Political economy perspectives on the Greek crisis : debt, austerity and unemployment / Ioannis Bournakis, Christopher Tsoukis, Dimitris K. Christopoulos, Theodore Palivos, editors.
"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 con...
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Online Access: |
Full Text (via Springer) |
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Other Authors: | , , , |
Format: | eBook |
Language: | English |
Published: |
Cham, Switzerland :
Palgrave Macmillan,
[2017]
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Subjects: |
Summary: | "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."-- |
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Item Description: | Online resource; title from PDF title page (EBSCO, viewed December 7, 2017) |
Physical Description: | 1 online resource (xxiv, 388 pages) : illustrations. |
Bibliography: | Includes bibliographical references and index. |
ISBN: | 9783319637068 3319637061 |