Measuring African GDP: "Africa's statistical tragedy",

that's what Shanta Devarajan, the World Bank's Chief Economist for Africa, called the current state of affairs.

GDP is often critiqued for being an inappropriate measure of "what counts", but recent studies have shown even worse: in Africa, what GDP is supposed to measure contains errors of 50%-100%, and these errors change over time and country. As a consequency, many economic studies based on econometric methods are rendered useless.

This is what this book that came out last month is about: Poor Numbers: How We Are Misled by African Development Statistics and What to Do about It.

You can also listen to the author in a Podcast episode (Jerven on Measuring African Poverty and Progress), or read his article in the guardian.


Kevin Kelly on the Future, Productivity, and the Quality of Life

This podcast episode offers a compelling economic perspective on Technology. Provocative questions are being discussed, such as: Did the 3rd industrial revolution (computers) impact productivity ? Why Robots Will--and Must--Take Our Jobs.

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The State of the Web According to Mary Meeker

In this slideshow hosted by Business Insider, Kliener Perkins partner Mary Meeker covers globalization and internet penetration, the growth of mobile (and the its continued upside), digital payments, education, healthcare, and big data.  Something for everyone, and a comprehensive overview for anyone with an interest in technology and/or the web.


Population - Science magazine special issue


Corporate Responsibility and Sustainable Economic Development in China: Implications for Business

This paper provides a strategic briefing on the state of corporate social responsibility (CSR) in China. It seeks to inform companies, policy researchers, and stakeholders concerned with China’s development and CSR more generally. A note on terminology: “CSR” has become the most common umbrella term in China for the constantly evolving domain that includes the social, environmental, and economic impacts of business. For the purpose of this paper, CSR is treated as analogous with the international use of terms such as corporate responsibility and business sustainability.

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