Tagged: GDP

The decoupling delusion: rethinking growth and sustainability - Guest Work

Guest Work Mar 15, 2017

By James Ward, University of South Australia; Keri Chiveralls, CQUniversity Australia; Lorenzo Fioramonti, University of Pretoria; Paul Sutton, University of Denver, and Robert Costanza, Australian National University Our economy and society ultimately depend on natural resources: land, water, material (such as metals) and energy. But some scientists have recognised that … Read More

Steven Joyce as Minister of Finance - The Dismal Science

Michael Reddell Dec 08, 2016

Bill English is reported to have the numbers to become leader of the National Party and, thus, our next Prime Minister.  And if does succeed in that quest he has indicated that Steven Joyce will become the Minister of Finance. That news had me digging out a couple of posts I’d written this year on Mr Joyce’s comments and claims.  … Read More

Key’s legacy – an economist’s view - The Dismal Science

Michael Reddell Dec 06, 2016

Perhaps nothing became John Key more than the manner of his departure.  Tired –  “nothing left in the tank” –  and admirably unwilling to go into an election year and lie about his willingness to serve another full term, or to just struggle on, he chose to walk away instead. It is rare for political leaders to leave voluntarily when they are well, … Read More

Productivity: where do we stand? - The Dismal Science

Michael Reddell Apr 06, 2016

Comparisons of material living standards across time and across countries are fraught with measurement problems.  No one seriously questions that 100 years ago we had some of the very highest material living standards, and equally no one really questions that we are a long way off that mark now. Some want to focus instead on wellbeing indicators. That is … Read More

Economic performance since 1952 for Her Majesty’s realms and territories - The Dismal Science

Michael Reddell Sep 09, 2015

Today Queen Elizabeth becomes the longest-reigning British monarch (as others have noted, she became New Zealand’s longest-reigning monarch a couple of years ago). By 1952 a few places that had been British possessions or protectorates had already become independent (eg India, Pakistan, Israel, Ireland) but the extent of Her Majesty’s territories was still quite astonishingly large.  The Conference Board has GDP per … Read More

Closing the gap with Australia: only the OECD seems to think so - The Dismal Science

Michael Reddell Sep 08, 2015

A friend asked me yesterday for the latest GDP per capita numbers for New Zealand and Australia.  His interest was a point estimate, to compare current levels in the two countries.  I went back to him with the series I would normally consider best for that purpose: the OECD’s measure of current price GDP per capita, converted to a … Read More

Medals per capita is biased - Kidney Punch

John Pickering Aug 14, 2012

The Games are over, let the analysis begin. We’ve had some fun with ranking countries’ performance at the London Olympics according to medals per million (medals per capita) or medals per 100 billion of Gross Domestic Product (see my tables below).  As I predicted a few posts back, the medals per capita will be one … Continue reading » … Read More

North Korea leads the Olympics – Medals per dollar of GDP - Kidney Punch

John Pickering Aug 06, 2012

Do richer countries perform better than poorer?  Is sporting prowess more important to a country’s leaders than feeding their population?  Or does this table reflect real sporting prowess. You be the judge.  North Korea (DPR Korea) leads the medals per US$100 Billion of Gross Domestic Product (2010 figures from the UN statistics), Moldova and Mongolia … Continue reading » … Read More