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Title Details:
The Greek Economic Crisis and the Conditionality program
Authors: Pelagidis, Theodoros
Reviewer: Chionis, Dionysios
Subject: LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > PUBLIC ECONOMICS
Keywords:
The Greek Economy
Economic Crisis
Economic Growth
Structural Reforms
Fiscal Balance
Description:
Abstract:
This chapter focuses on the period 2009-2014, i.e. the period of the great Greek economic recession. The economic analysis is supplemented with a detached recounting of events that led successive Greek governments in agreement with the creditors. Analysis include details of the program, as well as successive governments' reactions and implementation of the conditionality measures. An explanation of the deterioration of certain economic and financial indices are provided to illustrate certain failures of the program. The chapter focuses also on the provisions and implementation of the MoU as well as the implementation of the Medium-Term Fiscal Strategy. The chapter concludes with issues regarding the implementation of the agreement.
Table of Contents:
7.1 How the crisis unfolded and how initially reacted the Greek Government
7.2 What was originally envisaged in the Memorandum
7.3 The implementation of the MoU until July 2011
7.4 July 2011 and the implementation of the Medium-Term Fiscal Strategy (MTFS)
7.5 After October 2011: Greece and the new economic governance structure in Europe
References
Technical Editors: Chryssos, Vassilis
Type: Chapter
Creation Date: 2015
Item Details:
License: http://creativecommons.org/licenses/by-nc-nd/3.0/gr
Handle http://hdl.handle.net/11419/1184
Bibliographic Reference: Pelagidis, T. (2015). The Greek Economic Crisis and the Conditionality program [Chapter]. In Pelagidis, T. 2015. Analysis of the Greek Economy [Undergraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/1184
Language: Greek
Is Part of: Analysis of the Greek Economy
Number of pages 36
Publication Origin: Kallipos, Open Academic Editions