Existing comment:
In any other context, even best-performing countries' growth would be seen as dismal
* Germany's economy grew at an average annual rate of just 0.8 percent from 2007 to 2015 adjusted for inflation.
* As bad as Japan in its great malaise from 2001-2010
* For the eurozone, GDP per working-age person has increased by just 0.6 percent during 2007-2015, while for non-eurozone European countries, there has been a 3.9 percent increase.
* By 2011, US growth in GDP per working-age population had largely returned to precrisis levels, the eurozone area's number was markedly below -- in fact, well below not only that of the United States but of the world and high-income countries. |