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In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both … by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive …
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Argentina and Greece -- A genealogy of holdout creditors : the future of sovereign debt restructuring. …
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Against the backdrop of the Greek three-act tragedy, we present a theoretical framework for studying Greece’s recent … debt and currency crisis. The model is built on two essential blocks: first, erratic macroeconomic policymaking in Greece … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area …
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