Jason Manolopoulos lends a unique perspective, based on experience of the global financial system, emerging markets and crises, European politics and Greek society, to demonstrate how one of the EU’s smaller countries played a catalytic role in a crisis that threatens the future of the euro, and possibly even of the European Union itself. He digs beneath the headline economic data to explore the historical legacy and psychological biases that have shaped an ongoing political drama, in a book that has profound implications for our understanding of economics, as well as the policy choices for Europe’s elite. For more information please visit the book
Manolopoulos' 'Odious' Debt is a fascinating account of what led to the economic crisis in Greece, as well as how the crisis continues to cripple the country to this day. As I’ll be traveling to the “Birthplace of Western Civilization” in a week’s time to study international marketing in Athens, this book was an excellent way for me to get up-to-date on the country’s current economic and political situation, as well as gain a greater appreciation for the culture in which I’ll be immersing myself.
Highly recommended for anyone who wants to learn about the current state of affairs in Greece, and/or the ramifications of the European Union and its universal currency in general.
Very informative, although it got too technical at times for me, presuming more knowledge of certain economic affairs than I appear to have. But a very interesting look on the workings of the Eurocrisis nonetheless.
With such an interesting subject, it's a shame this book was so dry. Great source if you're writing a research paper. Plenty of good facts. But they're hard to remember as there's minimal "hooks" to draw you in.