Chart of the Day: Bailouts Around the World

From BNP Paribas, a list of countries and the size of their bailout packages relative to GDP:

The above chart doesn't reflect measures taken by the Fed.

Bailout packages mostly involve either capital injections, guarantees on newly issued debt, or deposit guarantees. The following table shows which country uses which combination:
 

COUNTRY	CAPITAL INJECTION	DEBT GUARANTEE	DEPOSIT GUARANTEE*
Austria	x	x	x
Belgium	x	x	x
Denmark	x	x	x
Germany	x	x	x
Greece	x	x	x
Netherlands	x	x	x
UK	x	x	x
US	x	x	x
Cyprus	x		x
Luxembourg	x		x
Russia	x
Australia		x	x
France		x	x
Ireland		x	x
Italy		x	x
Portugal		x	x
Slovenia		x	x
Spain		x	x
Switzerland		x	x
South Korea		x
Bulgaria			x
Czech Repub.			x
Finland			x
Hungary			x
Lithuania			x
New Zealand			x
Poland			x
Romania			x
Slovak Repub.			x
Sweden			x

* Either expansion or introduction of deposit guarantee

Comments

[phdinsuntan...:]

“On average, the cost of government intervention in the financial crisis has been 16% of the GDP” IMF 2008
Zubin, good man, enjoy this:
Monetary Supply Rates
Selected Countries: July 2008
  M2/M1 M3/M1
US 554% 994%
Brazil 456% 930%
Republic of Korea 117% 721%
Australia 216% 463%
Singapore 442% 453%
Japan 190% 312%
EU 13 198% 234%
UK (EMU Data) 165% 195%
Poland 172% 175%
Switzerland 237% 144%
China & Hong Kong 285% NA
M3: US not official data

2008 Oct 23 05:40 PM

[Illusional ...:]

phdinsuntanning, could you show me where you found this data and what it means basically? I'm interested in know how the ratio will play out in current circumstances.

2008 Oct 23 07:30 PM

[1worldcurrency:]

Of course, GDP is a BS number which includes "consumer spending".

2008 Oct 23 07:44 PM

[User 265729:]

You might call it:

Around the World in 80 Bankruptcies

2008 Oct 23 10:52 PM

[User 265729:]

How's Nauru doing in all this? I mean, Fiji has a bottled water industry, but what about poor ol' Nauru? After the phosphate ran out they became an international banking center for Russian thugs until FinCEN and OECD blacklisted them...

Any news form the South Pacific?

2008 Oct 23 10:55 PM

[phdinsuntan...:]

illusionaldelution,
just go to bis.org and do your homework,
the ratio gives you an idea of how leveraged
the financial sector was in every economy,
and as we are going to deleverage
(M1 not too below M3).
M1 is growing and M3 is falling,
so the process can be quick...or not
happy?

2008 Oct 28 10:22 AM