One country that symbolised the crisis of the last 10 years was Greece. Its insolvency embarked the country on a long regime of bail-outs and austerity. This August, Greece officially emerged from the crisis, with the OECD forecasting GDP growth again. So, did the austerity work? The former Greek finance minister and co-founder of the Democracy in Europe Movement (DiEM) remains unconvinced. Mr Varoufakis was a guest at the OECD’s “10 years after the crisis” conference.

For more information go to: 
www.oecd.org/economy/
www.oecd-ilibrary.org/economics

Host: Clara Young
Producer: Robin Allison Davis and Borja Ortuzar 

Get the latest OECD content delivered directly to your inbox! Subscribe to our newsletters: www.oecd.org/newsletters
Follow us on social media: www.oecd.org/social-media

*Disclaimer: Our podcasters may express personal views and opinion, which do not necessarily reflect the official views of the OECD or its member countries.

Yanis Varoufakis on austerity and his political party, DiEM

How can we all help shape better policies for better lives? OECD Podcasts bring you insightful interviews with experts and well-known personalities on such pressing challenges as inequality and inclusive growth, the economy, jobs, the digital transformation, climate change, the environment, education, healthcare, tax, trade, international co-operation, and more.


NOTE: The opinions expressed and arguments employed in the content displayed herein do not necessarily reflect the official views of the OECD, its Member countries, or any stakeholders who have contributed to or participated in any related work.