The Post-World War II Greek Economy: The Great Transformation

Konstantinos Loizos ()
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Konstantinos Loizos: Centre of Planning and Economic Research (KEPE)

Chapter Chapter 7 in Between Markets and Governments, 2025, pp 171-208 from Springer

Abstract: Abstract This chapter introduces the specifics of the post-war Greek economic development until the early 2020s. The first section attempts a periodization of the Greek economic development during the main period of development banking in Greece and afterward in order to provide a meaningful interpretation of the various stages of economic growth intermitted with bouts of stagnation that the economy passed through these years. Then, the rest of the chapter provides a brief review of each subperiod with the aid of diagrams and comments on the evolution of significant macroeconomic variables. The idea is for the reader to get a grasp of the great transformation of the Greek economy from a Less Developed Country to a developed one in which the operation of Greek development banks took place.

Keywords: Post-war Greek economy; Development patterns; Periodization; Socioeconomic transformation; Greek sovereign debt crisis; Fiscal consolidation (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-88527-3_7

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DOI: 10.1007/978-3-031-88527-3_7

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