HKS Affiliated Authors

Ford Foundation Professor of International Political Economy

Excerpt

Europe’s Way Out. Dani Rodrik. June 12, 2013. Opinion. "It seems that austerity is out of fashion in the eurozone – at least for the moment. The European Commission has given Spain, France, and the Netherlands more time to comply with the European Union’s 3%-of-GDP deficit ceiling. Even German government officials now concede that something more than fiscal belt-tightening is needed to revive the economies of the eurozone periphery..." Link v