The recession in 1990 lasted from July 1990 to March 1991. The OECD countries suffered recession in 1990. Among the 18 OECD members 17 had to go through the bitterness of recession. Italy, Greece, France, Ireland, Japan, Korea, Portugal were among those countries. The recession lasted for two years, but it paved way for most of the economical issues which all those countries face today.
This chart represents debt status in those countries impacted by the recession from the 1990 recession till 2012.
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