{"id":3962,"date":"2012-06-13T00:36:36","date_gmt":"2012-06-12T22:36:36","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3962"},"modified":"2012-06-13T00:46:40","modified_gmt":"2012-06-12T22:46:40","slug":"lessons-from-latvia","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/lessons-from-latvia\/","title":{"rendered":"Lessons from Latvia"},"content":{"rendered":"<p><a href=\"http:\/\/blog-imfdirect.imf.org\/bloggers\/olivier-blanchard\/\" target=\"_blank\">Blanchard, Olivier<\/a>.<\/p>\n<p>In 2008, Latvia was widely seen as an economic \u201cbasket case,\u201d a textbook example of a boom turned to bust.<\/p>\n<p>From 2005 to 2007, average annual growth had exceeded 10%, the current account deficit had increased to more than 20% of GDP.\u00a0 By early 2008 however, the boom had come to an end, and, by the end of 2008, output was down by 10% from its peak, the fiscal deficit was shooting up, capital was leaving the country, and reserves were rapidly decreasing.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>iMFdirect<\/p>\n<p><a href=\"http:\/\/blog-imfdirect.imf.org\/2012\/06\/11\/lessons-from-latvia\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blanchard, Olivier. In 2008, Latvia was widely seen as an economic \u201cbasket case,\u201d a textbook example of a boom turned to bust. From 2005 to 2007, average annual growth had exceeded 10%, the current account deficit had increased to more than 20% of GDP.\u00a0 By early 2008 however, the boom had come to an end, [&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":[26,27],"class_list":["post-3962","post","type-post","status-publish","format-standard","hentry","category-18","category-39","tag-26","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3962","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=3962"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3962\/revisions"}],"predecessor-version":[{"id":3968,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3962\/revisions\/3968"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}