L’indice de Proust : sous l’effet de la crise, les économies développées ont reculé d’une décade

The Proust index - Advanced economies have gone backwards by a decade as a result of the crisis

[The Economist]

NOW almost five years old, the economic crisis rumbles on. In order to assess how much economic progress it has undone, The Economist has constructed a measure of lost time for hard-hit countries. It shows that Greece’s economic clock has been turned back furthest: it has been rewound by over 12 years. Elsewhere in the euro area, Ireland, Italy, Portugal and Spain have lost seven years or more.
Britain, the first country forced to rescue a credit-crunched bank, has lost eight years. America, where the trouble started, has lost ten (see left-hand chart).
Lire : economist.com