Greece's 'odious' debt : the looting of the Hellenic republic by the Euro, the political elite and the investment community / by Jason Manolopoulos.

Format:

Book

Author/Creator:

Manolopoulos, Jason.

Language:

English

Subjects (All):

Financial crises--Greece.

Financial crises.

Debts, External--Greece.

Debts, External.

Euro--Greece.

Euro.

Finance--Greece.

Finance.

Greece.

European Union.

Physical Description:

xv, 287 pages : illustrations, map ; 22 cm

Place of Publication:

London ; New York : Anthem Press, 2011.

Summary:

This timely volume on the history, politics and psychology underpinning the current Greek economic crisis examines the effects of mismanagement, wishful thinking and graft at institutional, national and EU levels and applies the lens of behavioral economics to provide a concise overview of the current situation and asks hard questions about who is responsible and what can be done. Manolopoulos, an emerging markets hedge fund manager, goes so far as to suggest that perhaps the debts of this era, in Greece and other nations around the EU, may in fact be odious debts, incurred by corrupt and malfeasant political elites, with no benefit to citizens, that should be dishonored rather than shouldered by marginalized citizens. Distributed by Books International, Inc. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)

Contents:

From Buenos Aires to Athens

Getting lucky

The euro: hard sell, or mis-sell?

Western branding, eastern legacy: a country on a fault line

The looting of Greece: scandals, corruption and a monstrous public sector

Getting unlucky : it all begins to unravel

The euro in practice

Liquidity boom

The entertainers

An unaffordable bail-out? A crisis made worse by satisficing

The man in the arena.

Notes:

Includes bibliographical references and index.

ISBN:

9780857287717

0857287710

OCLC:

671700335