18/03/2012:
Greece’s exit from the Eurozone would be all pain, no gain
In: Voxeu.org
With Greece in deep recession for the fifth year running, several prominent observers have been calling on it to exit the Eurozone. This column argues this would not help Greece’s economy recover faster from its deep recession. Greece will still be the most heavily regulated country in the OECD and returning to a drachma would only add to the debt burden...