Why the Greek economy is failing – Whiteboard Friday

Gareth MorganEconomics

Will Greece stay in the Euro? Will Europe write off Greece’s debts? These questions are ultimately political ones and will be answered around the negotiating table in coming days. This week’s Whiteboard Friday drills down behind the politics to look at the economic issues that have contributed to Greece’s woes. We look at why has Greece run up so much debt, and why is it harder for them to adjust while they stay in the Euro.

Why the Greek economy is failing – Whiteboard Friday was last modified: September 5th, 2016 by Gareth Morgan
About the Author

Gareth Morgan

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Gareth Morgan is a New Zealand economist and commentator on public policy who in previous lives has been in business as an economic consultant, funds manager, and professional company director. He is also a motorcycle adventurer and philanthropist. Gareth and his wife Joanne have a charitable foundation, the Morgan Foundation, which has three main stands of philanthropic endeavour – public interest research, conservation and social investment.