Sunday, 22 March 2015

Give Greece a chance

Greece's Alexis Tsipras has embarked on a European tour to win support for his economic agenda. European leaders should engage constructively with his proposals. There are many good economic arguments for Tsipras plans but the main reason to make concessions to Greece is a lesson from the politics of the Great Depression. When the Great Depression hit the industrialised world in the late 1920s a series of dramatic economic policy misjudgments made the crisis worse. However, the fact that economic troubles let to political collapse in Germany but not in other countries was more to do with politics than with economics...

Read the full piece in the Huffington Post

No comments:

Post a Comment