World current world economic recession map

World economic map, summer 2009 (source: dismal.com).

I found several interesting economic charts, thanks to Prieur Du Plessis site.

In this interactive map, you will see the current economic situation of each country and continent all over the world. You know that I usually talk about the bright economic future of the Asian continent and, the serious and huge imbalances in the U.S. and Europe.

In the color map you Hill see where is the countries in red, with severe recessions and which are orange and green. Only some American and African countries in addition to the Asian continent, escaping from the strong Western crisis. Surely, Africa and Latin America because their financial and credit system was not yet sufficiently developed to give loans for families and businesses everywhere. Thanks to its financial lag, its debt to GDP is low, so it’s crisis is much softer.

World exports by countries (jul-09).