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
What GDP Methodology Has To Do With Economic Convergence
Ingrid Harvold Kvangraven & Jacob Assa
Have developing countries converged on advanced countries? This was a topic of much discussion in the 1980s and 1990s, and it recently resurfaced (see e.g. here or here). As the debate rages on, one element has gone unquestioned: the use of Gross Domestic Product (GDP) as a measure of growth. Our new GPID Working Paper closes this gap.... More
Major Problems Persist with UK Price Inflation Data
The Economics Affairs Committee of the House of Lords has published a damning report on the measurement of inflation statistics in the UK. The House of Lords Report number 246 Measuring Inflation accuses the UK Statistics Authority of being at risk of a “breach of its... More
Global Population Data Quality Ratings
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... More
The Alarming Problems Caused By Misleading Trade Data
The fact that world exports do not match world imports indicates that there are serious problems with official trade statistics... More