Beyond austerity : reforming the Greek economy / edited by Costas Meghir, Christopher A. Pissarides, Dimitri Vayanos and Nikolaos Vettas.

Format:

Book

Contributor:

Meghir, Costas, editor.

Pissarides, Christopher A., editor.

Vayanos, Dimitri, editor.

Vettas, Nikolaos, editor.

Language:

English

Subjects (All):

Financial crises--Greece.

Financial crises.

Economic conditions.

Greece--Economic policy--1974-2009.

Greece.

Economic policy.

Greece--Economic conditions--21st century.

Physical Description:

1 online resource (x, 720 pages) : illustrations

Place of Publication:

Cambridge : MIT Press Limited, [2017]

System Details:

text file

Summary:

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.0Individual 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.

Contents:

IV Raising Standards in Education and Health 307

8 Education and the Greek Economy / Nikolaos Vettas Vettas, Nikolaos 309

9 Reforming Health Care in Greece: Balancing Fiscal Adjustment with Health Care Needs / Panos Kanavos Kanavos, Panos, Kyriakos Souliotis Souliotis, Kyriakos 359

V Taxation and Public Transfers 403

10 Tax and Welfare Reform in Greece / Maria Flevotomou Flevotomou, Maria, Michael Haliassos Haliassos, Michael, Christos Kotsogiannis Kotsogiannis, Christos, Costas Meghir Meghir, Costas 405

11 Pensions: Arresting a Race to the Bottom / Stavros Panageas Panageas, Stavros, Platon Tinios Tinios, Platon 459

IV Law and Order and Public Administration 517

12 The Greek Justice System: Collapse and Reform / Elias Papaioannou Papaioannou, Elias, Stavroula Karatza Karatza, Stavroula 519

13 Thinking about Corruption in Greece / Costas Azariadis Azariadis, Costas, Yannis M. Ioannides Ioannides, Yannis M. 589

14 Public Administration and the Tragic Trident: Understanding the Organizational and Structural Drivers of the Greek Malaise / Michael G. Jacobides Jacobides, Michael G. 621

15 The Dysfunctional Structure of Greek Public Administration and the Challenges in Reforming It / Panagiotis Karkatsoulis Karkatsoulis, Panagiotis, Efi Stefopoulou Stefopoulou, Efi 677.

Notes:

OCLC-licensed vendor bibliographic record.

ISBN:

9780262339216

0262339218

OCLC:

1006377644

Access Restriction:

Restricted for use by site license.