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A tale of two defaults. CEPS Commentary, 12 July 2011

Gros, Daniel. (2011) A tale of two defaults. CEPS Commentary, 12 July 2011. [Policy Paper]

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    Abstract

    In this Commentary, CEPS Director compares the developments in Greece today with those that took place in Argentina in the decade leading up to its messy default in 2001-02, following its decision a decade earlier to peg its currency to the dollar. He sadly concludes that the Greek experience – so far, at least – looks like a replay of the Argentine drama.

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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 11:20
    Number of Pages: 2
    Last Modified: 12 Jul 2011 11:20
    URI: http://aei.pitt.edu/id/eprint/32164

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