Celebrating humanity's flourishing through the spread of capitalism and the rule of law
24 Feb 2016 Leave a comment
in economic growth, economic history, Euro crisis, fiscal policy, macroeconomics, public economics Tags: Greece, growth of government, Italy, Portugal, size of government, Spain
I do not think any of these countries have governments who can really handle managing half of national income on a regular basis. The Italian, and I assume Greek GDPs at least are topped up quite considerably to take account of their underground economies. The top up for Italy is 20%.
Data extracted on 23 Feb 2016 07:45 UTC (GMT) from OECD.Stat.
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