Global Economy Archive:

A wonderful (and quite detailed) visualization of the wide world business of sugar water. (via)

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Forget GDP, China now drinks more beer than either the US or Europe, and is growing by 10 percent a year.

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Data compiled by Angus Maddison, an economist who died earlier this year, suggest that China and India were the biggest economies in the world for almost all of the past 2000 years. Why they fell so far behind may be more of a mystery than why they are currently flourishing.

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(ps – the comments at the Economist are worth the read)

From the Guardian, as of August 13th.

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Animated timeline of BOE’s fan projections. I think they should have included some “shadow” of the earlier projections to illustrate just how far off they were. A longer time frame would have been nice to show whether they were as inaccurate during non-recession periods.

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Commodity prices are on the rise again. The Economist picked a pretty recent base year for this graph of wheat, orange juice, and coffee prices – a longer trend would have shown the big ups and downs of the past few years.

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From Dodd-Frank to Basel III, this graphic explains the current plans for global financial regulatory reform in advanced economies, from the US to the eurozone.

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(note: some FT items require a subscription – you can view up to 10 articles a month for free)

This is kind of a silly map considering only 7 of 91 banks failed. Related article.

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A very smooth interactive that allows you to compare the population composition of 8 countries over time. You can see some interesting trends by playing with the timeline control at the bottom — like watching the baby boom bulge move through the USA population then disappear, or the holes left in european age groups by WWII.

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Asia remains the cheapest place to enjoy a burger. China’s recent decision to increase the “flexibility” of the yuan has not made much difference yet. A Big Mac costs $1.95 in China at current exchange rates, against $3.73 in America. […] In other words the yuan is undervalued by 48%.

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I gave this map a bit of grief when I first posted about it, so it’s only fair that I point out that they now appear to be keeping it up to date, and annotating the analysis better. 

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An interactive from the Economist.

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Charts and data for 12 OECD countries.

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