FT chief economic commentator Martin Wolf draws attention to the work of Barry Eichengreen of the University of California at Berkeley and Kevin O’Rourke of Trinity College, Dublin, in his Wednesday column.

The work presents a “then and now” analysis by comparing the current global recession from April 2008 onwards and that of the Great Depression to June 1929. In short, the charts provide sobering reading and are worth reprising in their own right (H/T Carlomagno for directing readers this way a few days ago).

Here’s a taster, but do click through to the main paper to see all the charts with commentary.

Related links:
A Tale of Two Depressions – VoxEu.org
Then and now datapoints - FT Alphaville

This entry was posted by Izabella Kaminska on Wednesday, June 17th, 2009 at 8:18 and is filed under Capital markets, People. Tagged with Depression, gdp, Industrial output, Recession. Edit this entry.