Author (Person) | Gros, Daniel |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS Commentary |
Series Details | 16 August 2013 |
Publication Date | 16/08/2013 |
Content Type | Journal | Series | Blog |
Abstract: In this Commentary Daniel Gros argues that austerity has been unavoidably associated with a high cost in terms of a long recession and high unemployment. But the main aim was achieved as the peripheral euro area countries have now reached a sustainable external position. |
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Source Link | Link to Main Source http://aei.pitt.edu/43183/1/DG_Has_austerity_failed.pdf |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |