By Panagiotis E. Petrakis
On June three, 2015, the Greek Parliamentary funds place of work, the nationwide and Kapodistrian college of Athens, the Democritus collage of Thrace, and the collage of Peloponnese backed a world convention to handle medium- and long term development in Greece. This assortment provides the most powerful papers at the stipulations required to restore and preserve monetary progress. top specialists conceal nearly each significant factor pointed out within the most up-to-date literature, from demographic matters and suggestions for export technique to the necessity for innovation and structural reform. the combo of qualitative and quantitative methods to assessing current stipulations make this ground-breaking assortment a invaluable source for numerous lecturers, expert economists, and financial coverage practitioners planting the seeds of Greece's future.
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Additional resources for A New Growth Model for the Greek Economy: Requirements for Long-Term Sustainability
Equally important is the evaluation of the impact of the recent fiscal adjustment program for the Greek economy. From the outset of the implementation of the economic adjustment program, a significant portion of economists attributed the downturn in economic activity to fiscal consolidation and particularly to the incorrect assessment of fiscal multipliers, which rose during the crisis. The analysis advocates that these concerns are well founded, as the sharp recession and subsequent fiscal tightening policies may have led to significant output losses.
9: “Extroversion Within a New Economic Paradigm”) present the basic components of a national plan for an extroverted restructuring of production and development. They argue that the Greek economy can assume the role of both a hub and a lab for diverse qualities and innovative procedures of global significance. Developing in this direction sustains the country’s main horizontal characteristics and advantages, and also provides a way to further develop its tradition of small- and medium-sized organizations and (semi-) autonomous entrepreneurship through the introduction of modern corporatist collaborative structures.
They comprise entities with strong individual identities, histories, and cultures and in fact are a mosaic of nations and cultures intensely resistant to the surrender of their national rights. Therefore, conflicting statements by officials or, on occasion, conflicting policies are not uncommon. The basic aim of a single European currency was the establishment of a unified capital market. It was anticipated that lending rates would decrease and that large EU-27 entities would be able to satisfy their financing needs within the Eurozone.
A New Growth Model for the Greek Economy: Requirements for Long-Term Sustainability by Panagiotis E. Petrakis