The World Economy Shifts Eastward

By |2011-03-30T12:28:33+00:00March 30th, 2011|Comments Off on The World Economy Shifts Eastward

Great article on the NY Times Online….

William Easterly points us to a provocative new paper by Danny Quah on how the center of the world economy is shifting eastward.

Professor Quah, an economist at the London School of Economics, has calculated “the average location of economic activity across geographies on Earth” through the last few decades, and found that it has been moving further east:

rest of article HERE.

http://economix.blogs.nytimes.com/2011/03/24/the-world-economy-shifts-eastward/?hp

About the Author: