Political Economy Perspectives On The Greek Crisis: Debt, Austerity And Unemployment
by Ioannis Bournakis /
2017 / English / PDF
6.1 MB Download
This book offers a comprehensive guide to the on-going Greek
debt crisis. It identifies and explains Greece’s idiosyncratic
weaknesses, and highlights the existing rigidities in the EU
architecture that make the recovery prospects of the Greek
economy challenging.
This book offers a comprehensive guide to the on-going Greek
debt crisis. It identifies and explains Greece’s idiosyncratic
weaknesses, and highlights the existing rigidities in the EU
architecture that make the recovery prospects of the Greek
economy challenging.Chapters from expert contributors highlight aspects of the
performance of the Greek economy with focus on export
performance, labour market conditions, political cycles and
regional income disparities. The book then goes on to outline the
banking system in Greece in the post-crisis era, and includes
analysis that explains how the credit rating score affected
Greece’s borrowing capacity prior to the start of the insolvency
crisis. The final part analyses and compares alternative
scenarios of fiscal consolidation, seeking to identify whether
there are alternatives to fiscal austerity and the impact of each
one of them. This section also clarifies various misconceptions
about the significant determinants of international
competitiveness. Despite the focus of the book, the lessons drawn
from the chapters are not limited to Greece.
Chapters from expert contributors highlight aspects of the
performance of the Greek economy with focus on export
performance, labour market conditions, political cycles and
regional income disparities. The book then goes on to outline the
banking system in Greece in the post-crisis era, and includes
analysis that explains how the credit rating score affected
Greece’s borrowing capacity prior to the start of the insolvency
crisis. The final part analyses and compares alternative
scenarios of fiscal consolidation, seeking to identify whether
there are alternatives to fiscal austerity and the impact of each
one of them. This section also clarifies various misconceptions
about the significant determinants of international
competitiveness. Despite the focus of the book, the lessons drawn
from the chapters are not limited to Greece.
This volume will be of interest to academics, practitioners and
policy makers who wish to take a closer look at the Greek debt
crisis and learn more about the challenges the Greek economy is
currently facing.
This volume will be of interest to academics, practitioners and
policy makers who wish to take a closer look at the Greek debt
crisis and learn more about the challenges the Greek economy is
currently facing.
