Sunday, July 7, 2013

US and China's total GDP in PPP

Branko Milanovic shows (using Maddison data) that:
Graph below:
Note that in terms of per capita GDP China is still a relatively poor country, given differences in population size. However, from a macro point of view, Chinese demand now plays an important role in the world economy.

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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...