Market and PPP measures of GDP

In comments on the previous post, Ian Castles AO, the former Australian Statistician, notes that the World Bank and IMF create confusion in their reports by mixed use of market-exchange-rate (MER) and purchasing-power-parity (PPP) bases for estimating output and growth. Simply, using market exchange rates to compare the value of output among countries over-estimates the size…

Agriculture in the AUSFTA

Eonomic integration of Pacific Islands

But this anxiety and pessimism is misplaced:

Will the G-20 save Doha?

It's not a problem of mendacity or lack of 'political courage'. There is simply no consensus on the liberalizing mandate of Doha among this group; we've tested that proposition to exhaustion in the past eight years. The G20 is effectively the same group that has been managing the WTO negotiations since early 2004, when the negotiations…

Elaborating the Ag. travesty

According to a report* from ITCSD, developing countries and the EU want to further slow the pace of change where opening markets for products such as sugar, cut flowers, vegetable oils, fruits and juices might threaten some highly profitable deals between of a small group of EU importers and developing country exporters. So much for the…