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PrintApril 13, 2010
Graph of the Day for April 13, 2010
"We examine the experience of forty four countries spanning up to two centuries of data on central government debt, inflation and growth. Our main finding is that across both advanced countries and emerging markets, high debt/GDP levels (90 percent and above) are associated with notably lower growth outcomes." Carmen M. Reinhart and Kenneth S. Rogoff.
Source: Carmen M. Reinhart and Kenneth S. Rogoff, via The Wall Street Journal.
Hoven's Index for April 13, 2010
US debt/GDP ratio in 2009: 84%
Source: Carmen M. Reinhart and Kenneth S. Rogoff, via The Wall Street Journal.
Graph of the Day Archive.
