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Notes: <sup>a</sup>Emerging Europe here includes the Baltics (Estonia, Latvia, and Lithuania) and central and eastern Europe (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia). <sup>b</sup>Purchasing-power-parity-based per capita GDP relative to the euro area.Sources: IMF, International Financial Statistics and World Economic Outlook databases, and IMF staff estimates. From: In search of a smoking gun: macroeconomic policies and the crisis Oxf Rev Econ Policy. 2009;25(4): doi: /oxrep/grp037 Oxf Rev Econ Policy | © The Authors Published by Oxford University Press. For permissions please University Press 1
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