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.


Featured Paper

Will the Current Money Growth Acceleration Increase Inflation?
An Analysis of the US Situation
by Tim Congdon CBE
The coronavirus pandemic has not only come as a profound shock to the major economies, but also exposed tensions between leading schools of thought. Uncertainty has arisen about the medium- and long-term consequences of the policy responses to COVID-19. Will the pandemic, and the consequent major upheaval in economic policy, lead to deflation or more inflation? This article—which is intended above all as a contribution to the emerging deflation vs. inflation debate—begins by discussing official policy in recent months. It then states a position in the tradition of the quantity theory of money and develops the argument that inflation will rise significantly in the aftermath of the pandemic. Read now




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