{"id":4915,"date":"2012-12-21T20:22:35","date_gmt":"2012-12-21T18:22:35","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=4915"},"modified":"2012-12-23T14:10:25","modified_gmt":"2012-12-23T12:10:25","slug":"why-is-the-greek-economy-collapsing-a-simple-tale-of-high-multipliers-and-low-exports","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/why-is-the-greek-economy-collapsing-a-simple-tale-of-high-multipliers-and-low-exports\/","title":{"rendered":"Why is the Greek economy collapsing? A simple tale of high multipliers and low exports"},"content":{"rendered":"<p>Alcidi, Cinzia\u00a0\u00a0Gros, Daniel.<\/p>\n<p>In an attempt to understand why the Greek economy is collapsing, this Commentary points out two key aspects that are often overlooked \u2013 the country\u2019s large multiplier and a bad export performance. When combined with the need for a large fiscal adjustment, these factors help explain how fiscal consolidation in Greece has been associated with such a large drop in GDP.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>CEPS<\/p>\n<p><a href=\"http:\/\/www.ceps.eu\/book\/why-greek-economy-collapsing-simple-tale-high-multipliers-and-low-exports\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alcidi, Cinzia\u00a0\u00a0Gros, Daniel. In an attempt to understand why the Greek economy is collapsing, this Commentary points out two key aspects that are often overlooked \u2013 the country\u2019s large multiplier and a bad export performance. When combined with the need for a large fiscal adjustment, these factors help explain how fiscal consolidation in Greece has [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,28,25],"class_list":["post-4915","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4915","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=4915"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4915\/revisions"}],"predecessor-version":[{"id":4926,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4915\/revisions\/4926"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=4915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=4915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=4915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}