Category Archives: The Greek Economy

Apr 23 2018

How to boost Greek exports

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By Peter Sanfey The past year has seen some welcome, and long overdue, good news from Greece. After nearly a decade of deep recession, the economy started growing again in 2017, unemployment is falling and business and consumer confidence are … Continue reading

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Apr 17 2018

Greece’s clean exit: Politics vs economics

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By Lorenzo Codogno There seems to be a strong convergence of interests between the Greek government, the European Commission and Eurozone Member States (and the IMF): they all want a clean exit from the Third Economic Adjustment Programme for Greece. … Continue reading

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Feb 14 2018

Mobility of Highly-Skilled Individuals, Local Innovation and Entrepreneurship Activity

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In an open economy migration is a natural process. It certainly poses challenges for the host countries but also brings benefits, especially if skillful human capital is accumulated. High-skilled migrants bring advanced or “upper-tail” human capital (Mokyr, 2002; Squicciarini and … Continue reading

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Jan 15 2018

The Linkage Between Nation Branding And Nation Competitiveness

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By George J. Avlonitis Within the contemporary international competitive environment, nations are constantly required to respond to a dynamic social and economic framework, similar to a commercial marketplace . Concurrently, nations compete with each other for resources and alliances that could … Continue reading

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Nov 6 2017

The Political Economy of Privatisation in Greece after the Economic Crisis

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By Özgün Sarımehmet Duman The recent economic crisis has been a very solid testimony to the interconnectedness of world markets that the US-originated crisis has had an endemic and epidemic reflection throughout the world, the Eurozone having prime eminence due to … Continue reading

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Jan 6 2017

Economic growth for Greece’s trade partners and Greek export growth

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By Theodore Panagiotidis and Konstantinos Chisiridis This note investigates two issues: First, to identify the most important trade partners of Greece over the last twenty years and how their relative significance has evolved. Second, to examine how sensitive is the … Continue reading

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Dec 9 2016

Gender and the Greek crisis: towards a risk assessment

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By Antigone Lyberaki and Platon Tinios The Greek crisis is uniquely long and deep; while it is unfolding, secular trends in ageing, technology and globalization are changing the ways people work and how economics shapes attitudes. Add to this that … Continue reading

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Dec 1 2016

The Greek crisis: An autopsy

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By Pierre-Olivier Gourinchas, Thomas Philippon, Dimitri Vayanos The Greek crisis is one of the worst in history, even in the context of recorded ‘trifecta’ crises – the combination of a sudden stop with output collapse, a sovereign debt crisis, and … Continue reading

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Oct 13 2016

The Political Economy of NPLs resolution: Ownership and conditionality

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By Eleni Panagiotarea Greece’s non-performing exposure ratio is the second highest in Europe, largely linked to the unprecedented contraction of domestic economic activity in recent years. Causality is known to go both ways, with persistently high non-performing loans (NPLs) constituting … Continue reading

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Sep 16 2016

The Greek crisis is a crisis of production, not of public finance

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By Antigone Lyberaki The Greek economic crisis is a crisis of production. Its key actor is a unique feature of the economy, the Greek family firm. Seen through that prism, the crisis is simply another episode in the story of … Continue reading

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