Saving the Eurozone: Is a ‘Real’ Marshall Plan the Answer?
Posted on July 04, 2012 at 13:09 PM EDT
Renewed calls are being made for a Marshall Plan for Greece. Yet this column argues that few people seem to understand what the Marshall Plan actually was. It suggests that repeating the 1940s’ recipe would mean a ‘structural adjustment programme’ targeting supply-side reforms and, as such, would probably appeal to Greeks even less than it [...]