A Tale of Two Depressions: June 2009 Update
By Barry Eichengreen* and Kevin H. O’Rourke*
June 30, 2009
June 30, 2009
Updated Figure 3. The Volume of World Trade, Now vs Then (updated)
Updated Figure 4. Central Bank Discount Rates, Now vs Then (7 country average)

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