The World Economics Journal focuses on the production, analysis and use of economic data, a subject of fundamental importance to the world economy.
Data on GDP, Prices, Population, Employment, Debt and a host of other variables provide the basis for millions of daily decisions by investors, bankers, businesses, and politicians.
Yet most economic data is of poor quality (even in developed countries) and unsuited to the great responsibility placed on it.
The aim of the Journal is to provide a forum for discussion and the exchange of ideas, to foster an improvement in the quality of economic data worldwide.
Papers from the World Economics Research Programme
How to Increase your Countries GDP
World Economics, December 2019
There are three ways to increase the real Gross Domestic Product (GDP) of any country. First, by producing more goods and services in a given time frame. This is not easy. Second, by fiddling the figures, a method often adopted by politicians of all kinds...
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Global Trade Data
World Economics, December 2019
There are serious problems with official trade statistics since according to the IMF in 2016 the world imported US$339 billion more than it exported. The Ricardian concept of comparative advantage in final goods is no longer fully relevant to explain trade between count ...
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Global Population Data Accuracy Ratings
World Economics, December 2019
The accuracy of population data varies widely across countries. The most comprehensive data on the number of people living in a territory and their demographic profile, a vital component for public sector economic and social planning and also for private sector needs, ...
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Data Quality Ratings: China
World Economics, September 2019
The quality of GDP data in China is improving, and up to date in many respects. But is still some way from good quality. Use with caution! ...
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Call for Papers
World Economics would like submissions on key subjects of importance relating to the measurement of economic activity and data issues (for example, but not limited to):
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Measuring output
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Measuring price |
- GDP measures
- Alternative measures of measuring economic activity
- Measuring the gig economy
- Measuring services and financial services output
- Measuring government output
- Measuring the shadow economy
- Beyond GDP - depreciation of the environment, happiness
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- Measuring consumer price inflation
- Estimating GDP and input price deflators
- Measuring financial asset and real estate prices
- Valuing 'free' services such as those offered by Google and Facebook
- The price of light - how to measure the impact of rapid technological change on price
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Measuring people
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Debt
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- Measuring population numbers in developed countries
- Measuring population in emerging markets
- Population forecasting
- Fertility estimation
- Participation rates and unemployment
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- Defining debt
- Measuring consumer debt
- Measuring corporate debt
- Measuring government debt
- Debt cycles
- Debt instruments
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Submissions of articles for consideration by World Economics should be sent to
editor@worldeconomics.com.
Additional Resources:
Guidelines and details for submissions
List of World Economics Editorial board members