Wednesday, June 30, 2004

More economy stuff

The IMF seems to have revised its Purchashing Power Parity data for national economies, with the consequence that on that measure the UK has not been the 4th largest economy in the world in the last 30 years. However (particularly given the huge margin for error in these statistics) it does essentially have an economy the same size as France, something it didn't have in the 1980s.