The Road to Recovery: Are Greek banks able to finance Greece’s economic recovery?

7 October, 2016

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Karamouzis, Nikolaos, (2016), “The Road to Recovery: Are Greek banks able to finance Greece’s economic recovery?”, Eurobank Research, 22 September The question dominating the public dialogue in Greece these days is whether the conditions are in place for the economy to return to a path of strong and sustainable economic growth. A year after the country signed its third Adjustment Programme with European partners, many wonder whether the steady and …Read More

Library » Greece » Economy » Policy Papers

Greece: Getting Out of the Recession

4 October, 2016

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Papadimitriou, Dimitri B., Nikiforos, Michalis, Zezza, Gennaro, (2016), “Greece: Getting Out of the Recession”, Levy Economics Institute of Bard College, September The Greek government has agreed to a new round of fiscal austerity measures consisting of a sharp increase in taxes on income and property and further reductions in pension and other welfare-related expenditures. Based on our model of the Greek economy, policies aimed at reducing the government deficit will cause a recession, …Read More

Library » Greece » Economy » Policy Papers

How to boost export performance in Greece

29 September, 2016

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de la Maisonneuve, Christine, (2016), “How to boost export performance in Greece”, OECD Publishing, 13 May This paper analyses the structure of Greek exports and presents policy recommendations to boost export performance. Despite recent improvements, export performance deteriorated in the last decade particularly in the service sector. The decline in unit labour costs since the beginning of the crisis has restored cost competitiveness, but the response of exports has been …Read More

Library » Greece » Economy » Scientific Articles

Staff Concluding Statement of the 2016 Article IV Mission

26 September, 2016

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IMF, (2016), “Staff Concluding Statement of the 2016 Article IV Mission”, International Monetary Fund, 23 September A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use …Read More

Library » Greece » Economy » Reports

The Greek crisis is a crisis of production, not of public finance

20 September, 2016

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Lyberaki, Antigone, (2016), “The Greek crisis is a crisis of production, not of public finance”, LSE Blog, 16 September The Greek economic crisis is a crisis of production. Its key actor is a unique feature of the economy, the Greek family firm. Seen through that prism, the crisis is simply another episode in the story of how small firms tried to fit into the world economy as that was becoming increasingly …Read More

Library » Greece » Economy » Opinion Articles

Holding out for a better deal: Brinkmanship in the Greek bailout negotiations

14 September, 2016

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Pitsoulis, Athanassios, Schwuchow, Soeren C., (2016), “Holding out for a better deal: Brinkmanship in the Greek bailout negotiations”, European Journal of Political Economy, 9 September Greece and its creditors concluded negotiations over a third bailout by signing a Memorandum of Understanding on 19 August 2015. The dominant view among most economic policy analysts and commentators seems to be that the actions of the Greek government in the months before the deal had …Read More

Library » Greece » Economy » Politics » Scientific Articles

Grexit and Brexit, past and future: Intertwined tales?

20 July, 2016

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Tinios, Platon, (2016), “Grexit and Brexit, past and future: Intertwined tales?”, LSE Greece, 19 June Only one letter separates Grexit from Brexit. Against expectations Grexit (from the Eurozone) did not materialise in 2015. A year later, expectations were also confounded as Brexit (from the EU) inexorably unfolds. The two processes, one contingent and the other all too real, have intertwined in the past: the Greek crisis provided a potent image of what …Read More

Library » Greece » Economy » Opinion Articles

No respite: Greece’s relationship with Europe after Brexit

28 June, 2016

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Chryssogelos, Angelos, (2016), “No respite: Greece’s relationship with Europe after Brexit”, LSE blog, 27 June The vote for Brexit in the referendum of 23 June has obvious immediate effects for Greece. Increased uncertainty will hamper Greece’s economic recovery. When the UK formally exits the EU, the consequences for Greek workers and students there as well as for Greek tourism will be negative. But it is important to also assess the place …Read More

Library » Greece » Economy » Opinion Articles

Structural and Cyclical Factors of Greece’s Current Account Balances: A Note

23 June, 2016

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Bardakas, Ioanna C., (2016), “Structural and Cyclical Factors of Greece’s Current Account Balances: A Note”, Bank of Greece, Αpril This note examines the relative importance of cyclical and structural factors in determining Greece’s current account performance. I use a number of filters to remove the long-term component and isolate the cyclical factors. It is shown that for the last 15- years the structural component explains most of the variation in the …Read More

Library » Greece » Economy » Reports

This radicalisation which is not one: contentious politics against the backdrop of the Greek crisis

16 June, 2016

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Voutyras, Savvas, (2016), “This radicalisation which is not one: contentious politics against the backdrop of the Greek crisis”, Journal of Contemporary European Studies, Volume 24 Issue 2, 4 March Since the eruption of the Greek economic crisis in 2010 and the introduction of austerity policies, Greece’s public space has become a theatre of intense political conflict in the form of social unrest, mass mobilisations, symbolic and physical clashes and political instability. …Read More

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