Doomen, Jasper (2012) Control over state properties by countries that providefinancial aid would incentivize southern European economiesto repay their loans. LSE European Politics and Policy (EUROPP) Blog (16 Jul 2012). Website.
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Abstract
The Eurozone’s northern leaders face a dilemma – imposing further austerity on the stricken southern economies, such as Spain, Greece and Italy may have severe consequences for the richer north, but every concession made erodes their credibility. Jasper Doomen argues for an alternative: Countries that provide financial aid to the stricken southern European economies should be given control over state properties if the borrowers do not repay their loans. This would reverse the current power relationship and encourage the countries of the south to work on improving their economies.Chris Gilson and Stuart A Brown take a look at the week in Brussels blogging.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/europpblog/ |
| Additional Information: | © 2012 The Author |
| Divisions: | Government |
| Subjects: | H Social Sciences > HC Economic History and Conditions J Political Science > JN Political institutions (Europe) |
| JEL classification: | F - International Economics > F3 - International Finance > F34 - International Lending and Debt Problems |
| Date Deposited: | 19 Sep 2012 11:45 |
| Last Modified: | 13 Sep 2024 18:08 |
| URI: | http://eprints.lse.ac.uk/id/eprint/46130 |
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