Mapping World Remittances

Posted by John Lampard on Wednesday, 7 May, 2008 to the comment subset

Mapping World Remittances
A map showing the flow of “remittances” in and out of countries worldwide as a percentage of GDP.
The money that immigrant workers send home - known as remittances - plays a large role in the economies of developing nations, with more than $240 billion sent and received in 2007.

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Grossly distorted picture

Posted by John Lampard on Monday, 17 March, 2008 to the comment subset

Grossly distorted picture
If you’ve never understood economists, then this article in last week’s edition of, ahem, The Economist, will probably do little to change that.
Focusing on GDP per person also affects comparisons of economic health over time. During the past five years, world GDP has grown by an average of 4.5% a year, its fastest [...]

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