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Beyond Debt - The Greek Crisis in Context (Paperback)
Loot Price: R302
Discovery Miles 3 020
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Beyond Debt - The Greek Crisis in Context (Paperback)
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Loot Price R302
Discovery Miles 3 020
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How did Greece, with less than 3% of the population of the European
Union, become the epicenter of Europe's "existential crisis?" Why
did Greece opt for an obligation-laden bailout rather default or
leave the Eurozone, as many said it should? Could it have avoided
the disappointments that followed, including needing a second
bailout, holding repeat elections, and swearing in its fourth prime
minister in a year? The conventional narrative answered these
questions by viewing the Greek crisis as the result of a "flawed
currency union." Many economists, moreover, thought Greece was
foolish to seek a bailout rather than renege on its debts or leave
the Eurozone. And as the crisis deepened, economists again blamed
the international community for pushing "austerity" onto Greece.
Beyond Debt offers a different account of this crisis. It sees it,
first and foremost, as a Greek crisis, best understood through the
lens of Greek history, politics and economics. The crisis was
triggered by global events, but it was not caused by them. As the
book shows, Greece's chosen path-a bailout-made infinitely more
sense than either a default or the abandonment of the common
currency that many economists called for. And while others see
"austerity" as the problem for Greece's woes after the bailout,
Beyond Debt blames instead an indecisive government that could not
see reform through to the end.
General
Imprint: |
Createspace Independent Publishing Platform
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Country of origin: |
United States |
Release date: |
March 2013 |
First published: |
March 2013 |
Authors: |
Nikos Tsafos
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Dimensions: |
203 x 133 x 9mm (L x W x T) |
Format: |
Paperback - Trade
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Pages: |
168 |
ISBN-13: |
978-1-4791-4076-3 |
Categories: |
Books >
Social sciences >
Politics & government >
General
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LSN: |
1-4791-4076-7 |
Barcode: |
9781479140763 |
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