{"id":5109,"date":"2013-02-15T17:32:09","date_gmt":"2013-02-15T15:32:09","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=5109"},"modified":"2013-02-21T09:11:49","modified_gmt":"2013-02-21T07:11:49","slug":"can-europe-recover-without-credit","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/can-europe-recover-without-credit\/","title":{"rendered":"Can Europe recover without credit?"},"content":{"rendered":"<p><a href=\"\/scholars\/scholar-detail\/scholar\/19-zsolt-darvas\/\">Darvas, Zsolt<\/a>.<\/p>\n<p>Data from 135 countries covering five decades suggests that creditless recoveries, in which the stock of real credit does not return to the pre-crisis level for three years after the GDP trough, are not rare and are characterised by remarkable real GDP growth rates: 4.7 percent per year in middle-income countries and 3.2 percent per year in high-income countries.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Bruegel<\/p>\n<p><a href=\"http:\/\/www.bruegel.org\/publications\/publication-detail\/publication\/770-can-europe-recover-without-credit\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Darvas, Zsolt. Data from 135 countries covering five decades suggests that creditless recoveries, in which the stock of real credit does not return to the pre-crisis level for three years after the GDP trough, are not rare and are characterised by remarkable real GDP growth rates: 4.7 percent per year in middle-income countries and 3.2 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37,4],"tags":[26,27],"class_list":["post-5109","post","type-post","status-publish","format-standard","hentry","category-18","category-37","category-proposals","tag-26","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5109","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=5109"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5109\/revisions"}],"predecessor-version":[{"id":5123,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5109\/revisions\/5123"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=5109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=5109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=5109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}