This is how much the great recession has hurt the world’s economy
June 22, 2014
Look at the Spring 2008 World Economic Outlook of the IMF, which projected real GDP (pdf) for advanced countries, and compare it with the actual path. A huge shortfall. Writes economist Paul Krugman:
“The crisis, and the poor macroeconomic management that followed, have done incredible damage.”
Posted in: Infographic of the day