Euro Crises and Euro Scams: Trade not Debt and Deficits Tell the Tale
(2014)
Journal Article
Weeks, J. (2014). Euro Crises and Euro Scams: Trade not Debt and Deficits Tell the Tale. Review of Political Economy, 26(2), 171-189. https://doi.org/10.1080/09538259.2014.881009
The euro crisis has been typically presented as excessive fiscal deficits leading to the accumulation of unsustainable public debts. This debt and deficit diagnosis applied most notably in Greece and Italy, but also in Portugal and Spain (the ‘PIGS’)... Read More about Euro Crises and Euro Scams: Trade not Debt and Deficits Tell the Tale.