Rowman and Littlefield International

Greece in the Euro

Economic Delinquency or System Failure?

By Eleni Panagiotarea

Publication Date: Aug 2013

Pages 202

Paperback 9781907301537
£30.00 €41.00 $46.00
Greece banked on EMU. Entry into the eurozone was its ticket to macroeconomic stability, its modernisation jacket and its gateway to global markets. So how did such a promising start turn to dust so quickly? Was Greece the delinquent eurozone member whose fiscal downfall nearly brought down some of the world's strongest economies? Or was it the first victim of the euro's system failure? An original approach to understanding how national institutions affect economic performance, diluting and disrupting single currency pressures for convergence and adjustment.

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