The Wall Street Journal
The divergent policy paths taken by the world's advanced economies provide lessons for global leaders navigating difficult post-crisis environments.
The US and UK appear to have gotten something right, while the eurozone and Japan have fumbled. Unemployment rates after the crisis peaked at 10 per cent in the US and 8.5 per cent in the UK, and are down to 5.8 per cent and 6 per cent, respectively. The eurozone rate has climbed in the past few years to 11.5 per cent, while Japan's economy has fallen back into recession.