We considered all episodes in which gross public debt rose above a certain threshold (we used a number of them) and looked at the real GDP growth per capita over the subsequent 1, 5, 10, and 15 years.

Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...

How many of these 74 episodes can be regarded as truly successful? Although it is hard to give a precise definition of success in consolidating an overextended fiscal position, a reasonable indication ...

Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...