Nikiforos, Michalis; Papadimitriou, Dimitri Basil; … - 2016
of the accumulation of Greece's public debt since the 1960s and the role of public debt in the recent crisis. We show … that the austerity imposed since 2010 has been unsuccessful in stabilizing the debt while at the same time taking a heavy … toll on the Greek economy and society. The experience of the last six years shows that the country's public debt is clearly …