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The Global Debt Minotaur: An Analysis Of The Greek Financial Crisis, Steven Alfonso Panageotou

Masters Theses

Since November 2009, Greece has been mired in financial crisis with little indication that it will be solved in the near future. Research and media accounts have faulted Greece for sowing the seeds of its own financial crisis through fiscal mismanagement extending back to the 1980’s. Successive Greek governments have been criticized for racking up an unsustainable amount of foreign debt. Due to the prevalence of such accounts, European officials and Greek politicians have adopted a nationally oriented strategy to resolve the current crisis. This strategy means that the brunt of the reform effort falls on Greece to neoliberalize its …