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History repeating itself: from the Argentine default to the Greek tragedy? CEPS Commentary, 1 July 2011

Alcidi, Cinzia. and Giovannini, Alessandra and Gros, Daniel. (2011) History repeating itself: from the Argentine default to the Greek tragedy? CEPS Commentary, 1 July 2011. [Policy Paper]

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    Abstract

    Since the onset of the debt crisis in late 2009, the comparisons between Greece and Argentina have multiplied, with an emphasis more on the similarities than the differences. This is not surprising given the stunning parallels. This Commentary draws a systematic comparison between the two countries over the decade before the crisis and the management of the crisis. Overall it suggests that there may be little left for Greece to do to avoid a repeat of the Argentine default, but on a larger scale.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Greece
    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: 12 Jul 2011 10:39
    Number of Pages: 9
    Last Modified: 12 Jul 2011 10:39
    URI: http://aei.pitt.edu/id/eprint/32159

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