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\nDoes China Lie About Its Economic Statistics?\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nOver the past 30 years China has experienced perhaps the most impressive economic growth of any country in history. But these impressive growth numbers all come from official government statistics bureaus. How much can we trust the...\nOver the past 30 years China has experienced perhaps the most impressive economic growth of any country in history. But these impressive growth numbers all come from official government statistics bureaus. How much can we trust the official statistics? 0:00 - 2:22 Intro 2:23 - 3:09 Morning Brew 3:10 - 6:12 Precision versus accuracy 6:13 - 7:14 China's data collection problems 7:15 - 8:40 Measurement difficulty 8:41 - 10:49 Cooking the books 10:50 - 12:35 Alternative data 12:36 - 16:15 Limitations of alternative data 16:16 Economics explained national leaderboard\n
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Resource Details

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Educator Rating
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Media Length
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18:25
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2022
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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economics, china, governments
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economics explained, china economy, economy of china, positive image, wrong impression, international organizations, living standards, dart board, total output, economic output, gdp estimates, heavy industry, large part, chinese government, fun theory, largest economy, national economy, economic figures, official figures, gdp figures, important part, electricity consumption, data collected, light output, data points, output, estimates, important, points, theory, lights, people
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