Archive for October, 2007

On 20 November I will be speaking at an event at the Institute of Contemporary Art in London on the new global working class.

The main aim of this note is to spell out the correct statistics on India’s economic growth record. A participant in today’s session on India at 60 at the Battle of Ideas conference claimed incorrectly that India enjoyed strong growth in the decades immediately following the second world war. I said I would put the […]

In contrast to the gloom in the previous entry, Dick Taverne, a Liberal Democrat Peer and chair of Sense about Science, has written a defence of Genetically Modified (GM) agriculture for the November issue of Prospect magazine: “Seldom has public perception been more out of line with the facts. The public in Britain and Europe […]

The Global Environment Report (GEO-4) published by the United Nations Environment Programme gives a gloomy view of the outlook for the environment. The report self-consciously refers to the Brundtland Report (Our Common Future) of 20 years ago. It also says there is a need “to correct the technology-centred development paradigm”. I do not have time […]

Spiked has run my review of Gregory Clark’s A Farewell to Alms in its monthly review of books.

Two more blogs on development economics have been drawn to my attention (see post of 19 October). From the United Nations Conference on Trade and Development there is the ideas4development blog. Its high profile contributors include: Kemal Dervis (UNDP), Abdou Diouf (Organisation de la Francophonie), Donald Kaberuka (African Development Bank), Pascal Lamy (World Trade Organisation), […]

The latest Fund Strategy has a comment by me on the current popularity of developing countries among investors. Everyone seems to be interested in emerging markets. People who a few years ago would not know Bhutan from Bolivia seem ready to invest in exotic places. It is not hard to explain the growing popularity of […]

Good news on malaria. An Economist article raises the possibility of a vaccine to eradicate the disease.

A little noticed but key fact in the new World Economic Outlook from the International Monetary Fund (page 1 of chapter one). In the first half of 2007 China made the largest contribution to global growth for the first ever. This is true not only if measured at purchasing power parity but also at market […]

It seems that blogs are becoming a must-have item for any self-respecting economist (see blogs of 24 March, 25 April and 19 September). The latest one which looks useful to me is from Simon Johnson, the economic counsellor at the International Monetary Fund.