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The New Political Economy of Greece up to 2030

The New Political Economy of Greece up to 2030
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 340
Release: 2020-10-31
Genre: Business & Economics
ISBN: 303047075X

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This book not only analyzes and evaluates the current state of economic growth and development in Greece, but also investigates the potential for growth and development in the mid- to long-term horizon. This book presents a unique theoretical framework drawing on structural elements of political economy such as institutions, cultural background, and the complex nature of politics and political power, as well as neoclassical economics and behavioral economics. The first part of the book introduces readers to some key concepts of normative analysis from a theoretical and methodological perspective, presents the relation between theory and policy, placing the Greek economy within the framework of the Eurozone, and provides the political economy of integrated growth and development in Greek economy. The second part of the book describes the current condition of Greece in the global economy and attempts to detect the major social, economic and political trends that will prevail in the Greek society, while pointing the challenges that the Greek economy will face across the coming decade by taking into account the Covid-19 crisis. The third part of the book provides an overview of growth and development theory as specifically applied to Greece, focusing on the endogenous forces driving the economy, and portrays how the 2008 financial crisis and the crisis of Covid-19 transformed the framework of Greek growth and development policy, to the ground of a new consolidated situation of low growth, low inflation and low employment in the case of Greek economy.


Policies for a Stronger Greek Economy

Policies for a Stronger Greek Economy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 157
Release: 2020-09-15
Genre: Business & Economics
ISBN: 3030470792

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This book presents a comprehensive economic plan for Greece to encourage growth and avoid future crises. This book emphasizes structural reforms and the rational financial management and analysis of private and investment infrastructures. This book also looks at the country's production and places an emphasis on revitalizing its technological structure. The analysis in this book includes policy implementation (in the short-, medium- and long-term) across important topics such as sustainability, inclusivity, pro-growth social behavior, and dynamic economic growth. This book takes an evolutionary economics perspective, looking at important structures throughout society like governance, political functioning, cultural attitudes, and growth. With its comprehensive approach, this book is crucial reading for scholars and policymakers interested in the Greek economy.


The Future of the Greek Economy

The Future of the Greek Economy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 220
Release: 2023-03-27
Genre: Political Science
ISBN: 3031268725

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This book introduces the Political Economy of Alternative Economic Futures for the Greek economy up to 2035. The analysis is not restricted to the presentation of a series of forecasts but aims to develop a comprehensive framework for Greece’s future. The analysis covers five realms regarding alternative economic futures, which outline the political economy of Greece: sustainable development; sustainable governance; inclusive growth; evolution of human behaviors; and dynamic growth. A growth, an unsustainable growth, a transformation, and a falldown scenario are generated based on the severity of key-uncertainty factors' effects.


Greek Culture After the Financial Crisis and the Covid-19 Crisis

Greek Culture After the Financial Crisis and the Covid-19 Crisis
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 266
Release: 2021-08-29
Genre: Business & Economics
ISBN: 3030810186

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This book studies the evolution in human thought, action, and behavior as a result of the 2008 fi nancial crisis and the Covid-19 crisis. Through the presentation and analysis of data, as recorded for at least a decade, and using the Greek economy as a case study, the authors examine the changes in social and human capital, increasingly risk-averse behavior, and changes in people’s general psyche and economic action in Greek society and economy.


Greece’s New Political Economy

Greece’s New Political Economy
Author: George Pagoulatos
Publisher: Springer
Total Pages: 286
Release: 2003-03-12
Genre: Political Science
ISBN: 0230504663

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Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political economy in the light of major contemporary debates.


The Evolution of the Greek Economy

The Evolution of the Greek Economy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 292
Release: 2020-10-31
Genre: Business & Economics
ISBN: 3030472108

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This book assesses the current state of the Greek economy and detects its development and growth prospects up to 2030. The analysis begins with 19th century Greece, addressing the repeated defaults that led to the formation of a dependent state, and the failed modernizing attempts. Then the book addresses current geostrategic dimensions as well as the current structure of institutions and culture in Greece. The second part presents the evolution of sustainability, governance, and inclusivity, as well as the evolution of culture in Greek society and insights into the production prototype. The third part of the book looks forward to what lays ahead for Greece up to 2030. It presents the theoretical background for two scenarios: the normal scenario (business as usual, including the effects of the recent Covid-19 pandemic) and the optimal scenario (a pro-growth scenario including increases of Total Factor Productivity through structural reforms). In presenting these scenarios, the book discusses issues ranging from a comparative analysis between Greece and the Eurozone, the developments in output gap and potential output, public debt, competitiveness, basic macroeconomic variables, a detailed analysis on investments, and inclusive growth.


Greece’s New Political Economy

Greece’s New Political Economy
Author: George Pagoulatos
Publisher: Palgrave Macmillan
Total Pages: 296
Release: 2003-03-13
Genre: Business & Economics
ISBN:

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This volume traces the course taken by Greece from a postwar developing state to its current participation in the Euro zone. It assesses the impact of monetary union on the Greek state & the implications of the new economic role of the state.


Political Economy Perspectives on the Greek Crisis

Political Economy Perspectives on the Greek Crisis
Author: Ioannis Bournakis
Publisher: Springer
Total Pages: 388
Release: 2017-11-27
Genre: Business & Economics
ISBN: 3319637061

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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. 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.


Human Capital and Production Structure in the Greek Economy

Human Capital and Production Structure in the Greek Economy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 321
Release: 2022-09-03
Genre: Business & Economics
ISBN: 3031049381

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The role of human capital has diversified considerably in the last 100 years. Today, the prevailing perception seeks a sustainable, integrated development which is based on the triptych of environment, economy, and society. In this mode of development, human capital has a positive effect on the economy, on social cohesion and optimal governance, as well as on the ecological footprint. This book studies the critical role of human capital in the Greek economy and its production structure. In doing so, this book analyzes the Greek labor market, employment, and structural changes, among other facets of this vibrant economy.


The Political Economy of Evaluation in Greece

The Political Economy of Evaluation in Greece
Author: Panagiotis E. Petrakis
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2024-08-26
Genre: Political Science
ISBN: 9783031607202

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This contributed volume explores the relationships between politics, economics, and evaluation. With a special focus on Greece, it addresses how evaluations within different sectors impact policymaking and explains what this means for sustainable development. Featuring interdisciplinary perspectives on economic policy evaluation for inclusive and future-forward public policy, the chapters rethink and reform evaluation to meet modern economic challenges. The book outlines the concept and principles of resource allocation in evaluation, offering a framework for economic transformation. It highlights the role of evaluation in achieving sustainable development. It provides a new way to measure the quality of public policy, governance, and economic policy.