Brief overview and lessons from the Greek crisis At the onset of the crisis, a deterioration in the macroeconomic environment, the downgrades of sovereign debt and rising sovereign spreads on account of large macroeconomic and fiscal imbalances cut off the Greek sovereign and Greek banks from international capital and money markets.
Challenges of Nigeria’s economic development and the leadership question 18. Let me state emphatically that though the Nigerian economy has achieved some considerable progress, the accomplishment is far below her realizable potentials given her abundant human and material resource endowment.