One Chart to Rule Rule Them All
Stephen Sexauer Inflation Expectations, Implications, and Policy Response in a New Paradigm for Commodities. Paris, 21March 2016
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Stephen Sexauer Global Interdependence Center Paris, 21 March 2016
US Log of Real Per Capita GDP
10.8
1890 to 2015 slope is 2.0%
10.3
9.8
9.3
8.8
8.3
1880
1905
1930
1955
1980
2005
Bureau of Census. Department of Congress. Bureau of Economic Analysis 3
Stephen Sexauer Global Interdependence Center Paris, 21 March 2016
South Korea log GDP per person employed slope 1980-2015: 4.3% 11.5
2011 PPP
11.3 11.1Board TEDI. Calculations, Stephen Sexauer Source: Conference 10.9
2000 to 2015 slope is 2.6% p.a.
10.7
1980 to 1999 slope is 5.6%
10.5 10.3 10.1
9.9 9.7 9.5
South Korea Employment 28,000 26,000 24,000 22,000
20,000 18,000 16,000 14,000 12,000 1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Source: Conference Board TEDI data. Calculations: Stephen Sexauer
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Stephen Sexauer Global Interdependence Center Paris, 21 March 2016
Brazil log GDP per person employed slope 1980-2015: 0.63% 2011 PPP
10.4
2000 to 2015 Slope is 1.09%
10.3
Source: Conference Board TEDI. Calculations, Stephen Sexauer 10.2
10.1
10.0
1990 to 1999 Slope is 0.28% 9.9
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
1984
1983
1982
1981
1980
9.8
Brazil Employment 110,000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Source: Conference Board TEDI data. Calculations: Stephen Sexauer
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Stephen Sexauer Global Interdependence Center Paris, 21 March 2016
Italy log GDP per person employed slope 1980-2015: 0.80% 2011 PPP 11.50 11.45
Source: Conference Board TEDI. Calculations, Stephen Sexauer 11.40 11.35
2000 to 2015 Slope is -0.46% per year
11.30 11.25 11.20
1980 to 1999 Slope is 1.76%
11.15 11.10 11.05
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
1984
1983
1982
1981
1980
11.00
Italy Employment 26,000 25,000 24,000 23,000 22,000 21,000 20,000 1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Source: Conference Board TEDI data. Calculations: Stephen Sexauer
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Stephen Sexauer Global Interdependence Center Paris, 21 March 2016
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Stephen Sexauer Global Interdependence Center Paris, 21 March 2016