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Global Wealth Report
The 2023 UBS Global Wealth Report (GWR) was released on August 15th. Its principal authors include Jim Davies (UWO, Economics, Professor Emeritus), and three other academics in Sweden, the United Kingdom and Uruguay. The report analyzes trends in the levels and distribution of household wealth around the world. It shows that wealth per adult has grown, globally, at an average rate of 6.6% since the year 2000, although that growth has been a little slower since the global financial crisis in 2008. Wealth inequality for the world as a whole has fallen according to most measures this century, largely because of the rise of wealth in China and other emerging market countries. Details of methods and results for all countries are provided in the UBS Global Wealth Databook available at the GWR site.
2023 SSHRC Insight Development Grant Competition
Congratulations to Baxter Robinson for being a recipient of a SSHRC Insight Develpment Grant in support of his work on "Equity Markets and Aggregate Productivity".
CRSI Graduate Student Academic Project Competition
Congratulations to Evan Sauve, co-winner of the Western Centre for Research on Social Inequality (CRSI) Graduate Student Academic Project Competition focused on social inequality.
Congratulations to our Gold Medalists for 2022 - 2023
Chon Kei Chen (Honors Double Major in Economics, Adib Sedig (Honors Double Major in Finance and Economics), Robin Kovacs (Honors Specialization in Politics, Philosophy and Economics – Economics concentration) and Orlando Scarlett (Honors Specialization in Economics).
Economics Professor David Laidler featured in Globe and Mail article
Economics Professor Emeritus David Laidler speaks on how quantitative tightening by the Bank of Canada is an indication of an approaching steep downturn in the economy. The article goes on to discuss the shrinking supply of money and the central bank's need to reflect on its polices. To read the full article, visit The Globe and Mail (paywall).
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