Aizenman, Joshua; Hutchison, Michael; Jinjarak, Yothin - 2011
, focusing in particular on the five countries in the South-West Eurozone Periphery (Greece, Ireland, Italy, Portugal, and Spain … period, especially in 2010 when the sovereign debt crisis swept over the periphery area. We match the periphery group with … space to deteriorate markedly and posing a high risk of debt restructuring. Adjustment challenges of the Eurozone periphery …