Developments from 1953 to 1962

Michalis Psalidopoulos ()
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Michalis Psalidopoulos: University of Athens & The American College of Greece

Chapter Chapter 9 in American Economists and the Greek Economy, 1947-62, 2025, pp 197-213 from Springer

Abstract: Abstract This section discusses developments in Greece after the stabilization and up to the association agreement with the European Economic Communities that marks the end of the diminishing American aid to Greece. Monetary policy, the changing landscape of economic thought in Greece and the interaction of Greece with the IMF and the BIS are also discussed. So is the important contribution of Richard Westebbe as an expert. High rates of growth with very low inflation, but at the same time the persistence of structural weaknesses, are the main results of this decade.

Date: 2025
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DOI: 10.1007/978-3-031-87348-5_9

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