CEU Electronic Theses and Dissertations, 2011
| Author | Jaworski, Emily |
|---|---|
| Title | The Causes of Crisis: Greek Indiscipline Versus The Perils of Monetary Union |
| Summary | The Greek Debt Crisis and the prospects of both sovereign default and contagion to other troubled Eurozone economies are quite sobering, especially in the wake of the recent global recession. One bailout to Greece has already been orchestrated, with the likelihood of others to follow, proving to be extremely costly both politically and economically. The objective of this paper is to determine the various causes of the Greek crisis from three levels of analysis: the micro-level of the Greek state; the embeddedness level of Greece into the Economic and Monetary Union (EMU); and lastly the overarching structure of the EMU. Each level will provide a unique window into the causes of crisis, where the multifaceted nature of the causes will be explored. Drawing on relevant literature, economic data, reports, and media, this thesis attempts to answer the question “Why Greece?,” in hopes to outline a case study of warning to other troubled states. |
| Supervisor | Julius Horvath |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2011/jaworski_emily.pdf |
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