Image for Reinhart-Rogoff (Carmen Reinhart & Kenneth Rogoff)

Reinhart-Rogoff (Carmen Reinhart & Kenneth Rogoff)

Reinhart and Rogoff are economists known for their research on government debt and economic growth. They found that when a country's debt exceeds about 90% of its gross domestic product (GDP), economic growth tends to slow significantly. Their work suggested high debt levels could hinder economic recovery and stability. This idea influenced fiscal policies worldwide, prompting governments to be cautious about accumulating excessive debt. However, their findings also faced criticism and debate, highlighting the complexity of economic relationships and the importance of context in interpreting data.