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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.
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.
In recent decades, the mainstream microeconomic and macroeconomic analysis was proven to be insufficient for exploring the dynamic and complex interactions among humans, institutions, and nature in our real economy. On the one side, microeconomics is filled with black-box models that fail to study the actual contractual relations between firms and markets, while on the other side macroeconomics were proven useless because they mistook the beauty of theoretical models for truth. Thus, questions have arisen about using new theoretical and empirical structures that would better describe our economic systems. Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and ...
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 theore...
This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the outbreak of the Cypriot banking crisis in mid-2013. The long-term creation of structural changes in European economics and politics is associated with a growth lag within the global economic environment dynamics. The economic and political consequences of the crisis and the development of new institutions will shape the future growth dynamics towards a Fragmented European Federation.
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.
This book examines the economic interconnections of the Greek economy at a macro and micro level, allowing it to explore both the economic relations between the various sectors and the interconnections of various companies and overlaps in management boards. Two approaches are used to quantify interdisciplinary and cross-sectoral interfaces: the traditional input-output analysis approach and the “influence and information flow” approach through network analysis. The book's first part presents the current conditions and the economic interconnections within the Greek economy. In the second part, during the analysis of microeconomic interconnections between individuals and companies, a much more thorough presentation of the economic interconnections of Greek companies is established. Finally, the book’s third part presents how the Greek economy must transform its production prototype under structural constraints and opportunities for economic diversification and inclusive growth and under the pressure of economic shocks and uncertainty.
Among the most discussed and contested areas of policy are those that surround economic development. Among the wide universe that is public policy, those policies that claim to enhance economic development have long been viewed as particularly important, and discussions over what the best approaches are have been varied, heated, and often at the core of the success or failure of governments. This volume explores how different policy environments impact economic development in light of the interplay with other factors. From discussion of tax policy in the Russian Federation, to the interplay of economic development and culture in Namibia, to the complex interplay between tourism and extractive industries in the United States, this volume explores a range of policy realities.
The book explores the hybrid nature of enhanced cooperation law between the law of single Member States and secondary EU law. Furthermore, it identifies the limits to and challenges of enhanced cooperation law-making, and explains how State aid law provisions should be applied to enhanced cooperation laws. The book also develops a sophisticated approach to the limits non-participating Member States face in ensuring that their actions do not impede the implementation of enhanced cooperation between the participating Member States.