To support and withstand financial globalization, IF needs to reorient itself to:  1  “Tracking GCC petrodollars: how and where they are being invested around the world”, Institute of International Finance (2007). 2  Economic Report on Gulf Cooperation Council Countries, Institute of International Finance, January 2008. 3  “Globalization of Islamic funds”, Islamic Banking & Finance, Issue 11, August 2007.
But as I said before, this wouldn’t help. Leaving the euro area, devaluing your currency, you create a big inflation, and at the end of that road, the country would have to undertake the same reforms that were due to begin with, but in a much weaker position. But maybe it would be the best thing for the rest of the eurozone?