Wednesday, 7 December 2011

Australia really is a lucky country


Australian GDP grows better than expected in September quarter

A roundup of the news about gross domestic product from throughout the world, And before we start, the 2001 Nobel laureate in economics and the former chairman of the Council of Economic Advisers during the Clinton administration and the former chief economist of the World Bank on what GDP is about
  1. Professor Joseph E. Stiglitz
  2. Stiglitz: Time to Rethink Fixation on GDP?
  3. Nice 1% Aust GDP rise in Q3. Way better than US & EU. Saving rate high. Very lopsided to mining inv & doesn't alter need for lower cash rate
  4. GDP an exceptional result, Swan says fb.me/1jegmlFA3
  5. The man is everywhere!
  6. All Ords up 30pts. $A rises on strong GDP and eurozone hopes; Fosters chief set to resign. AUD trading at $US1.03
  7. All Ords up 30pts. $A rises on strong GDP and eurozone hopes; Fosters chief set to resign. AUD trading at $US1.03
  8. And how it is in other places
  9. China
  10. Chinese academy of social sciences forecasts 2012 GDP up 8.9%: CPI up 4.6%. bit.ly/swMzqC
  11. Barclays cuts China 2012 GDP forecast to 8.1% - HONG KONG (MarketWatch) -- Barclays Capital on Wednesday cut China's...ow.ly/1g29gR
  12. We love the smell of Beijing's air in the morning. Smells like... GDP growth.
  13. Brazil
  14. Brazil’s GDP growth stalls: Brazil’s economy stalled in the third quarter of this year, demonstrating the vulner...on.ft.com/uPR8Q3
  15. Thailand
  16. Commerce Minister Kittirat sees Thai GDP growth of about 7% next year as govt rebuild flood-hit country
  17. Africa
  18. In Malawi income that is acquired through corruption amounts to about 5% of GDP while tax evasion is estimated to equa …lnkd.in/FnncbX
  19. RT @TraceAdjoa: The cellphone explosion in Africa contributes $56 billion to the economy, or 3.5% of GDP bit.ly/uAWiPG#seeafrcadifferently
  20. Vietnam
  21. Vietnam's per capita income to top $1,300: Vietnam's gross domestic product (GDP) this year is expected to reach...bit.ly/u5wuoo
  22. And Spqin
  23. Following a moderate GDP expansion in 2011, RGE expects Spain to remain mired in recession throughout 2012 and 2013bit.ly/rFu8V6
  24. Putting GDP into perspective

  25. G.D.P. Doesn’t Measure Happiness - NYTimes.com j.mp/tkvJda(via Instapaper)
  26. The amount spent by the fossil fuel lobby to pollute climate debate > The GDP of the 50 smallest states combined. -- Kumi Naidoo #COP17
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