Chang, Chia-Jen; Chung, Chia-Jung - In: International Journal of Research in Business and … 2 (2013) 4, pp. 37-48
The purpose of this article is that discuss the reasons of European debt crisis. Every European country adopts austerity policy, which cannot solve government debt problems and further lead to economic exacerbation and continuous recession, based on the neoclassical economic theory. In order to...