Africa

A Rawlsian look at long-term development: another perspective on the Africa puzzle

09 Jul 2009

Are more open countries being hit harder in the recession?

29 Apr 2009

A Rawlsian look at long-term development: another perspective on the Africa puzzle

Long-run data on inequality within and across countries from the 1820s allow a Rawlsian look at the world: how well off are the poorest in society? This post calculates GDP per capita of the poorest 10% of a society for a selection of world regions. This perspective makes Africa’s plight even more baffling, given that its poorest citizens were better off than those of any other developing region up to 1914. Its poorest citizens now are no better off than its poorest citizens then.

09 Jul 09 | Posted in World Economy | Comments (1)

Are more open countries being hit harder in the recession?

A review of the IMF’s April 2009 World Economic Outlook, and an analysis of the fastest growing – and contracting – economies of 2009. The 2009 economic growth in Africa and Asia is welcome, and growth (albeit weaker) in China and India indicates the beginnings of self-sustaining domestic demand in those economies.

29 Apr 09 | Posted in World Economy | Comments (6)

africa

A Rawlsian look at long-term development: another perspective on the Africa puzzle

09 Jul 2009

Are more open countries being hit harder in the recession?

29 Apr 2009

A Rawlsian look at long-term development: another perspective on the Africa puzzle

Are more open countries being hit harder in the recession?

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