Tag Archives: Financial Systems

Why “Austerity” Failed in Greece: Testing the Validity of Macro-Economic Models

Author(s):Frederick Betz, Elias Carayannis ABSTRACT During the Euro Crisis which began in 2009 and is still continuing in 2015, Greece provided an interesting case of an empirical test of some macro-economic theories—particularly the theory underpinning the European Union (EU) policy … Continue reading

Posted in ME | Tagged , , , | 5 Comments