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The Pitfalls of External Dependence: Greece, 1829-2015

Two centuries of Greek debt crises highlight the pitfalls of relying on external financing. Since its independence in 1829, the Greek government has defaulted four times on its external creditors—with striking historical parallels. Each crisis is preceded by a period of heavy borrowing from... Full description

1st Person: REINHART, CARMEN M.
Additional Persons: TREBESCH, CHRISTOPH verfasserin
Source: in Brookings papers on economic activity : BPEA (10.2015), p. 307-328
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Type of Publication: Article
Language: English
Published: 2015
Keywords: research-article
Online: Volltext
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