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Monday, February 23, 2009

Macro graphs

Some interesting graphs from Danny Quah, head of the LSE economics department. Note the US trade deficit is almost as big as India's entire economy!

I also recommend the talk below on Chinese economic development, although it is a bit long.

The Shifting Distribution of World Economic Activity: China and global imbalance

Speaker: Professor Danny Quah

China has, single-handedly, brought more people out of poverty than the rest of the world combined, and faster than anywhere else has been able to achieve. How can this continue?

Danny Quah is professor of economics and head of the Department of Economics at LSE.

Two slides from the talk. Note Japan's largest trading partner is China, and China's largest trading partner is greater E and SE Asia.

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