Between Domestic Learning and External Coercion: Budgeting and Fiscal Management Reform in Greece
Calliope Spanou
South European Society and Politics, 2020, vol. 25, issue 1, 1-26
Abstract:
The article examines the interplay between external pressure and domestic learning through a case-study of Greek budgetary and fiscal management reform. Pre-crisis, budgetary management inadequacies were not efficiently addressed, mainly due to lack of awareness of problems, a low uncertainty environment and a strong political propensity to maintain discretionary use of financial resources. In contrast, crisis-era bailout conditionality represented a drastic change in the environment, increasing uncertainty and encouraging domestic openness to reform. The fiscal governance framework was significantly transformed, to a point of paradigm change. While there is no doubt regarding the impact of external pressure, the analysis highlights certain aspects that point to a domestic learning process, though variable in different parts of the political-administrative system.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:fsesxx:v:25:y:2020:i:1:p:1-26
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DOI: 10.1080/13608746.2020.1762372
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