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The austerity debate is beside the point for Europe. CEPS Commentary, 8 May 2013

Gros, Daniel. (2013) The austerity debate is beside the point for Europe. CEPS Commentary, 8 May 2013. [Policy Paper]

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    Abstract

    In surveying the heated debate in the eurozone about austerity and the cost of high public debt, this CEPS Commentary suggests that the influential paper by Carmen Reinhard and Kenneth Rogoff misses the key point that public debt owed to foreigners is different from debt owed to residents.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    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 May 2013 13:57
    Number of Pages: 3
    Last Modified: 12 May 2013 13:57
    URI: http://aei.pitt.edu/id/eprint/42069

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