{"id":3431,"date":"2012-02-02T18:41:13","date_gmt":"2012-02-02T16:41:13","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3431"},"modified":"2012-02-02T18:41:13","modified_gmt":"2012-02-02T16:41:13","slug":"fiscal-adjustment-too-much-of-a-good-thing","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/fiscal-adjustment-too-much-of-a-good-thing\/","title":{"rendered":"Fiscal Adjustment: Too Much of a Good Thing?"},"content":{"rendered":"<p><a href=\"http:\/\/blog-imfdirect.imf.org\/bloggers\/carlo-cottarelli\/\" target=\"_blank\">Cottarelli, Carlo<\/a>.<\/p>\n<p>The IMF has argued for some time that the very high public debt ratios in many advanced economies should be brought down to safer levels through a gradual and steady process. Doing either too little or too much both involve risks: not enough fiscal adjustment could lead to a loss of market confidence and a fiscal crisis, potentially killing growth; but too much adjustment will hurt growth directly.\u00a0<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>iMFdirect<\/p>\n<p><a href=\"http:\/\/blog-imfdirect.imf.org\/2012\/01\/29\/fiscal-adjustment-too-much-of-a-good-thing\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cottarelli, Carlo. The IMF has argued for some time that the very high public debt ratios in many advanced economies should be brought down to safer levels through a gradual and steady process. Doing either too little or too much both involve risks: not enough fiscal adjustment could lead to a loss of market confidence [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39],"tags":[28,25],"class_list":["post-3431","post","type-post","status-publish","format-standard","hentry","category-18","category-39","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3431","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=3431"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3431\/revisions"}],"predecessor-version":[{"id":3432,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3431\/revisions\/3432"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}