Although its heyday as the world’s most advanced civilization has long since passed, Greece once again has the potential to influence the rest of the world. Unfortunately, its most famous export, democracy, has been replaced with a far less desirable commodity—debt. That Greece with a population of a mere 11 million and a GDP of $300 billion (only 2% of the Eurozone economies) can create systemic risk for the world speaks volumes about the downside of global interdependence.
History Rhymes in the Greek Debt Crisis
Although its heyday as the world’s most advanced civilization has long since passed, Greece once again has the potential to influence the rest of the world. Unfortunately, its most famous export, democracy, has been replaced with a far less desirable commodity—debt. That Greece with a population of a mere 11 million and a GDP of […]
May 24, 2012
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HBR Learning
Finance Essentials Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.