1.

Record Nr.

UNINA9910468226603321

Autore

Petrakis Panagiotis E. <1953->

Titolo

The Evolution of the Greek Economy : Past Challenges and Future Approaches / / by Panagiotis E. Petrakis, Pantelis C. Kostis

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2020

ISBN

3-030-47210-8

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (XXXIV, 292 p. 95 illus., 3 illus. in color.)

Collana

The Political Economy of Greek Growth up to 2030, , 2662-7256

Disciplina

330.9495

330

Soggetti

Economic development

Evolutionary economics

Institutional economics

Finance

History

Europe - Economic conditions

Economic history

Macroeconomics

Economic Growth

Institutional and Evolutionary Economics

Financial History

European Economics

Economic History

Macroeconomics and Monetary Economics

Previsió econòmica

Desenvolupament econòmic

Llibres electrònics

Grècia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. A Brief Economic History of Repeated Defaults -- 2. The Institutional Evolution and the Failed Modernizing Attempts -- 3. The Geostrategic



Settings, National Resources, and the Systemic Risks -- 4. The Formation of Idiosyncratic Structure of Institutions and Culture -- 5. Sustainable Development -- 6. Sustainable Governance -- 7. Inclusivity -- 8. Human Behaviors -- 9. Growth in the Greek Economy -- 10. Insights of the Production Prototype Change -- 11. The Requirements of a Long-Term View -- 12. The Long-term View of the Greek Economy under the Normal and the Optimal Pro-Growth Scenario (2020-2030).

Sommario/riassunto

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.