In the early 1990s, when Poland underwent its infamous “shock-without-therapy” – which cut national income by nearly 20 percent, pushed unemployment over three million and increased the budget deficit to 6.9 percent of GDP in 1992 – there was some talk about the “Latinization” of my country. One prominent newspaper article carried the eloquent title: “In a moment like in Chile.” Today, in a similar vein, there is the danger of the “Africanization” of Greece....Social Journal Europe
Stop The Africanization Of Greece
Grzegorz Kołodko | Professor of Economics and Director of TIGER – Transformation, Integration, and Globalization Economic Research (www.tiger.edu.pl) at Kozminski University in Warsaw> He was a key architect of Polish economic reforms and Deputy Prime Minister and Minister of Finance in 1994-7 and 2002-3.
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