New Working Paper on the ongoing economic crisis in Cyprus and the influence of the communist government

Although the Cypriot banking system is not in the spotlight at the moment, its problems are far from being solved.

In a new paper, Athanasios Orphanides, IMFS Research Fellow and Senior Lecturer at the MIT Sloan School of Management, has investigated the economic consequences of the last European communist government, which run the country between 2008, the year when also the euro was introduced, and 2013.

The new IMFS Working Paper "What Happened in Cyprus? The Economic Consequences of the Last Communist Government in Europe" (55 pages) can be downloaded here.