{"id":3802,"date":"2012-04-24T15:01:33","date_gmt":"2012-04-24T13:01:33","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3802"},"modified":"2012-04-24T15:01:33","modified_gmt":"2012-04-24T13:01:33","slug":"is-high-public-debt-harmful-for-economic-growth","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/is-high-public-debt-harmful-for-economic-growth\/","title":{"rendered":"Is high public debt harmful for economic growth?"},"content":{"rendered":"<p><a href=\"http:\/\/voxeu.org\/index.php?q=node\/4607\" target=\"_blank\">Panizza, Ugo<\/a>,\u00a0<a href=\"http:\/\/voxeu.org\/index.php?q=node\/5821\" target=\"_blank\">Presbitero, Andrea<\/a>.\u00a0<\/p>\n<p>Countries with high public debt tend to grow slowly \u2013 a correlation often used to justify austerity. This column presents new evidence challenging this view. The authors point out that correlation does not imply causality \u2013 it may be that slow growth causes high debt. They argue that policymakers should be wary \u2013 the case for cutting debt to boost growth still needs to be made.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Voxeu<\/p>\n<p><a href=\"http:\/\/voxeu.org\/index.php?q=node\/7900\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panizza, Ugo,\u00a0Presbitero, Andrea.\u00a0 Countries with high public debt tend to grow slowly \u2013 a correlation often used to justify austerity. This column presents new evidence challenging this view. The authors point out that correlation does not imply causality \u2013 it may be that slow growth causes high debt. They argue that policymakers should be wary [&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-3802","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\/3802","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=3802"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3802\/revisions"}],"predecessor-version":[{"id":3804,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3802\/revisions\/3804"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}