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Author Archive | Costas Lapavitsas

“Progressive Exit” from the Eurozone

The crisis facing the eurozone looks at first sight as German efficiency clashing with Portuguese, Irish, Greek and Spanish sloppiness.  But in many respects Germany has performed worse than the “peripheral” countries in the last decade.  The largest economy of the eurozone has been marked by slow growth, poor domestic demand, weak investment, high unemployment, […]

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