International Business

Konstantinos Poulis

Chapter 8 in Business and Management Practices in Greece, 2011, pp 155-169 from Palgrave Macmillan

Abstract: Abstract It is difficult to trace the origins of international business (IB) activity in Greece. Fragmentation of research, lack of documented and centrally stored evidence and practical limitations do not allow us to understand exactly the ‘when’ and ‘how’ of the origins of IB activity in the country. The fact is that international trade has been an essential component of the lives of Greek people since ancient times and it has been responsible for the spread of Greek civilization to the rest of the known world. This tradition is still evident today and its greatest manifestation is in the role of Greek shipping as the main facilitator of international trade flows. Greeks are involved in international marine logistics and international trade throughout the world but it should be emphasized that the main commercial activity is trade and not industrial production. This complements the overall identity of the Greek economy as a former agricultural and increasingly service-oriented economy showing increasing signs of de-industrialization in recent decades. More specifically, it is interesting to note at this stage that more than 90 per cent of world trade is conducted by sea while the Greek-owned fleet represents almost one-fifth of world tonnage (MARISEC, 2010). It is easy to see, therefore, that international business has always been at the forefront of economic and social activity in the country.

Keywords: Foreign Direct Investment; International Business; Family Firm; Foreign Firm; Multinational Firm (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30653-0_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230306530

DOI: 10.1057/9780230306530_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().