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Beyond Austerity - Reforming the Greek Economy (Hardcover)
Loot Price: R287
Discovery Miles 2 870
You Save: R19
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Beyond Austerity - Reforming the Greek Economy (Hardcover)
Series: Beyond Austerity
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List price R306
Loot Price R287
Discovery Miles 2 870
You Save R19 (6%)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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Prominent economists present detailed analyses of the conditions
that made Greece vulnerable to economic crisis and offer policy
recommendations for comprehensive and radical change. More than
eight years after the global financial crisis began, the economy of
Greece shows little sign of recovery, and its position in the
eurozone seems tenuous. Between 2008 and 2014, incomes in Greece
shrank by more than 25 percent, homes lost more than a third of
their value, and the unemployment rate reached 27 percent. Most
articles on Greece in the media focus on the effects of austerity,
repayment of its debt, and its future in the eurozone. In Beyond
Austerity: Reforming the Greek Economy, leading Greek economists
from institutions both within and outside Greece, take a broader
and deeper view of the Greek crisis, examining the pathologies that
made Greece vulnerable to the crisis and the implications for the
entire eurozone. Each chapter takes on a specific policy area,
examining it in terms of Greece's economic reality and offering
possible directions for policy. The topics range from macroeconomic
issues to markets and their regulation to finance to the public
sector. Individual chapters address the costs and benefits of
participation in the eurozone, Greece's international
competitiveness, taxation, pensions, the labor market,
privatization, product markets, finance, education, healthcare,
corruption, the justice system, and public administration. The
contributors argue that Greek institutions require a deep overhaul
rather than quick fixes to enable long-term growth and prosperity.
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