National income has fallen again. Gross Domestic Product (GDP) fell by 2.5% in real terms in 2023-24, following a 5% drop the ...
John Hawkins has been an economic analyst and forecaster in the Reserve Bank of Australia and the Australian Treasury. Australia’s economy edged closer back towards normal in the three months to March ...
The fast-growing national debt is on pace to reduce the growth in American households' incomes in the decades ahead if the debt isn't stabilized, according to a new report. An analysis by the ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous ...
In 2022, 22.6% of the national income went to the top 1% of Indians. Cut to 1951, their share in the income was only 11.5% and even lower in the 1980s — just before India opened up its economy — at 6% ...
Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Yarilet Perez is an experienced multimedia journalist and fact-checker with a ...