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Hans-Werner Sinn thinks that it is time for Europe’s peripheral countries to shrink their nominal GDP to regain competitiveness
07/01/11
Hans-Werner Sinn points out in his latest article that it is time to face the fact that Europe’s peripheral countries have to shrink their nominal GDP to regain competitiveness:
Project Syndicate: Farewell to the Euro?, June 30, 2011
He is again heavily debated by Karl Whelan:
Professor Sinn Doubles Down, by Karl Whelan, June 30, 2011
Keywords: European Crisis, European Periphery, Greek Crisis
Related:
MarketObservation: More from Hans-Werner Sinn about capital flows within the Eurozone, June 25, 2011
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