Make a graph showing GDP growth (trend) for the 5 countries. Comment on the development. particular...

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Make a graph showing GDP growth (trend) for the 5 countries. Comment on the development. particular around and after the financial crisis of XXXXXXXXXXRequest:Please when you answer the questioncomment on the financial crisis impact on gdp using macroeconomic theories. it should not just be a superficial description

Robert · Accepted Answer

Growth Rate of Gross Domestic Product per head
The Financial crisis of 2008 hit the world and drove away many countries into recession. The worst hit 
nations were United States and United Kingdom along with Sweden and Germany which are the main 
trading partners of Denmark. Among these five nations Denmark had the worst GDP growth rate during 
crisis. There appears to be a pattern among the nations growth rate. The nations that maintained high 
growth had the sharpest dip during crisis and recovered with a shot, but all the nations have gradually 
stabilized at near zero growth rates only.  
 It can be observed from the graph that among these major five nations, Sweden had the deepest 
decline in the GDP growth; it maintained a consistent positive growth rate (highest among the five 
countries) which declined sharply in 2008 and 2009; the Sweden economy had recovered till 2010 but 
gradually the impact of one shot rise dampened and has a declining growth rate and is unable to achieve 
a high growth rate as of pre-crisis level.

Make a graph showing GDP growth (trend) for the 5 countries. Comment on the development. particular around and after the financial crisis of XXXXXXXXXXRequest:Please when you answer the...

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