The Track Record for Austerity in the Euro Crisis Countries

The NYT decided to survey what people in the other crisis countries think about the situation in Greece. The general theme appears to be that we toughed it out, now Greece should too. It would have been useful to include a bit of data on where these countries stand now. Per capita income and employment are all well below their pre-crisis level in all four countries mentioned.

This table compares the I.M.F.'s projections for per capita GDP and employment in 2015 with the 2007 level in each of...

 •  0 comments  •  flag
Share on Twitter
Published on June 19, 2015 04:20
No comments have been added yet.


Dean Baker's Blog

Dean Baker
Dean Baker isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow Dean Baker's blog with rss.