Monday, July 29, 2013

The increasing share of developing countries in world GDP

In a previous post I noted the rise in the share of South-South trade. Below is the expansion of developing countries' share in total world GDP (source here).
The expansion reflects to a great extent the rising share of China. At PPP the share of developing countries is now at around 50%.

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Godley-Tobin Lecture - Friday 1st March11:30am - 12:45pm

Please note the change in date and venue. Bob Rowthorn's Godley-Tobin Lecture. titled “Keynesian Economics: Back from the Dead?”  It...