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Εμφάνιση αναρτήσεων με την ετικέτα Greek Crisis

The Political Dimension of the Greek Financial Crisis

Abstract Many scholars have tried to comprehend and analyse the root causes of the Greek economic crisis. In the majority of these analyses, a series of economic factors were mainly highlighted as the key to understanding the nature of the problem. While these factors are profound aspects of the Greek financial and economic failure, they are only a part of the reality. The root causes for the Greek crisis can be found within the Greek political and institutional model of development and its model of governance. In this paper a series of political factors are highlighted as the key factors of this crisis. The development of statism, the failed Europeanization, the high level of corruption, the impact of syndicates and interest groups on the formation of economic policies, the skewed model of governance, populism and the unstable political and parliamentary regime are the most profound. The Greek crisis has a political element that cannot be overlooked and it is highly differe...

Reassessment of the OCA Criteria in the Euro Area: The Case of Greece

Abstract The Greek crisis should not be considered an unexpected phenomenon. On the contrary, it has been caused by, among other things, rushed political decisions, incomplete EU institutions of governance and hidden political and economic causes. We analyze the optimality and effectiveness of the European monetary framework on two different levels, first by applying the OCA criteria to the EMU. Second, by evaluating the main political and economic institutions and their vulnerabilities within the European level. We claim that many European countries, including Greece and other countries of Southern Europe remain unable to afford the vulnerable and one-sided, weak political and economic European monetary context. Additionally, we claim that unless deep governance structures emerge, a possible enlargement of the eurozone could create more costs than benefits for both the candidate members and the Eurozone itself. JEL Code: G01, F50 Key words: Political Economy, Optimal Cu...

Τα Βαθύτερα Αίτια της Ελληνικής Οικονομικής Κρίσης

To άρθρο αυτό έχει αρχικά δημοσιευτεί στο Sklias, P. and Maris, G. (2013) The Political Dimension of the Greek Financial Crisis, Perspectives on European Politics and Society, vol. 14, no. 1, pp. 144-164.  Το λίνκ του άρθρου είναι το  http://www.tandfonline.com/doi/full/10.1080/15705854.2012.732392#.Uz_p4Kh_uSo  Για να αναφέρετε αυτό το άρθρο στη βιβλιογραφία σας παρακαλώ χρησιμοποιείστε είτε την παραπάνω αναφορά είτε το  Σκλιάς, Π., Ρουκανάς, Σ. και Μαρής, Γ. (2012) Η Πολιτική των Διεθνών και Ευρωπαϊκών Οικονομικών Σχέσεων, Εκδόσεις Παπαζήση, Αθήνα. καθώς αυτό ειναι το 9ο κεφάλαιο του βιβλίου. Τα Βαθύτερα Αίτια της Ελληνικής Οικονομικής Κρίσης 1. Εισαγωγή Πρόσφατα πολλοί ερευνητές προσπάθησαν να αναλύσουν τις βασικές αιτίες της ελληνικής οικονομικής κρίσης. Στην πλειοψηφία αυτών των αναλύσεων τους, εστίασαν σε μια σειρά από οικονομικούς συντελεστές, οι οποίοι τονίστηκαν ως τα βασικά αίτια του προβλήματος. Πιο συγκεκριμένα, θεωρήθηκε πως τ...