What is the relationship among 2000-2008 annual increase in bank assets (% of GDP), bank assets 2008 and % debt-GDP ratio across countries? Do you agree that all countries should be categorized as a single group? Bank Assets (% of GDP) 2000-2008 Annual Increase Bank Assets 2008 % Debt-GDP Ratio 2008 Greece 36 % 173 % 109% Italy 85 % 235 % 102% Belgium 83 % 392 % 92% Portugal 44 % 262 % 72% Ireland 464 % 783 % 43% Spain 121 % 296 % 39%

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
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Problem 6SCQ: A booming economy can attract financial capital inflows, which promote further growth. However,...
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 What is the relationship among 2000-2008 annual increase in bank assets (% of GDP), bank assets 2008 and % debt-GDP ratio across countries? Do you agree that all countries should be categorized as a single group?

                                                 Bank Assets (% of GDP)
       2000-2008 Annual Increase  Bank Assets 2008 %  Debt-GDP Ratio 2008
Greece           36 %                             173 %                                          109%
Italy                85 %                            235 %                                           102%
Belgium         83 %                             392 %                                           92%
Portugal         44 %                             262 %                                           72%
Ireland          464 %                            783 %                                            43%
Spain            121 %                            296 %                                            39%

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