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| In defense of CMReinhart & KS Rogoff |
«Over the past two centuries, debt in excess of 90 percent has typically been associated with mean [small] growth of 1,7 percent versus 3,7 percent when debt is low (under 30 percent of GDP).» Carmen M. Reinhart and Kenneth S. Rogoff, 'Growth in a time of debt', American Economic Review: Papers and Procedings, May 2010, vol. 100, nº2, 575 (573-578).
