Article by Francesco Daveri on 11 May 2012
Professor Francesco Daveri is a Professor of Economics at the University of Parma. He also teaches Macroeconomics in the MBA Program of Bocconi University in Milan, where he also taught Applied Growth in the Master in Economics and the PhD programme.
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Voters in France, Greece, Italy, and Germany rewarded politicians who opposed austerity. This column argues that attempts to fulfill campaign promises will run up against a hard constraint. The countries whose voters are calling for