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Marshall Auerback on Greece, the Euro and Fiscal Policy
This entry was posted in Marshall Auerback, Uncategorized and tagged Marshall Auerback. Bookmark the permalink.
what is the incentive, if any, for a small European country, or any country for that matter, to join the EU and/or surrender its currency? I assume there is a benefit, and I would also assume there are plenty of European politicians, unlike Anglo-American leaders, who don't hold the neoliberal line and are perfectly willing to adopt a mixed market economy. I am referring to Serbia, which seems to be jumping through many hoops, like privatization, surrender of territory, and austerity, to become an EU member.