//
you're reading...
debt, Europe, Italy

The eurozone economy with and without PIGS / L’eurozona con e senza i PIGS

Stefano Fugazzi (ABC Economics) – The following 5 tables take a snapshot of the eurozone’s key macroeconomic indicators since the year 2000 where the black line shows the performance for the single currency area as a whole and the red line the trend excluding the peripheral member states. The reader will notice the effects of the so-called Frenkel Cycle – please refer to the first stages of the model – on the eurozone’s economy with the peripheral members playing a significant role in the GDP and residential & commercial boom prior to the bust of the subprime bubble in 2007-08.

***

I cinque grafici riportati di seguito mostrano i principali indicatori macro dell’area euro a partire dall’anno 2000 (cfr. linea nera). La linea rossa denota la performance dell’area monetaria escludendo gli “stati periferici”, ossia quei paesi maggiormente colpiti dalla crisi. Si nota come – per effetto delle fasi iniziali del ciclo di Frenkel – il PIL (GDP) e i comparti immobiliari residenziali (residential) e non residenziali (commercial real estate) dell’area periferica abbiano inizialmente “trainato” l’eurozona negli anni precedenti al crack del 2007-2008.

Infographics by / Analisi infografica a cura di Stefano Fugazzi (ABC Economics)

E1

E2

E3

E4

E5

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

acquista ABC ITALIA, edizione 2016

Click here to download “Brexit?”, Fugazzi’s new book on the EU Referendum

ABC Economipedia, 2nd edition now out!

London One Radio

PIL – Professionisti Italiani a Londra

%d bloggers like this: