Prof. Jayati Ghosh: Austerity being defeated in the elections, EU zone policies will have to change
Channel: NewsClickin
Date: 2012-05-28

Prof. Jayati Ghosh, JNU discusses with Newsclick the impact of the elections in France and Greece on the fiscal and economic policies of Euro zone. She believes that though Greece is now nearing end-game, if Germany and the EU is willing to change its austerity regime, there is still a chance of Euro zone to continue. But it will require a fundamental change in its economic vision that is still tied to the neo-liberal framework