The ‘A. G. Leventis Foundation Research Chair’ is a new research programme focusing on European political economy issues of Greek interest. The Chair is funded by the A.G. Leventis Foundation and has been in operation since October 2017. As part of the Chair’s activities a research project entitled “Reforms in Public Administration during the crisis: Review, Description, Evaluation” is carried out for the period 2017-18. The project is coordinated by …Read More
This section contains original papers written exclusively for the Crisis Observatory. The Observatory hosts three different publication series: opinion articles, policy papers and research papers. Authors interested in contributing a paper in any category can find instructions here. Access to the Crisis Observatory papers is free.
D. Katsikas, Head of Crisis Observatory, spoke with Alkyone Karamanolis, of the German public radio station B5 actuell, on the evolution of the Greek crisis and the country’s effort to dodge bankruptcy through the three Memoranda of Understanding. The story is available in German here.
Dr. Katsikas, Head of Crisis Observatory participated in the International Seminar “Crises and Institutions in Latin America and Europe”, which took place on October 30, in Sao Paolo, Brazil. The seminar was held in the framework of the bi-regional research programme Jean Monnet Network “Crisis-Equity-Democracy for Europe and Latin America” in which the Crisis Observatory participates. Dr. Katsikas referred to European citizens’ perceptions vis a vis the European Union after …Read More
The book is the result of an initiative by ELIAMEP’s Crisis Observatory and its objective is to offer answers to much debated questions about the Greek crisis. Is the Greek public debt sustainable? Is it possible to sustain high primary fiscal surpluses continuously for many years? Are Greeks over-taxed? Is the Greek public sector too big? Can Greece become more competitive by reducing wages alone? What is the purpose of …Read More
People in Britain were heavily misinformed vis-à-vis the ‘costs’ and ‘burdens’ of the EU, and this issue was only partially tackled and very late in the course of the campaign. All in all, the kind of anti-establishment, anti-elitist, anti-globalisation, anti-immigration rhetoric which has been gaining ground continentally, is populism at its worst. The ‘decent’, ‘hardworking’, ‘every-day’ people whose best interests European populists claim to have at heart are, sadly, in …Read More
Drawing on a new dataset, I explore the dynamics of national wealth accumulation in Greece since 1997, and suggest a thought-provoking narrative on the causes of the Greek depression. I show that about two-thirds of the increase in external public debt during the pre-crisis period inside the euro area can be attributed to factors other than fiscal indiscipline. A positive wealth effect tied to the housing bubble resulted in a …Read More
Contemporary Greece is currently in a turbulent process of crisis and recession. Arguably, one segment of the Greek society is experiencing more suffering than most: young people. It is thus of great importance to understand young generation’s needs and attitudes in order to alleviate pain, to build up active inclusion strategies and to enhance civic participation. The present social psychological pilot study aims to show how Greek young adults perceive …Read More
This study attempts to analyse the representation of Germany in the Greek press during the ongoing economic crisis covering the period 2010-2013. In so doing, it starts with a discussion on the main theoretical aspects explaining the relationship between media and politics in the relevant literature of political communication. It then concentrates on the issue of the European public sphere which is concerned with potential ‘European frames’ in the portrayal of Germany in the Greek …Read More
The tragedy of the commons ‘denotes a situation where individuals acting independently and rationally according to each’s self-interest behave contrary to the best interests of the whole group by depleting some common resource’. This article will make two points. First, that Greece coming so close to exit from the Eurozone, reflects typical ‘tragedy of the commons’ dynamics. Second, that the near certainty of euro exit, catalyzed by the resounding ‘no’ …Read More
The decision to hold a referendum on the creditors’ proposal is the final act in a drama that started five months ago, when the new Greek government initiated a new round of negotiations with the country’s creditors.In my view, the decision to hold a referendum is a mistake, maybe the last one, in an overall bad negotiation. The Greek government made three key negotiating mistakes. Someone with basic knowledge of the history …Read More