Development, Competitiveness and Institutional Modernization: Towards a New Approach to the Greek Crisis

Charis Vlados, Dimos Chatzinikolaou and Michail Demertzis ()
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Michail Demertzis: Democritus University of Thrace, School of Law

No 22-2019, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: The crisis of the Greek socioeconomic system has been unfolding for over a decade now. Many of its aspects have been highlighted and studied in the international literature, but, in most of these approaches, a lack of a complete, evolutionary perspective was not avoided. In this paper, we approach the Greek crisis and its evolution in the recent years by reviewing the relevant international literature and by proposing a theoretical re-focusing for a more effective, structural economic policy. In particular, we try to counter-propose a coherent examination of the mutually dependent aspects of the Greek crisis, by focusing on the synthesis of the dimensions of development, of competitiveness and of institutional modernisation of the Greek socioeconomic system, within the current restructuring phase of globalisation.

Keywords: systemic socioeconomic crisis; Greek crisis; evolutionary; economics and development; competitiveness; institutional modernisation; globalisation restructuring. (search for similar items in EconPapers)
JEL-codes: B52 O43 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2019-01
New Economics Papers: this item is included in nep-hme
Note: International Journal of Competitiveness, Vol.1, No.4, pp. 293 - 318
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Persistent link: https://EconPapers.repec.org/RePEc:ris:duthrp:2019_022

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