Economic Revisions Stir Debate in Nigeria and UK Growth Concerns

Explore Nigeria's controversial unemployment metric overhaul and its implications for economic policy. Meanwhile, the UK's modest GDP growth fails to uplift living standards, sparking calls for government action. Delve into China's economic 'growing pains' and the nuanced perspectives on its future. Plus, join a deep dive into tariffs with economist Dr. David Hebert at Kentucky Wesleyan College. This episode offers a comprehensive look at global economic shifts and their real-world impacts.

Sources:
https://african.business/2025/02/trade-investment/nigerias-revamp-of-economic-indicators-sparks-debate
https://www.theguardian.com/business/live/2025/feb/13/uk-gdp-economy-growth-stagnation-shrinking-recession-rachel-reeves-business-live
https://asia.nikkei.com/Opinion/China-s-economic-woes-are-merely-growing-pains
https://www.owensborotimes.com/news/2025/02/kentucky-wesleyan-college-to-host-economist-for-presentation-on-tariffs/

Outline:
(00:00:00) Introduction
(00:00:39) Nigeria's revamp of economic indicators sparks debate
(00:03:28) UK recession fears ease as economy returns to growth, but living standards fall
(00:06:06) China's economic woes are merely growing pains
(00:08:36) Kentucky Wesleyan College to host economist for presentation on tariffs