Introduction An interesting paper “The big European sort? The diverging fortunes of Europe’s regions” has been published by the Centre for European Reform (CER). Such papers are of great interest at PP. The paper analyses regional productivity. As a single metric productivity is one of the best, but as Charles Adams says, in order to… Read more
Category:
Inequality
Regional inequality: the utility of many metrics
To measure – political success or anything else – we need to choose the right metrics. It is widely recognised that GDP per capita or average income is not necessarily that useful. A point that must be repeated over and over is that when in comes to wealth and income, it is not the crude average… Read more