In 19 65, japan's economic growth was estimated at just over 91 billion dollars. 15 years later, it had soared to a record one point zero six five trillion dollars. But as economies grow, when they get richer and richer, they start to level off. This week we bring you our stat of the week: grac'e domestic product in the u k.
In this week's episode we're featuring a podcast produced by Intelligence Squared called 'It’s The Economy' in which host Nicola Walton breaks down the complex economic ideas we have all heard of but may not fully understand in under 15 minutes. In this episode Lord O’Donnell, a former Cabinet Secretary who headed the British Civil Service between 2005-2011 under Prime Ministers Tony Blair, Gordon Brown and David Cameron looks at economic growth, what counts as GDP and productivity, and whether national happiness and wellbeing are taken into account. Subscribe to It's The Economy at: https://pod.link/1577180549
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