In a world driven by complex economic interactions, it’s surprising, and somewhat alarming, to see the gap in our collective understanding of economic concepts. A 2020 report by the Economic Statistics Centre of Excellence painted a clear picture of this disparity. A mere 25% of the population self-report a ‘very good’ or ‘good’ understanding of […]
Chinese Tourism Levels and Spending v.s. Exchange Rate
UK retailers are paying increasing attention to the needs of Chinese consumers, adjusting both their payment systems as well as product offering to …
UK Gross Fixed Capital Formation v.s. Current Account Deficit
The longer Brexit negotiations continue to stall, the longer any votes are delayed and the status-quo persists, the more economic actors will simply revert to their old behaviours…
UK Average Annual Hours Worked v.s. Productivity
Time constraints and uncertainty around wider applicability are potential problems with studies such as the one conducted at Perpetual Guardian. Since the 4-day program was only implemented in November 2018, there is no way to tell if a longer time horizon would…
US Labour Share of GDP
The world economy cannot sustain itself if the majority of its participants are experiencing a decline in real income. Since inequality is not a self-evident vice, this raises the stakes…
Indian Consumption and Investment as a Percentage of GDP
With elections looming in April/May, the Modi administration has recently released an interim Union Budget proposing policies that offer a rebate to taxpayers earning up to 500,000 rupees (7000 USD), benefitting…