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Dimitris A. Sotiropoulos: The paradox of non-reform in a reform-ripe environment: lessons from post-authoritarian Greece

Sotiropoulos, A., Dimitris, (2012), “The paradox of non-reform in a reform-ripe environment: lessons from post-authoritarian Greece”, Kalyvas, St., Pagoulatos, G., and Tsoukas, H., (eds), From Stagnation to Forced Adjustment: Reforms in Greece, 1974-2010, London and New York: Hurst Co. and Columbia University Press.

In May 2010, following the Memorandum of Understanding between the Greek government and the Troika (IMF, EU and ECB), a rescue package was offered to Greece, in order to face its public debt crisis and later in the same year a series of reforms were attempted by the government of PASOk (in power since October 2009). Reforms were legislated not only in economic policy, but also in other sectors such as pensions, labour relations, higher education and public administration. A new impetus was given to reforms after Greece and the EU agreed on a second rescue package in July 2011. Many observers were hopeful that this external stimulus towards reform, combined with international pressure to completely alter the Greek ‘model’ of economic development, would finally bring about structural and policy changes many times announced and legislated since Greece’s transition to democracy (1974), but never actually implemented.

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