Greek Sovereign Debt: Addressing Economic Distress and Growth in the Euro Area
Date
2018Source
Multinational Finace JournalVolume
22Issue
1/2Pages
1-33Google Scholar check
Metadata
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This article addresses certain key issues of the Greek sovereign debt crisis and its broader economic distress and growth implications for the Euro Area. It also offers a number of remedies, including growth indexed bonds, fiscal balances over the growth cycle, structural reforms, and the use of real option analysis in relevant public policy areas involving either inefficient or growth sectors of the economy.