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Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political...

Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political...

This book sets out the background to Greece's current political and economic crisis, examining its three decades of stopstart reforms and their political and institutional consequences.
Ever since Greece's 1974 transition to democracy there has been constant talk of reforms. Major changes in its economy, society and polity have attempted to bring Greek institutions and policies in line with more developed West European countries. Some reforms have come to fruition (creation of the NHS, Eurozone entry, banking liberalization, some privatizations), others have recurred over the years...