 Structural Policies to Unwind the Greek Fiscal TangleChapter 3 in Issues in Contemporary Economics, 1992, pp 23-29 from Palgrave Macmillan Abstract: Abstract For over a decade now, and particularly since 1980, the Greek economy has continued to defy the imperatives which derive from the Country’s choices in international, political and economic relations. More specifically, whereas, during the 1980s, developed nations in general, and those in the European Community (EC) in particular, tamed inflation, reduced or at least checked unemployment, balanced with relative success the accounts of their payments abroad, and achieved satisfactory rates of economic growth, Greece regressed in these most vital respects. Inflation in Greece, relative to inflation in these other countries, increased markedly, unemployment and the balance of payments worsened significantly, and the process of development came to a standstill. As a result, the gap in material welfare which separates Greece from the developed nations of the EC widened. In other words, the country lost ground at a time when the international economy flourished. Keywords: Government Revenue; Collective Good; Foreign Debt; Social Consumption; Structural Policy (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-11955-4_3 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-11955-4_3 Access Statistics for this chapter More chapters in International Economic Association Series from Palgrave Macmillan |
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