BWriting the lyrics of the Bruno Mars hit "Just the Way You Are"
CAdoption of national austerity policies
DRescue work after the earthquake in Haiti
Correct Option: 3
Adoption of national austerity policies
American economists Carmen Reinhart and Kenneth Rogoff published a paper, "Growth in a Time of Debt", in 2010 arguing that "for levels of external debt in excess of 90 percent" GDP growth is "roughly cut in half". The evidence for the 90%-debt threshold hypothesis was used as support for governmental pro-austerity policies. Later research confirmed the basic premise that high levels of external debt affect GDP growth, but it revises the severity of the effect.