World Economics Journal Archive

The contents of all previous issues of World Economics are listed below. Subscribers have access to the complete back issue archive: click on titles to view abstracts and full text of articles (PDF). If you are not a subscriber, sign-up online now.


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The Drivers Behind Corruption in Official Statistics The Drivers Behind Corruption in Official Statistics: Who wants to control the mirror to society and why
Andreas V Georgiou, World Economics, March 2022
The manipulation of official statistics is grand corruption and political corruption. There is a mechanism that gives rise to phenomena of corruption in official statistics and has component parts: the drivers, the enabling conditions, the modalities and methods used to ... More


Nigerian Statistical Data and their Trustworthiness Nigerian Statistical Data and their Trustworthiness: Its Implication for Economic Planning and National Development
Keziah, Y. Ayuba & Panshak Yohanna, World Economics, March 2022
As at 2020, the population of Nigeria was said to be about 200 million (World Bank, 2020). However, the actual population of Nigeria remains a subject for national debates, since there are no databases for birth or death rates. To ascertain the trustworthiness of the st ... More


Exercising Economic Sovereignty in Today’s Global Financial World Exercising Economic Sovereignty in Today’s Global Financial World: The Lessons from John Maynard Keynes
Biagio Bossone, World Economics, March 2022
In this article, I argue that current macroeconomic models do not recognise the role that "global investors" play in determining the space for effective macroeconomic policies. These important players must be placed at the center of macroeconomic analysis if we are to u ... More


Not Cyclical but Secular Not Cyclical but Secular
Andrew Smithers, World Economics, March 2022
Classical economics assumed that interest rates would adjust, or could be adjusted, to ensure that there was no mismatch between private sector intentions to save and invest. Interest rates were therefore assumed to be the sole policy tool needed to maintain full employ ... More


Diversity and Inclusion Diversity and Inclusion: Charactering the Pace of the Labor Market Recovery by Race and Gender
Azhar Iqbal, World Economics, March 2022
This study employs the natural unemployment rate as a benchmark to characterize the state of the US labor market by race and gender. In our analysis, we find that the COVID recession produced asymmetric economic damages to some segments of the population and that the pa ... More


Total Factor Productivity Growth in Indian Manufacturing Total Factor Productivity Growth in Indian Manufacturing
Abhijeet Bag & Sarbapriya Ray, World Economics, March 2022
Research findings suggest that the trends in total factor productivity (TFP) are highly cyclical across years during the pre-reform period and have shown a similar cyclical trend during the post-liberalisation period in all three measures—GO based, A based and KLEMS mea ... More


Evolving Indian Policy Evolving Indian Policy: It’s not USA vs China, It’s USA, China and Others!
Siddhartha K. Rastogi, World Economics, March 2022
As the world reorients into a bipolar power struggle between the USA and China, India is often touted to be the counterbalancing force to China, mainly due to geographical proximity, size and population. In the post-USSR world and since economic reforms in 1991, India b ... More