Greeceās Problem Is More Complicated than Austerity
Harvard Business Review
JULY 27, 2015
Besides the short-term costs of such a move, history shows us that Greece has never managed to benefit from currency devaluations. For a country that isn’t export-oriented, and whose major industry, tourism, relies on stability, having its own currency is not much of a solution to economic woes. Business as usual?
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