Sovereign debt: a modern Greek tragedy
Fernando Martin and
Christopher Waller
Review, 2012, issue Sep, 340 pages
Abstract:
The authors of this article provide a general introduction to the concept of sovereign debt?including the seductive nature of borrowing and the strategies associated with default?before analyzing the current debt crises in Europe. They focus on Greece?s current woes but also discuss Portugal, Ireland, Italy, and Spain. The authors also discuss the environment in the United States, which has a high debt burden of its own, and present fiscal choices for policymakers and taxpayers.
Keywords: Greece; Debt (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
https://files.stlouisfed.org/files/htdocs/publicat ... 09/321-340Martin.pdf (application/pdf)
Related works:
Journal Article: Sovereign debt: a modern Greek tragedy (2011) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:y:2012:i:september:p:321-340:n:v.94no.5
Access Statistics for this article
Review is currently edited by Juan M. Sanchez
More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().