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Four Lessons from the Greek sovereign debt crisis

Author

Listed:
  • Co-Pierre Georg
  • Hylton Hollander
  • Michael E. Rose

Abstract

Over the past five years the Greek economy has steadily deteriorated to three quarters of its size. Arguably, the inability of Greece to endure the global financial crisis had its roots in an unsustainable fiscal path and a shallow economic system. We study the Greek case to draw some important lessons for South Africa. While […]

Suggested Citation

  • Co-Pierre Georg & Hylton Hollander & Michael E. Rose, 2015. "Four Lessons from the Greek sovereign debt crisis," Working Papers 34, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:34
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/research_brief_34.pdf
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    More about this item

    Keywords

    advanced economies; Education;

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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