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Comment on “From Austerity to Growth in Europe: Some Lessons from Latin America” by Stephany Griffith-Jones

In: Life After Debt

Author

Listed:
  • Hernán D. Seoane

Abstract

This comment highlights the main findings in Griffith-Jones (2012) and discusses some of its main results. Griffith-Jones (2012) represents a major contribution, not only to the understanding of the current European crisis, but also by suggesting specific country-level and pan-European measures that can lead to growth recovery. This paper starts by studying the common features between the Latin American crisis during the 1980s and 1990s with the current debt crisis affecting several European economies. It then proposes a battery of macroeconomic policies at a pan-European level and at a national level to ameliorate the impact of the crisis and to boost the recovery and growth perspectives.

Suggested Citation

  • Hernán D. Seoane, 2014. "Comment on “From Austerity to Growth in Europe: Some Lessons from Latin America” by Stephany Griffith-Jones," International Economic Association Series, in: Joseph E. Stiglitz & Daniel Heymann (ed.), Life After Debt, chapter 3, pages 171-176, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-41148-8_9
    DOI: 10.1057/9781137411488_9
    as

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