China's Economy is 60% Smaller Than You Think https://www.youtube.com/watch?v=A5A5Eu0ra3I Money & Macro Oct 27, 2022
How Much Should We Trust the Dictator’s GDP Estimates? https://ostromworkshop.indiana.edu/pdf/piep2018/martinez-paper.pdf The findings in this paper are a warning sign for academics, policy-makers and other agents that make regular use of official economic statistics from weak and non-democracies.
The increased manipulation of GDP figures that I uncover in weak and non-democracies is not easily anticipated or corrected. The autocracy gradient in the night-lights elasticity of GDP is not explained by variation in publicly- vailable measures of corruption and does not disappear as GDP data gets revised over time
Can China still become the world’s largest economy? | Business Beyond https://www.youtube.com/watch?v=maH4gy3tpiIcJan 18, 2023 #china #boom #economy
China managed the fastest sustained growth of any major economy ever recorded - catapulting it to second place behind the United States.
But today, its GDP growth is at near-historic lows. For the first time in two decades, its output fell behind that of the rest of Asia. Analysts believe that even the end of Zero Covid won’t signal the revival of Chinese economic growth as we know it.
In this video, we look at the economic headwinds the country is facing - and what they mean for Beijing’s race to becoming the world’s biggest economy.