The crisis in Greece Missteps and miscalculations /
Andersen, Benny
The crisis in Greece Missteps and miscalculations / [Recurso electrónico] : Benny Andersen , Servicio en línea - Bruselas: European Union Publications Office, 2020 - 1 recurso electrónico
This paper analyses the origins of the Greek economic and financial crisis, covering 1981 to 2012. The work depicts how unsustainable imbalances built up over a prolonged period, often fueled by ample low-cost financing sources. It analyses the underlying forces such as institutional shortcomings, data misreporting, and deeply engrained social values and practices that nurtured a climate of widespread corruption and political favoritism. The paper addresses the achievements and shortcomings of the 2010 international support programme and its overall weak traction in Greece. While deficiencies in international surveillance and financial architecture played a role, the paper concludes that the key drivers of the crisis and of the mixed progress in the previous decades were home-grown.
Disponible solo en los productos indicados vLex Global vLex Global (Academic Edition, excluding Law Schools) vLex Global (U.S. Academic Edition, Law Schools) vLex Global (U.S. Academic Edition, excluding Law Schools) vLex Global (Academic Edition, Law Schools)
978-92-95085-85-5
Derecho Comunitario--Unión Europea
The crisis in Greece Missteps and miscalculations / [Recurso electrónico] : Benny Andersen , Servicio en línea - Bruselas: European Union Publications Office, 2020 - 1 recurso electrónico
This paper analyses the origins of the Greek economic and financial crisis, covering 1981 to 2012. The work depicts how unsustainable imbalances built up over a prolonged period, often fueled by ample low-cost financing sources. It analyses the underlying forces such as institutional shortcomings, data misreporting, and deeply engrained social values and practices that nurtured a climate of widespread corruption and political favoritism. The paper addresses the achievements and shortcomings of the 2010 international support programme and its overall weak traction in Greece. While deficiencies in international surveillance and financial architecture played a role, the paper concludes that the key drivers of the crisis and of the mixed progress in the previous decades were home-grown.
Disponible solo en los productos indicados vLex Global vLex Global (Academic Edition, excluding Law Schools) vLex Global (U.S. Academic Edition, Law Schools) vLex Global (U.S. Academic Edition, excluding Law Schools) vLex Global (Academic Edition, Law Schools)
978-92-95085-85-5
Derecho Comunitario--Unión Europea
