Greece, Ireland, Portugal, and Spain entered a period of severe economic and financial stress in the aftermath of the 2008 crisis. Their collective experience confirmed the primacy of total debt, private or public, in affecting the onset of, depth of, and recovery from economic crises. The year 2010 and the years following have demonstrated the ways in which policy responses to crisis-related downturns must be adapted when major international partners...
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INFORMATION
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2016/11/02
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Document de travail de recherche sur les politiques
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WPS7877
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1
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1
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2016/11/02
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Disclosed
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Growth recovery in southern Europe : a dozen lessons, old and new
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fiscal