Country-level economic data are essential yet often highly uncertain. In April 2014, for example, the official size of Nigeria’s economy increased 89 percent overnight due to a “rebasing” of economic calculations. According to the International Business Times, “Most countries go through this [rebasing] process every five years or so, but Nigeria hasn’t done it since 1990, years before developments like …
This post is from GeoCurrents
GeoCurrents.info provides map-illustrated analyses of current events, delving into the often overlooked geographic and cultural contexts that shape these world developments. Led by Stanford University Senior Lecturer Martin W. Lewis and linguist Asya Pereltsvaig.