Table 7 Increasing Ratios of sovereign debts in the two crises
Regions | Mean of increasing in 2008-2009 | Median of increasing in 2008-2009 | Faster increasing in 2008–2009 than in 2006-2007 | Mean of increasing in 2010-2011 | Median of increasing in 2010-2011 | Faster increasing in 2010–2011 than in 2006-2007 |
|---|---|---|---|---|---|---|
Developed America | 6.7% | 6.7% | 100% | 10.2% | 10.2% | 100% |
Developed Europe | 8.7% | 8.3% | 88% | 8.5% | 7.6% | 94% |
Developed Asia | 12.8% | 8.7% | 60% | 19.4% | 8.4% | 80% |
Emerging America | 4.6% | 11.3% | 33% | 18.1% | 11.4% | 67% |
Emerging Europe | 9.7% | 10.8% | 100% | 31.6% | 28.6% | 100% |
Emerging Asia | 13.4% | 10.5% | 100% | 21.0% | 23.2% | 100% |
Developed Market | 9.4% | 8.7% | 83% | 11.0% | 8.4% | 91% |
Emerging Markets | 9.0% | 10.8% | 83% | 21.6% | 11.4% | 83% |
All | 9.0% | 9.4% | 81% | 14.4% | 10.6% | 89% |