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  • 标题:VII. Macroeconomic debate: The true risk for Spain: Italianization
  • 作者:Boldrin, Michele
  • 期刊名称:BULLETIN OF EU AND US INFLATION AND MACROECONOMIC ANALYSIS
  • 出版年度:2010
  • 卷号:187
  • 期号:0
  • 页码:65-67
  • 出版社:Universidad Carlos III de Madrid
  • 摘要:The true historical risk is not Greece, but Italy. Greece is just the sort run risk. Should the government of Spain continue pretending it is seeking fiscal consolidation while it postpones reforms and plays games with the public budget, a bad financial markets shock may pull Spain into a Greek spiral, with a rising cost of financing and escalating debt/GDP ratios, anytime.
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