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Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth-the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their...
Persistent link: https://www.econbiz.de/10012644094
Students around the world are going to school but are not learning-an emerging gap in human capital formation. To … percent of the world's population from 2000 to 2017. The data set will be publicly available and updated annually by the World …
Persistent link: https://www.econbiz.de/10012007954
This paper provides up-to-date characterization of the association between trade and GDP comovement - also called the trade comovement slope- for 150 countries from 1962 to 2011. The paper shows that trade is significantly linked to more GDP correlation, either directly through bilateral trade,...
Persistent link: https://www.econbiz.de/10012168119
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the … the world's economies. The report provides ICP results for the benchmark year 2017 and revised results for earlier years …-operation and Development, the United Nations, and the World Bank. Notably, PPPs and ICP data are used in indicators monitoring …
Persistent link: https://www.econbiz.de/10012644294
Declining water quality can impact the economy in various ways. Impacts can be found in the health sector, where labor productivity can be affected, in agriculture, where the quality and quantity of food produced can be reduced, and in tourism, real estate, aquaculture/fisheries and other...
Persistent link: https://www.econbiz.de/10012646802
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth-i.e....
Persistent link: https://www.econbiz.de/10012245676
variety of historical and contemporary sources, it shows that there exists marked variation in the age structure of the world …
Persistent link: https://www.econbiz.de/10012121233
The World Bank Human Capital Index (HCI) is based on the productivity gains of future workers from human capital …
Persistent link: https://www.econbiz.de/10012296855
countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 …
Persistent link: https://www.econbiz.de/10012051829
The co-dependence between assets tends to increase when the market declines. This paper develops a correlation measure focusing on market declines using the expected shortfall (ES), referred to as the ES-implied correlation, to improve the existing value at risk (VaR)-implied correlation....
Persistent link: https://www.econbiz.de/10012004764