The New Political Economy of Greece up to 2030

This book analyzes and evaluates the current state of economic growth and development in Greece, investigating potential for growth in the mid- to long-term horizon. It presents a unique theoretical framework drawing on political economy, neoclassical economics, and behavioral economics. The first part introduces key concepts of normative analysis, discusses the relation between theory and policy, and places the Greek economy within the Eurozone. The second part describes the current condition of Greece in the global economy, highlights social, economic, and political trends, and addresses challenges posed by the Covid-19 crisis. The third part provides an overview of growth and development theory in Greece, focusing on endogenous forces and the impact of the 2008 financial crisis and Covid-19 crisis on the economy's framework.

Format: Paperback / softback
Length: 340 pages
Publication date: 01 November 2021
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the intricate dynamics of economic growth and development in Greece, offering a comprehensive analysis and evaluation of the current state of affairs. It goes beyond mere scrutiny and explores the potential for future growth and development on a mid- to long-term horizon. The book employs a unique theoretical framework that draws upon various disciplines, including structural elements of political economy, neoclassical economics, and behavioral economics.

In the first part of the book, readers are introduced to key concepts of normative analysis from a theoretical and methodological perspective. The relationship between theory and policy is explored, placing the Greek economy within the framework of the Eurozone. The political economy of integrated growth and development in the Greek economy is also presented, providing a comprehensive overview.

The second part of the book takes a deeper dive into the current condition of Greece in the global economy. It seeks to identify the major social, economic, and political trends that will shape the Greek society in the coming years. Additionally, it addresses the challenges that the Greek economy will face, particularly in the aftermath of the COVID-19 crisis.

The third part of the book provides an in-depth exploration of growth and development theory as it applies specifically to Greece. It delves into the endogenous forces driving the economy and examines how the 2008 financial crisis and the COVID-19 crisis have transformed the framework of Greek growth and development policy. The book highlights the resulting challenges, such as low growth, low inflation, and low employment, and explores the strategies and policies needed to address these issues.

Through its comprehensive and multidisciplinary approach, this book offers valuable insights into the complex dynamics of economic growth and development in Greece. It serves as a valuable resource for policymakers, researchers, and stakeholders interested in understanding the challenges and opportunities facing the Greek economy in the years to come.

Weight: 500g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030470777
Edition number: 1st ed. 2020