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.

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):

Measuring output   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
  • 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

Measuring people   Debt
  • Measuring population numbers in developed countries
  • Measuring population in emerging markets
  • Population forecasting
  • Fertility estimation
  • Participation rates and unemployment
  • Defining debt
  • Measuring consumer debt
  • Measuring corporate debt
  • Measuring government debt
  • Debt cycles
  • Debt instruments

Papers from the World Economics Research Programme

How to Increase your Countries GDP 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 Major Problems Persist with UK Price Inflation Data
World Economics
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 Global Population Data Quality Ratings
World Economics
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 Alarming Problems Caused By Misleading Trade Data
World Economics
The fact that world exports do not match world imports indicates that there are serious problems with official trade statistics... More