Authors:

  • Kenneth Rogoff

Excerpt

Lessons from Greece and Other Unsuccessful Bailouts. Kenneth Rogoff, July 2, 2015, Opinion. "As the Greek crisis evolves, it is important to understand that a successful structural adjustment programme requires strong country ownership. Even if negotiators overcome the most recent sticking points, it will be difficult to trust in their implementation if the Greek people remain unconvinced. That has certainly been the experience so far..." Link