{"id":16637,"date":"2024-04-08T14:07:05","date_gmt":"2024-04-08T11:07:05","guid":{"rendered":"https:\/\/www.poleconomix.gr\/portal\/?p=16637"},"modified":"2024-04-08T14:07:05","modified_gmt":"2024-04-08T11:07:05","slug":"sustained-debt-reduction-the-jamaica-exception","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/sustained-debt-reduction-the-jamaica-exception\/","title":{"rendered":"Sustained debt reduction: The Jamaica exception"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.brookings.edu\/people\/serkan-arslanalp\/\"><\/a><\/p>\n\n\n\n<p>Serkan Arslanal, Barry Eichengreen, Peter Blair Henry<\/p>\n\n\n\n<p>At a time when many countries, large and small, are confronting heavy and growing public debt burdens, Jamaica offers a rare example of a country that succeeded in substantially reducing its debt, according to a paper discussed at the Brookings Papers on Economic Activity (BPEA) conference on March 28.<\/p>\n\n\n\n<p>Jamaica cut its debt, as a percentage of its gross domestic product (GDP), in half\u2014from 144% in 2012 to just 72% in 2023, according to the paper\u2014\u201dSustained Debt Reduction: The Jamaica Exception.\u201d And the International Monetary Fund (IMF) expects Jamaica\u2019s debt ratio to decline still further, to less than 60%, by 2028.<\/p>\n\n\n\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>www.brookings.edu<\/p>\n\n\n\n<p><a href=\"https:\/\/www.brookings.edu\/articles\/sustained-debt-reduction-the-jamaica-exception\/\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Serkan Arslanal, Barry Eichengreen, Peter Blair Henry At a time when many countries, large and small, are confronting heavy and growing public debt burdens, Jamaica offers a rare example of a country that succeeded in substantially reducing its debt, according to a paper discussed at the Brookings Papers on Economic Activity (BPEA) conference on March [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,34,4],"tags":[],"class_list":["post-16637","post","type-post","status-publish","format-standard","hentry","category-19","category-34","category-proposals"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/16637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=16637"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/16637\/revisions"}],"predecessor-version":[{"id":16638,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/16637\/revisions\/16638"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=16637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=16637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=16637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}