The Greek Public Debt Problem. Levy Econmics Institute of Bard College. Michalis Nikiforos et al. May 2016.
The paper examines the issue of the Greek public debt from different perspectives. It provides a historical discussion of the accumulation of Greece’s public debt since the 1960s and the role of public debt in the recent crisis. A solution to the Greek public debt problem is a necessary but not sufficient condition for the solution of the Greek and wider European crisis. A broader agenda that deals with the malaises of the Greek economy and the structural imbalances of the eurozone is of vital importance. [Note: contains copyrighted material].
[PDF format, 31 pages, 522.1 KB].