Great chart highlighted by Paul Kedrosky. China just slightly outgrowing other countries at similar stage of developments though not by much. GS expects a path similar to Taiwan's.
Friday, February 11, 2011
Thursday, February 10, 2011
Economic Data
Calculated Risk has an other extremely useful post summarizing and ranking economic data.
The list is here and he asks: "Another FAQ: Why does CR give everything away for free? Because ." Much appreciated.
The list is here and he asks: "Another FAQ: Why does CR give everything away for free? Because ." Much appreciated.
Wednesday, February 9, 2011
Economics Best Of
Prof Krugman mentions the economist's best of, the top 20 articles of the AER's first 100 years.
Key takeaways and articles
Key takeaways and articles
Monday, February 7, 2011
Here we go again - Soaring Food Prices
Prof Krugman attributes the recent surge in food price to the declining supply following weak harvests in Russia. Global per capita grain production is down 5% in the past 2 years while demand is growing. With low demand elasticity large prices rises are necessary to curb consumption.
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