Will Greece go Bankrupt and kill the euro?
نویسندگان
چکیده
This paper compares the benefits to Greece, Euro zone and rest of world arising from policies that prevent a Greek default exit with costs preventive policies. It concludes exceed costs, though unpredictable politics nationalist aspirations may adoption rational The also considers causes Greece’s problems: failure lenders ask for proper risk premium on country’s bonds; publication false economic data; credit rating agencies down-grade its global financial euphoria supply liquidity made disregard traditional standards in all their dealings. recommends ensure functioning markets future crises.
 Key words: Greece bankruptcy, survival, statistics, Credit ratings.
 JEL Classification: F33, F34, F36, F55, G15, G24.
 Resumen: Este artículo compara los beneficios con costes derivados del salvamento griego, llegando la conclusión de que superan claramente costes. También se analizan las causas problema, el papel sociedades y euforia previa especulativa, efectuán-dose unas consideraciones sobre futuro euro orden financiero internacional.
 Palabras clave: Bancarrota Griega, Euro, Estadísticas en Grecia, Clasificación JEL: G24.
منابع مشابه
Greece and the Euro
In the past several years, the main economic goal of the Greek government is to join the European Economic and Monetary Union (EMU) and adopt its single currency, the Euro. The present paper analyzes the economic costs and benefits associated with the achievement of this goal. First, using the theory of optimum currency areas and historical evidence, we address the question of whether Europe ca...
متن کاملA Firm Can Only Go Bankrupt Once
* Earlier versions of this paper have been presented at the Workshop " Organizational Encounters with Risk " at the London School of Economics (LSE) May 3-4, 2002 and the Risk Symposium " Formulating Policy to Deal with Contemporary Environmental Risks " at Ohio State University (OSU) on May 13, 2002. We appreciate the helpful comments by Jim Ament and Paul Kleindorfer as well as those particip...
متن کاملWill Reliability Kill the Web Service Composition?
Web service composition is a distributed model to construct new web service on top of existing primitive or other composite web services. The advantage of web service composition has already been demonstrated and highlighted for its capability to compose autonomous services to achieve new functionality. However, an important question is whether this distributed model will be realized or not, du...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Procesos de mercado
سال: 2021
ISSN: ['1697-6797']
DOI: https://doi.org/10.52195/pm.v10i1.203