HKS Affiliated Authors


How Many European Recessions? Jeffrey Frankel, July 17, 2013, Opinion. "The release of revised GDP data by the United Kingdom’s Office for National Statistics in late June seemed like an occasion for cheer, because growth had not quite been negative for two consecutive quarters in the winter of 2011-12, as previously thought. The point, as it was reported, is that a second UK recession following the global financial crisis in 2008 (a “double dip”) had now been erased from the history books, and that the Conservative government would take some satisfaction from this fact. But it should not. The right question is not whether there have been..." Link verified March 28, 2014