The paper argues that the Greek debt crisis, as well as those of other Southern European countries and Ireland, has to …

net external debt levels. In Spain and Portugal, cost competitiveness relative to the rest of the euro area would need to … improve by about 30%, and by more than twice that in Greece. In peripheral countries, a combination of structural reforms to … structurels à des balances compatibles avec des niveaux durables de dette extérieure nette. L’Espagne et le Portugal …

Portugal, Ireland, Italy, Greece and Spain over the last 30 years. The criteria used for investigating convergence are β …This paper investigates unconditional convergence of major economic variables across the Euro-zone member states of … inflation rate, and the wages inflation rate converge across the five Euro-zone member states. The findings show that the speed …

loss of confidence. Early mistakes over Greece fed contagion throughout the euro-zone. No institution acted as neutral …This article compares today's euro-zone debt crisis, in terms of economic diplomacy, with the earlier crisis in Latin … total failure to reconcile tensions in the euro-zone crisis. Growing imbalances between debtors and creditors led to serious …

. I use a dynamic general equilibrium closed economy model to compute the dynamic Laffer Curves for Portugal, Ireland …, Greece and Spain for different class of taxes. The general equilibrium effects of the interaction of labor tax, consumption …