The Proust index

摘要

Now almost five years old, the eco nomic crisis rumbles on. In order to as sess 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 re wound 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.