User:Nick Gardner /Sandbox: Difference between revisions

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s demonstrated in my recent book with Carmen Reinhart  This Time is Different: Eight Centuries of Financial Folly , Greece has been in default roughly one out of every two years since it first gained independence in the nineteenth century.
http://www.project-syndicate.org/commentary/rogoff65/English
[[/Addendum#  |in ]]
[[/Addendum#  |in ]]
[http://www.ifs.org.uk/bns/bn87.pdf]
[http://www.ifs.org.uk/bns/bn87.pdf]
[http://www.ifs.org.uk/bns/bn87.pdf. Robert Chote et al: ''Britain's Fiscal Squeeze, the Choices Ahead'', IFS Briefing Note BN87, September 2009]
[http://www.ifs.org.uk/bns/bn87.pdf. Robert Chote et al: ''Britain's Fiscal Squeeze, the Choices Ahead'', IFS Briefing Note BN87, September 2009]

Revision as of 03:00, 13 April 2010

s demonstrated in my recent book with Carmen Reinhart This Time is Different: Eight Centuries of Financial Folly , Greece has been in default roughly one out of every two years since it first gained independence in the nineteenth century.

http://www.project-syndicate.org/commentary/rogoff65/English

in


[1] Robert Chote et al: Britain's Fiscal Squeeze, the Choices Ahead, IFS Briefing Note BN87, September 2009

[1]


2009 2010
2007 2008 2009   Q1    Q2    Q3    Q4    Q1    Q2    Q3    Q4 
GDP (% change on previous period)

Household Debt

(percentage of GDP}
1997 2007
The United States 68 95
The United Kingdom 75 105
The Eurozone 42 60
(Source: approximate transcription from the Turner Report [2])


The growth of financial assets

(Financial assets as a percentage of GDP)
1995 2005
The United States 303 405
The United Kingdom 278 359
The Eurozone 180 303
(Source: Martin Wolf: Fixing Global Finance, page 11, Yale University Press, 2009. )