidimensional Data
The author notes that the lack of a financially inclusive system is a major concern not only for developing and low-income economies, but for many developed and high-income countries.
Dissecting China’s Property Market Data
This paper analyses Chinese property market data to evaluate recent trends in the market and to make prognoses for the future.
The Indian Economy: From Growth to Stagflation to Liberal Reform
A review that considers the optimistic scenario that India was on a high growth path and would follow China’s path with a lag (as its reforms started in 1991 compared with China’s in 1980) which would produce an economic miracle.
Youth Employment Crisis in India
A comparison of two regional economic communities – the East African Community (EAC) and the Southern Africa Customs Union (SACU) – suggests that deeper intra-regional, and in particular intra-industry, trade ties have contributed to the EAC’s resilience to external output shocks.
How Managerial Incentives Affect the Economy
The impact of managerial incentive structures on corporate behaviour has been a neglected area of economics. New theoretical work by Nobel Prize winning economist Jean Tirole demonstrates that ‘bonus culture’ managerial incentive systems can increase inequality while lowering investment, work ethics and welfare.
Fiscal Policy and the Global Crisis
Up until the global economic crisis at the end of the 2000s an eclectic approach to fiscal policy seemed to have emerged from the long-standing debates that there had been about it...
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