Skaperdas, Stergios - Department of Economics, University of California-Irvine - 2011
In Greece and other countries of the eurozone there are a number of misconceptions about the debt crisis. I argue … effects of an exit from the eurozone, the bargaining power of the Greek government in its negotiations with the EU …/ECB/IMF troika, and others. Default and exit from the eurozone appears to be the most viable alternative in the long run; such a move …