This paper examines the contagion of the eurozone debt crisis to developed and emerging stock markets around the world … eurozone debt crisis, this paper finds strong and pervasive evidence of negative contagion from the crisis countries to other … crisis. The Asian markets do not show pervasive evidence of contagion from the eurozone crisis …

No. The infamous bailout loans granted by Europe and the IMF to Greece since 2010 did not create austerity in the … country. We use official statistics to show that government spending and deficits did generally not go down in the bailout … period versus other previous periods in “modern” Greece (using data as far back as 1980, just as it was ready to join the …