In The News
December 03, 2011
In "Greece's Unpleasant Arithmetic: Containing the Threat to the Global Economy," Milken Institute economists explore how a country that accounts for less than one fifth of one percent of the world population, and less than half of one percent of global GDP, has the potential to trigger a global recession. Despite its tiny size, Greece is edging ever closer to severely disrupting global financial and economic markets, unless decisive corrective action is taken.
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