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Liquidate or liguefy? CEPS Commentary, 25 October 2010

Gros, Daniel. (2010) Liquidate or liguefy? CEPS Commentary, 25 October 2010. [Policy Paper]

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    Abstract

    In this CEPS Commentary, Daniel Gros seeks an alternative between indiscriminate liquidation, which contributed to the Great Depression in the US, and continuing liquefaction, which appears to be the official policy line in Europe today? In his view, the way out is controlled rescheduling and/or restructuring in order to avoid turning part of the euro periphery into 'zombie countries'.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 28 Oct 2010
    Page Range: p. 3
    Last Modified: 15 Feb 2011 18:37
    URI: http://aei.pitt.edu/id/eprint/15054

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