The idea behind W-GDP is simple: When women are economically empowered, they reinvest that wealth in their families and communities. In 1600 Daily, what W-GDP has accomplished in one year:
National Australia Bank 1/3: We have lowered our previous GDP forecasts by around ½% in 2020 to around 1.5%, but boosted 2021 by around 0.3% to 2¾%. Through the year GDP is now put at 1.8% for 2020 and 2.7% for 2021.
What might be the economic knock-on effects be of the #coronavirus ? In a worst-case scenario, @TomBossert says, "if 16.3% of the world's GDP is tied to Chinese economic output & half of the Chinese economy for 6 months… is shut down… it might just end our boom cycle. " #ACChina
A record for Mr Morrison that would make Gough Whitlam blush. Mr Cormann confirmed net government debt hit $403 billion at end December 2019. Net government debt to GDP is estimated to exceed 20%, the highest since 1960 when govt was still reducing WW2 debt Don't mention the war
From the party that claims to be #ForThePeople : “GDP is great, unemployment is at an all-time low, African Americans are doing well, Hispanics are doing well, wages are rising at the fastest pace in ten years–BLAH, BLAH, BLAH.” – (h/t )