Lessons Learned from the Greek Financial Crisis

Lessons Learned from The Greek Financial Crisis offers a wholistic analysis of factors that caused the Greek economic meltdown. The book explains potential types of crisis the world might experience if economists and policymakers fail to exploit knowledge from past economic crises and cautiously apply country-specific strategies capable of safeguarding against currency crisis and sudden stop, among others. The book also examines the impact of liberalism on international trade, national security and foreign direct investment (FDI), including the impact on crisis, their depth and frequency. Fundamentally, the primer provides a comprehensive report on how financial globalization causes trade imbalance and economic crises in both developed and developing countries. The main focus is on Greece¿s response to the global crisis at a time when citizens and foreign investors lost faith in its weak socio-cultural, political and economic systems.