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From the OECD. Here are a few articles that explore the EU's approach on sovereign debt crisis. One is form 2011, and the other is from 2012. The 2012 article d
by dpflan 11y ago
From the OECD. Here are a few articles that explore the EU's approach on sovereign debt crisis. One is form 2011, and the other is from 2012. The 2012 article discusses the "Greece Problem":
The „Greece problem‟ needs to be resolved once and for all
with a 50% (or larger) haircut on its sovereign debt and
necessary ancillary policies, so that its chances
or remaining in the euro improve. (2012)
1. 2011 - http://www.oecd.org/finance/financial-markets/49191980.pdf http://www.oecd.org/finance/financial-markets/49191980.pdf
2. 2012 - http://www.oecd.org/finance/financial-markets/49481502.pdf http://www.oecd.org/finance/financial-markets/49481502.pdf
3. Greece @ OECD.org: https://data.oecd.org/greece.htm https://data.oecd.org/greece.htm
- dimitar 11y agoI'm actually surprised that the OECD has said that. Similar research has been published by the IMF as well. So these organizations have experts and yet spokesmen and officials give the opposite advice of what they tell them. Good thing they have transparency at least.
- rhodri 11y agoIndeed – illustrates very clearly how governments, institutions and corporations aren't the unified hierarchies they present themselves as, and instead can be many-headed organisms pursuing sometimes contradictory aims. Compare to Samsung and Google suing each other for patent infringement while operating a revenue-share scheme on ad profits.
- TheMagicHorsey 11y agoI don't think Samsung and Google have sued each other for patent infringement. I could be mistaken. Do you have a source? I believe you meant to say Samsung and Apple perhaps?