A New Growth Model for the Greek Economy: Requirements for Long-Term Sustainability

ISBN-13: 9781137589439 / Angielski / Twarda / 2016 / 339 str.

Panagiotis E. Petrakis

Opis

On June 3, 2015, the Greek Parliamentary Budget Office, the National and Kapodistrian University of Athens, the Democritus University of Thrace, and the University of Peloponnese sponsored an international conference to address medium- and long-term growth in Greece. This collection presents the strongest papers on the conditions required to revive and maintain economic growth. Leading experts cover almost every major issue identified in the latest literature, from demographic issues and proposals for export strategy to the need for innovation and structural reform. The combination of qualitative and quantitative approaches to assessing present conditions make this ground-breaking collection a valuable resource for a variety of academics, professional economists, and economic policy practitioners planting the seeds of Greece's future.

Spis treści

1. On the Greek Growth Model: A Collective Contribution; Panagiotis Petrakis

PART I: GREECE AND THE EUROPEAN UNION

2. The EU and the Eurozone; Harold James

3. The Greek Growth Decoupling; Pantelis Kostis, Kyriaki Kafka, Dionysis Valsamis

PART II: ON THE GREEK GROWTH MODEL

4. Is Greece Destined to Grow?; Ζsolt Darvas

5. Lessons for Europe from the Greek Crisis; Paolo Manasse

6. Developing Growth Potential for the Greek Economy; Michael Halliassos

7. Requirements for a New Business Model in Greece; Klaus Schrader, David Benček, Claus-Friedrich Laaser

8. Is There an Easy Way Out? Redenomination Issues and their Financial Consequences in Case of a Greek Exit from the Eurozone; David Amiel, Paul-Adrien Hyppolite

9. Extroversion Within a New Economic Paradigm; Grigoris Zarotiadis, Eirini Ozouni

PART III: STRUCTURAL CHANGES AND LABOR MARKETS

10. Qualifying and Quantifying the Greek Structural Reform Efforts; Alessio Terzi

11. Innovation or "More of the same"?: A Crucial Choice for Greek Society; Alexander Kritikos

12. Demographic Challenges Facing Long-Term Growth in Greece; Edward Hugh

13. Rearranging Social Security Contributions: Alleviating the Burden of the State and Returning Value to the State and Society; Thomas Poufinas, Effrosyni Kouskouna

14. Okun's Law in Greece in the Post-Crisis Era: An Empirical Study; Christos Katris

15. The Influence of Flexible Working on Unemployment: Evidence from the Greek Labor Market; Kostas Karamanis, Alina Hyz

16. Jobs, Not Growth: An Alternative Path for Development; Randall Wray

PART IV: MACROECONOMIC EVOLUTION AND EXPORT PERFORMANCE

17. The Determinants of Economic Fluctuations in Greece: An Empirical Investigation (1995–2014); Konstantinos Konstantakis, Panayotis Michaelides, Efthymios Tsionas

18. Fiscal Multipliers and Growth in the Greek Economy: An Assessment of the Recent Fiscal Adjustment Program; Sotiris Papaioannou

19. The Impact of Sovereign Debt Ratings and Financial Performance on Bank Ratings; Evaggelos Drimpetas, Themistokles Lazarides

20. What Drives Greek Exports Performance? A Macro Level Analysis; George Geronikolaou, Eleftherios Spyromitros, Panagiotis Tsintzos

O autorze

Panagiotis E. Petrakis is Professor of Economics at the University of Athens, Greece, where he also serves as the Director of the International Economics and Development Sector. He is the author of more than twenty-six monographs on topics related to European and Greek growth, crises, labor markets, economic policies, and the future of entrepreneurship. He also is the author of numerous research articles in journals such as Small Business Economics, Journal of Banking and Finance, Journal of Business Research, Journal of Socio-Economics, and International Entrepreneurship and Management Journal.