Influential economic study on austerity may be flawed
"...researchers at the University of Massachusetts at Amherst, in a new study, say that the average real growth rate for countries with a public debt to GDP ratio of more than 90 percent "is actually 2.2 percent, not minus 0.1 percent as published in Reinhart and Rogoff."
link-
http://www.reuters.com/article/2013/04/16/us-global-economy-debt-idUSBRE93F16C20130416