An Unblinking Glance at a National Catastrophe and the Potential Dissolution of the Eurozone: Greece’s Debt Crisis in Context
As default on the Greek debt looms on the horizon, and the repercussions are likely to resonate throughout Europe and into worldwide financial markets. But the potential national bankruptcy did not rise out of a vacuum, and analysts who have been observing Greek financial policy for decades are not surprised. In this PERI research brief, C.J. Polychroniou explores the history of Greece’s joining the Eurozone, and examines the factors—economic, political, and social—that have led to this moment of crisis.
Year of publication: |
2011
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Authors: | Polychroniou, C.J. |
Institutions: | Political Economy Research Institute (PERI), University of Massachusetts-Amherst |
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