zimbabweland

I ended last week’s blog with a call for the rejection of the economics of the mainstream. Last week the Greek people voted resoundingly against the conditions of austerity imposed by creditors. Democracy spoke loudly with the ‘no’ vote in the referendum, and it was the younger generation who came in behind Prime Minister Alexis Tsipras. Yet in a rollercoaster week the Syriza government reversed its principled rejection of the measures, and proposed a draconian if pragmatic alternative. This in turn was rejected by hardliners in Europe, isolating Greece and forcing a ‘deal’ (see #Thisisacoup). Some have asked what can Africa learn from Greece?; in this blog I argue that Greece (and others) can learn a lot from African experience.

Debt is on the rise again not just in Greece, but across the world. A decline in commodity prices with a strengthening of the US dollar makes debt unsustainable…

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One thought on “What if Greece was in Africa?

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