Jens Hainmueller

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Prime Minister Alexis Tsipras of Greece caused a major uproar on Saturday when he announced a national referendum on the package of austerity reforms that the country’s creditors are demanding. The referendum, which is scheduled for next Sunday, is now a source of deep uncertainty, with Greeks lining up outside of ATMs to withdraw whatever euros they can, while the whole country is teetering on the brink of financial free-fall. Leaders across the globe, including President Obama, have expressed deep concern about the possibility of Greece dropping out of the 19-member eurozone, and already the markets have plummeted as a response.…  Seguir leyendo »