Posts Tagged ‘GDP’

  • GDP growth Nigeria rebasing

    Why Would the Nigerian GDP Double Overnight?

    Apr 10, 14 • 634 Views • No Comments

    We might have to say BRINC rather than BRICS. As a developing nation with the highest GDP in Africa, South Africa has been the “S” in BRICS (Brazil, Russia, India, China). Now though, Nigeria has raced ahead. During one weekend in April, the...  [read more]

  • tape measure height

    Tall and Short Populations

    Feb 26, 14 • 390 Views • No Comments

    Princeton economist Angus Deaton estimates that it will take 500 years for Indian women to reach the height of English women. In The Great Escape, Dr. Deaton explains that a population could be short because of nutrition or disease. When babies consume...  [read more]

  • Nigerian currency

    Figuring Out African Development

    Dec 21, 13 • 435 Views • No Comments

    In Chimamanda Adichie’s Americanah, we meet Ifemelu and Obinze. Representative of Nigeria’s upper class, they are a part of a story that takes the reader to Princeton, Yale, Philadelphia, Baltimore and London but always with a home base in...  [read more]

  • Data Consumption the the GDP

    A GDP Omission

    Dec 1, 13 • 439 Views • No Comments

    What to include in the GDP? When Nobel Laureate Simon Kuznets developed the concept of the GDP during the 1930s, he had to decide which goods and services would count. He knew the GDP had to measure the health of the country. But how? His answer was adding...  [read more]

  • Our Transportation Infrastructure is Crumbling

    A Leading Indicator: The Good Side of Traffic Congestion

    Aug 4, 13 • 477 Views • No Comments

    There might be a good news side to traffic congestion. After all, roads get busier when mall visits increase. Rush hour gets worse when extra people commute. And don’t more package deliveries from UPS, FedEx and the USPS clog up streets? One firm that...  [read more]