Real-World Economics Review Blog

from Merijn Knibbe

After 2008 Poland and Romania devaluated their currency. Other countries tried ‘internal devaluation’ (Spain, Portugal, Greece, Ireland, The Baltic states). Are there any differences when it comes to unemployment (source: the new Eurostat data which revised unemployment in august with +0,1% and showed an additional 0,1% rise in september)? According to me, the evidence is at least suggestive. By the way – unemployment in Greece and Spain might soon reach 30 and maybe even 35%. Is the Euro going to survive this?

 

View original post

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s