Foreign Direct Investment, Innovation and Brain Drain in Greece: Turning a Problem into an Opportunity

Constantina Kottaridi

Chapter 11 in A Financial Crisis Manual, 2015, pp 225-254 from Palgrave Macmillan

Abstract: Abstract The world economy suffered an unprecedented financial crisis in 2008– 2009. Countries around the world faced tremendous declines in output, employment, and trade. GDP in industrial countries fell by 4.5% in 2008, while the unemployment rate rose to 9% on average across OECD economies and reached double digits in both industrial and developing nations. The EU is still facing recessionary effects and its economic performance from 2008 to 2014 is falling behind, compared to previous decades and with much of the rest of the world from 2008 and onwards.

Keywords: Human Capital; Gross Domestic Product; Absorptive Capacity; Total Factor Produc Growth; Brain Drain (search for similar items in EconPapers)
Date: 2015
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:pmschp:978-1-137-44830-9_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137448309

DOI: 10.1057/9781137448309_12

Access Statistics for this chapter

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