The Future of the Greek Economy: Economic Development Through 2035

This book provides a comprehensive framework for Greece's future, covering five realms: sustainable development, sustainable governance, inclusive growth, evolution of human behaviors, and dynamic growth. It generates growth, unsustainable growth, transformation, and collapse scenarios based on the severity of key uncertainty factors' effects.

Format: Hardback
Length: 195 pages
Publication date: 28 March 2023
Publisher: Springer International Publishing AG

This book delves into the intricate realm of the Political Economy of Alternative Economic Futures for the Greek economy, spanning a horizon until 2035. Rather than simply presenting a collection of forecasts, it endeavors to establish a comprehensive framework that will shape Greece's future. The analysis encompasses five critical domains, each shedding light on the political economy of Greece: sustainable development, sustainable governance, inclusive growth, the evolution of human behaviors, and dynamic growth. Within these realms, a range of growth, unsustainable growth, transformation, and collapse scenarios are generated, taking into account the varying degrees of impact exerted by key-uncertainty factors.

Sustainable development forms the cornerstone of this comprehensive examination, emphasizing the need for balanced and environmentally responsible economic growth. It explores strategies for promoting renewable energy sources, reducing carbon emissions, and fostering social well-being while ensuring economic prosperity for all. Sustainable governance plays a pivotal role in shaping the trajectory of Greece's future, emphasizing the importance of effective policymaking, transparent decision-making processes, and the preservation of democratic values. Inclusive growth aims to eradicate poverty, promote equal opportunities, and ensure that the benefits of economic growth are shared by all segments of society. It involves policies that promote social mobility, education, and job creation, while also addressing income inequality and social exclusion.

The evolution of human behaviors is another critical domain, as it examines how societal attitudes, values, and behaviors are likely to change over time. This analysis considers factors such as technological advancements, demographic shifts, and global trends, which will shape the way individuals and communities interact and engage with the economy. Dynamic growth emphasizes the importance of innovation, entrepreneurship, and adaptability in driving economic growth and creating new opportunities. It explores strategies for fostering a culture of innovation, promoting research and development, and encouraging entrepreneurship, both within the private sector and the public sector.

In generating these alternative economic futures, the analysis takes into account the severity of key-uncertainty factors, which pose significant challenges to Greece's economic development. These factors include geopolitical tensions, economic shocks, and social unrest, among others. By analyzing the potential impacts of these factors, policymakers and stakeholders can develop strategies to mitigate risks, seize opportunities, and ensure a resilient and sustainable future for Greece.

In conclusion, this book offers a valuable insights into the Political Economy of Alternative Economic Futures for the Greek economy, providing a roadmap for policymakers and stakeholders to navigate the complex and rapidly evolving economic landscape. By embracing sustainable development, sustainable governance, inclusive growth, the evolution of human behaviors, and dynamic growth, Greece can position itself as a leader in the global economy and build a prosperous future for its citizens.

Weight: 432g
Dimension: 210 x 148 (mm)
ISBN-13: 9783031268717
Edition number: 1st ed. 2023