The financial crisis of 07/08 was made worst because of the extremely high level of household borrowing. And it is safe to conclude that, high level of household debt remains one of the key causes of prolonged recessions and also a slow recovery thereafter.
How to best capture, assess or measure the overall economic activities of a modern nation state is an extremely challenging and complex task. The way, we assess and estimate economic data needs an update, as the existing tools aren’t able to capture the full picture,creating gaps. Also, what specific set of economic data is more […]