I was on UN business in Korea this week, but on Friday, I took a day off to fly to Osaka and meet with friends Junko Edahiro and Riichiro Oda, at a hotel near Osaka’s Kansai airport. I wanted to find out how they were doing, and how the country was doing, since the last … Continue reading “San-ten-ichi-ichi” — what March 11 means to Japan (so far)
Social and Economic Systems
Watching Egypt 1 – Private Worries, Public Hopes
It was a relief to finally hear my client's voice on the phone. She was a bit breathless, but not sounding in distress. She had been out food shopping by taxi just that afternoon (this was Monday, 31 January), able to find what she needed, "though many people are just buying up whatever they can … Continue reading Watching Egypt 1 – Private Worries, Public Hopes
What is the GDP, Anyway?
As the world spins deeper into economic recession (is anyone formally using the word "depression" yet?), it seems appropriate to take a look at the number by which we measure such things: the Gross Domestic Product, or GDP. This mega-statistic is the indicator used by countries since WWII to measure their growth, and is by … Continue reading What is the GDP, Anyway?