Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.
Per capita economic growth has a little-known connection to the world’s hundreds of endangered languages that could become extinct.
In most of the world’s advanced economies, there are gains in certain areas and lagging regions elsewhere that create a disparity and less economic growth.
In many ways, a country can become good at football (soccer) and nurture a World Cup winner but it also could get snagged by the “middle income trap.”
China’s first three five-year plans had no mention of the environment. Then in plans five through nine, there was more. And now, looking at plans 11 to 13, we would see that 5% of all words relate to ecology, energy or the environment. Where are…