CEPR paper sketches ‘radical, realistic’ Greek reform plan

The Bank of Greece
Bank of Greece
Photo: Daniel Hinge

Rethinking the way Greece’s debts are paid could make for a more realistic route out of the economy’s depression while satisfying all sides in the negotiations, according to a “Policy Insight” paper published by the Centre for Economic Policy Research (CEPR).

Jeremy Bulow of Stanford Business School and John Geanakoplos of Yale University propose two “radical, realistic reforms” that could make Greek debt repayments more sustainable.

The first idea is to tie debt repayments to government

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: