CIAO DATE: 11/2009

Leaders and laggards, on the way down and up

October 2009

Oxford Economics

Abstract

With the economies of most countries having passed their troughs, it is a good time to take stock of some of the main features of the crisis so far and to assess what the upturn may look like. In this article, we look back at how the different countries have fared in this crisis and how monetary and fiscal authorities have responded to the crisis. We then turn to the nascent recovery to compare and contrast the upturn across countries. Finally, we highlight some of the main legacies of this crisis.

Resource link: Leaders and laggards, on the way down and up [PDF] - 99K