An Overview of the Modern Greek Economy

Nicholas G. Pirounakis
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Nicholas G. Pirounakis: Economic Research and Analysis Ltd

Chapter 1 in The Greek Economy, 1997, pp 7-33 from Palgrave Macmillan

Abstract: Abstract Although no economy is problem-free, some can boast of strengths that far outweigh their weaknesses. Not so to-day’s Greece. True, by the mid-1970s the Greek people had managed to house themselves amply and satisfactorily (but at the cost of anarchic, thoughtless city-planning); almost all Greeks nowadays eat well (perhaps too well!1), whilst many certainly spend more time enjoying themselves than working productively.2 Above all, a Greek (or an Australian or a Spaniard) born in 1992 would expect to live longer (76.9 years) than a person from any other country but four: Japan (79.5), Iceland (78.2), Sweden (78.2), and Switzerland (78).3

Keywords: Interest Rate; European Union; Public Sector; Informal Economy; Trade Deficit (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37486-7_2

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DOI: 10.1057/9780230374867_2

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