Contents
OTHER ECONOMIST BOOKS
Guide to Analysing Companies
Guide to Business Modelling
Guide to Business Planning
Guide to the European Union
Guide to Financial Management
Guide to Financial Markets
Guide to Hedge Funds
Guide to Investment Strategy
Guide to Management Ideas and Gurus
Guide to Organisation Design
Guide to Project Management
Guide to Supply Chain Management
Numbers Guide
Style Guide
Book of Obituaries
Brands and Branding
Business Consulting
Buying Professional Services
The City
Coaching and Mentoring
Corporate Culture
Dealing with Financial Risk
Doing Business in China
Economics
Emerging Markets
The Future of Technology
Headhunters and How to Use Them
Mapping the Markets
Marketing
Successful Strategy Execution
The World of Business
Board Directors: an AZ Guide
Economics: an AZ Guide
Investment: an AZ Guide
Negotiation: an AZ Guide
Pocket World in Figures
Copyright 2011 by The Economist Newspaper Ltd. All rights reserved.
Text Copyright 2011 by Richard Stutely. All rights reserved.
Diagrams and Extracts 2011 by The Economist Newspaper Ltd. All rights reserved.
Additional research Lisa Davies, James Fransham, Carol Howard, David McKelvey, Jane Shaw, Christopher Wilson.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
Published in Great Britain and the rest of the world by Profile Books Ltd
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the Web at www.copyright.com . Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions .
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
If the book title or subtitle includes trademarks/registered trademarks (Microsoft, for example) that require a statement on the copyright page, please add here.
For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.
Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. For more information about Wiley products, visit our web site at www.wiley.com .
ISBN 978-1-576-60367-3
List of tables
World output and trade |
Euro area countries |
OPEC crude oil production and prices |
US GDP |
Chaining index numbers |
When did inflation fall? |
Choosing the period for comparison |
Annualised and doubling rates |
Analysing seasonal and erratic influences |
Nominal GDP |
GDP per head |
Five world cycles |
Dominant sectors |
Productivity |
Implied peaks and troughs in GDP |
Population |
Labour force |
Total employment |
Unemployment |
General government spending |
General government budget balances |
Personal income, outlays and savings in the United States |
Consumer spending |
Investment and savings |
Real fixed investment |
Savings ratios |
Output by sector |
Motor vehicle markets |
Exports of goods and services |
Imports of goods and services |
Trade and current-account balances |
External debt |
Exchange rates |
Currencies in the SDR |
SDR exchange rates |
Permanent conversion rates against euro area currencies |
Effective exchange rates |
Real effective exchange rates |
Money supply |
Comparative interest rates |
Benchmark yields |
Yields |
Real yields |
Share prices |
Comparative inflation rates |
The world oil market |
Producer prices (manufacturing) |
Hourly earnings in manufacturing |
Unit labour costs in the whole economy |
Consumer prices |
Consumer spending deflators |
GDP deflators |
List of charts
Industrial countries GDP |
Index numbers: illusory convergence |
GDP per sector |
Domestic spending |
Trade in goods and services |
US trends and cycles |
Total GDP |
GDP per head |
GDP growth |
Growth in the labour force |
Employment |
Unemployment |
General government spending |
Budget balances |
Net public debt |
Consumer spending |
Growth in current consumer spending |
Net household savings |
Real fixed investment |
Growth in real fixed investment |
Gross national savings |
Structure of production and sources of growth |
Industrial production |
Manufacturing sector |
Exports of goods and services |
Growth in exports of goods and services |
Imports of goods and services |
Growth in imports of goods and services |
Current-account balances |
Exchange rates |
Effective exchange rates |
Real effective exchange rates |
Short-term interest rates |
Short-term interest rates, 2008 |
Inflation in industrial countries |
The Economist commodity price indicator |
Changes in producer prices |
Compensation per employee in the business sector |