China’s “Real” GDP Growth

Northern Trust
Door augustus 20, 2019 12:46

China’s “Real” GDP Growth

“Politicians use statistics in the same way that a drunk uses lamp posts—for support rather than illumination.”

As Scottish poet Andrew Lang reminds us, statistics should be read critically. The assembly of economic results is constrained by data limitations, distorted by methodology changes and spun for political purposes. Despite these inherent flaws, it is foundational for making decisions, assessing progress and comparing outcomes across countries. The onus is on every nation to provide the most accurate data possible. 

Northern Trust
Door augustus 20, 2019 12:46

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