development economics | Utopia, you are standing in it!

@WorldBank wants to boost the agriculture sector!

11 Nov 2015 Leave a comment

by Jim Rose in development economics, economics of bureaucracy, growth miracles

#Agriculture employs 65% of labor force in SubSaharan #Africa. Let's boost the sector! https://t.co/3QONBX2EfW pic.twitter.com/wt15hJgfPk

— World Bank (@WorldBank) November 7, 2015

The biggest impact #climatechange will have on the poor will be through #agriculture: pic.twitter.com/1UjXHRjCVs https://t.co/sibD72uiXd

— World Bank Publications (@WBPubs) November 15, 2015

any shift from ag is good for African productivity @nancymbirdsall pic.twitter.com/znrgvd5ufn

— Laurence Chandy (@laurencechandy) September 2, 2014

@WorldBank what!? no instance economic development that didn't = massive urbanization, mechanization agriculture

— Jim Rose (@JimRosenz) November 7, 2015

Capitalism does this every day! What do @Oxfam and @Greenpeace do?

10 Nov 2015 Leave a comment

by Jim Rose in constitutional political economy, development economics, environmentalism, growth miracles, liberalism

Only 5% of people think extreme poverty has halved over last 20 years but the 5% are correct https://t.co/xxINHAG7cf pic.twitter.com/fXifSI074n

— Tim Montgomerie 🇬🇧 (@montie) November 9, 2015

Who said capitalism is the REAL poverty-beater? More at https://t.co/0EJLvEm2qi #ProsperityForAll pic.twitter.com/FD1CRfVus3

— Tim Montgomerie 🇬🇧 (@montie) November 9, 2015

Hot off the press: @WorldBank publishes new global poverty estimates and forecasts. 1.01 billion < $1.25/day in 2011 pic.twitter.com/cGfdEAdOMo

— Laurence Chandy (@laurencechandy) October 8, 2014

The global poverty rate is expected to fall below 10% in 2015: https://t.co/OXMby0Gwau pic.twitter.com/YfT2QDd9GB

— World Bank (@WorldBank) October 21, 2015

My favorite headline so far on the new global poverty numbers https://t.co/SKaW4Scxhi pic.twitter.com/Zc0pClE3Sx

— Laurence Chandy (@laurencechandy) October 7, 2015

Over the past 50 yrs, some economies have converged and some diverged, but most have stayed put pic.twitter.com/TGzYtb5kD3

— Laurence Chandy (@laurencechandy) July 16, 2015

What will it take to finish the “Last Mile” in ending extreme #poverty? brook.gs/1LiFT8E http://t.co/YxSZ36VCSW—
Brookings (@BrookingsInst) October 07, 2015

When my father was born, 7 in 10 people lived in absolute poverty.

Today, it's 1 in 10! https://t.co/1Caqku3AY1—
Tim Fernholz (@TimFernholz) October 21, 2015

Facts about People Who Enjoy Eating Tasty Animals (PEETA)

10 Nov 2015 Leave a comment

by Jim Rose in development economics, health economics Tags: economics of physiology, The Great Escape, The Great Fact, vagans, vegetarians

Less meat, better for everyone. Find out why: https://t.co/nDbAGDRcV7 #MeatlessMonday pic.twitter.com/qhGLPXk5Yf

— Greenpeace International (@Greenpeace) November 9, 2015

@Greenpeace @GreenpeaceNZ I enjoying eating tasty animals. Billions do; 900m vegetarians b/c extreme povertyhttps://t.co/YsHn06FGdg

— Jim Rose (@JimRosenz) November 10, 2015

@RichardTol the paper says 1.525bn vegetarians, 75m by choice, 1.45bn will start to eat meat as soon as they can afford it, no?

— Bjorn Lomborg (@BjornLomborg) December 5, 2014

https://www.facebook.com/curiositydotcom/photos/a.293459797348511.88330.206936646000827/1169433296417819/?type=3&theater

Utopia, you are standing in it!

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Breathing Beijing’s air

10 Nov 2015 Leave a comment

Breathing Beijing’s air: the equivalent of smoking nearly 40 cigarettes a day. http://t.co/7M3TxrgUPD—
ian bremmer (@ianbremmer) October 13, 2015

Image by Jim Rose

The Great Fact in 2 charts

10 Nov 2015 Leave a comment

by Jim Rose in applied welfare economics, development economics, economic history, growth disasters, growth miracles Tags: China, India, The Great Escape, The Great Fact

世界の所得分布、1988 → 2011年　https://t.co/f1tBZIpn56
この間の世界の富裕分の殆どを中国で説明できそうだ。インドはあまり変わってない。 pic.twitter.com/ygWYornmY8

— Spica (@CasseCool) October 19, 2015

A power pole in India

09 Nov 2015 Leave a comment

by Jim Rose in development economics, health and safety

Nice, my pics made the front of the @washingtonpost today to go with a great piece by @anniegowen #india #power pic.twitter.com/kU74SZJSCX

— Simon de Trey-White (@Sdetreywhite) November 8, 2015

@oxfamnz @GreenpeaceNZ get your ODA priorities straight

08 Nov 2015 Leave a comment

Image by Jim Rose

He who is first is now last: real GDP per capita of the East Asian Tigers since 1950

05 Nov 2015 1 Comment

by Jim Rose in development economics, economic history, growth miracles Tags: East Asian Tigers, Hong Kong, Japan, Singapore, South Korea, Taiwan

Japan has gone first to be last having been just overtaken in the last year or two by South Korea on a per capita real GDP basis, PPP. The Lost Decade certainly has taken its toll on Japanese relative prosperity. Singapore overtook Japan in the 1970s – a testament to the Singapore miracle. Hong Kong too overtook Japan on a purchasing power basis in the mid-1990s followed not long after by Taiwan. Singapore is seriously rich.

Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/

Robert Lucas on income redistribution and economic growth

05 Nov 2015 Leave a comment

by Jim Rose in development economics, growth disasters, growth miracles, macroeconomics, Robert E. Lucas Tags: capitalism and freedom, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact

https://twitter.com/MaxCRoser/status/661735370141356032

Making one miracle: Philippine and South Korean real GDP per capita since 1950

05 Nov 2015 Leave a comment

by Jim Rose in development economics, economic history, growth miracles Tags: South Korea, The Philippines

About 20 years ago, Robert Lucas reminded that in 1960 the Philippines and South Korea were at the same level of economic development. What followed for one was an economic miracle while the other the other grew at the same average pace as other developing countries is the central puzzle for the economics of economic growth.

Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/

Source: Robert E. Lucas Jr. “Making a Miracle” Econometrica (1993).

Chinese birth and death rates and the Chinese population since 1950

04 Nov 2015 Leave a comment

by Jim Rose in development economics, growth disasters, growth miracles, labour economics, labour supply, population economics Tags: China, economics of fertility, one child policy, The fatal conceit, The pretense to knowledge, unintended consequences

https://twitter.com/MaxCRoser/status/660030711278227456

#Africa is turning democratic

01 Nov 2015 Leave a comment

by Jim Rose in constitutional political economy, development economics, economic history, growth disasters, growth miracles, liberalism, Public Choice Tags: Africa, capitalism and freedom

https://twitter.com/MaxCRoser/status/660272779644805120

Chinese and Hong Kong fertility since the one child policy was adopted

01 Nov 2015 Leave a comment

by Jim Rose in development economics, growth disasters, growth miracles, Marxist economics, population economics Tags: China, economics of fertility, Hong Kong, one child policy, The fatal conceit, The pretense to knowledge

Hong Kong's fertility rate decreased simultaneously with China's, yet without force. https://t.co/E3xaErHxop pic.twitter.com/KwNN34qI4S

— Human Progress (@HumanProgress) October 30, 2015

The Chinese one-child policy resulted in a dangerous gender imbalance. https://t.co/VEvgqVAtd4 pic.twitter.com/0NMqdyoAlV

— Human Progress (@HumanProgress) October 29, 2015

The world’s most polluted cities

01 Nov 2015 Leave a comment

by Jim Rose in development economics, environmental economics, growth miracles, urban economics Tags: air pollution, indoor pollution

https://twitter.com/wef/status/655654641145876483/photo/1

Live map shows the air-pollution level in hundreds of cities around the world buff.ly/1LyAECb http://t.co/Y89ESUhmWI—
Business Insider (@businessinsider) October 18, 2015

Chinese and Indian real GDP PPP since 1980

31 Oct 2015 Leave a comment

by Jim Rose in development economics, economic history, growth miracles Tags: China, extreme poverty, India

Despite coming out of the blocks together, the Chinese economic miracle led to far larger increase in its respective real GDP PPP. Indian GDP only increased eightfold while Chinese GDP increased 18 fold since 1980 on a purchasing power parity basis.

Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/

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Utopia, you are standing in it!

@WorldBank wants to boost the agriculture sector!

Capitalism does this every day! What do @Oxfam and @Greenpeace do?

Facts about People Who Enjoy Eating Tasty Animals (PEETA)

Breathing Beijing’s air

The Great Fact in 2 charts

A power pole in India

@oxfamnz @GreenpeaceNZ get your ODA priorities straight

He who is first is now last: real GDP per capita of the East Asian Tigers since 1950

Robert Lucas on income redistribution and economic growth

Making one miracle: Philippine and South Korean real GDP per capita since 1950

Chinese birth and death rates and the Chinese population since 1950

#Africa is turning democratic

Chinese and Hong Kong fertility since the one child policy was adopted

The world’s most polluted cities

Chinese and Indian real GDP PPP since 1980

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