
Crecimiento Económico
The relationship between trade and GDP? It's complicated
Earlier this week, the World Trade Organisation published its latest trade statistics and outlook – and was in pessimistic mode:
Earlier this week, the World Trade Organisation published its latest trade statistics and outlook – and was in pessimistic mode:
When looking at how economies are doing, we tend to look mainly at the trend in GDP. But in terms of economic well-being, a clearer (though still imperfect) indicator is GDP per head of p...