Doomen, Jasper (2012) Control over state properties by countries that provide financial aid would incentivize southern European economies to repay their loans. LSE European Politics and Policy (EUROPP) Blog (16 Jul 2012) Blog Entry.
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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:||Website (Blog Entry)|
|Additional Information:||© 2012 The Author|
|Library of Congress subject classification:||H Social Sciences > HC Economic History and Conditions
J Political Science > JN Political institutions (Europe)
|Journal of Economic Literature Classification System:||F - International Economics > F3 - International Finance > F34 - International Lending and Debt Problems|
|Sets:||Departments > Government
Collections > Economists Online
Collections > LSE European Politics and Policy (EUROPP) Blog
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