{"id":2956,"date":"2011-11-16T16:05:20","date_gmt":"2011-11-16T14:05:20","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=2956"},"modified":"2011-11-16T16:05:20","modified_gmt":"2011-11-16T14:05:20","slug":"delivering-growth-while-reducing-deficits-lessons-from-the-1930s","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/delivering-growth-while-reducing-deficits-lessons-from-the-1930s\/","title":{"rendered":"Delivering growth while reducing deficits: lessons from the 1930s"},"content":{"rendered":"<p>Crafts, Nicolas.<\/p>\n<p>Conditions in the 1930s were very similar to those found today: interest rates were already low, the government deficit needed to come down, and the world economy was in disarray. Yet the UK economy grew by almost 20 per cent between 1933 and 1937.\u00a0This success was built on the government announcing that prices would rise and interest rates would remain low, which gave consumers and firms confidence to borrow and spend. This in turn stimulated the economy.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>CentreForum<\/p>\n<p><a href=\"http:\/\/centreforum.org\/assets\/pubs\/delivering-growth-while-reducing-deficits.pdf\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crafts, Nicolas. Conditions in the 1930s were very similar to those found today: interest rates were already low, the government deficit needed to come down, and the world economy was in disarray. Yet the UK economy grew by almost 20 per cent between 1933 and 1937.\u00a0This success was built on the government announcing that prices [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,35],"tags":[28,25],"class_list":["post-2956","post","type-post","status-publish","format-standard","hentry","category-19","category-35","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2956","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=2956"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2956\/revisions"}],"predecessor-version":[{"id":2957,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2956\/revisions\/2957"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=2956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=2956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=2956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}