Inspired by Kevin O’Rourke on Greek-Irish structural deficit reductions (they win) , here is my modest effort. Remember, the Greeks, shiftless lazy lot as they are, must work hard to restore competitiveness. We manly Irish have squeezed costs to a fare thee well, and now are ready to bestride the stage of ordoliberal export led growth…
err… ok.
FWIW the same story, of a more competitive and arguably improving faster Greece compared to Ireland, is there when you look at other measures of competitiveness….
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