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A Tale of Two Depressions: June 2009 Update
By Barry Eichengreen* and Kevin H. O’Rourke*
June 30, 2009

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Updated Figure 3. The Volume of World Trade, Now vs Then (updated)

Volume of World Trade

Updated Figure 4. Central Bank Discount Rates, Now vs Then (7 country average)

Central Bank Discount Rates


New Figure 5. Industrial output, four big Europeans, then and now

4 Europeans
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