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│ ECO/WKP(2018)54 BOOSTING INVESTMENT IN GREECE UnclassifiedOECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s).Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.Comments on Working Papers are welcomed, and may be sent to This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.
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ABSTRACT/RÉSUMÉ
Boosting investment in GreeceAggregate investment has declined markedly over the crisis and has yet to recover. Reviving domestic and foreign investment is crucial to supporting the economic recovery, deepen Greece's integration into global value chains and raising living standards. This will hinge primarily on improving the business environment, by lifting barriers to product market competition and enhancing the quality of regulation. Other key policies involve fully implementing the recent insolvency reforms, building an innovation system, overcoming problems in the banking sector and enhancing the quality of public investment through a longterm strategy.L'investissement global a considérablement diminué pendant la crise, et il lui faut désormais remonter la pente. Redonner un coup de fouet aux investissements, intérieurs et étrangers, est une nécessité cruciale pour soutenir le redressement économique de la Grèce, mieux intégrer le pays dans les chaînes de valeur mondiales et rehausser le niveau de vie général. Tout dépendra au premier chef d'une amélioration du climat des affaires, qui passera par la levée des obstacles à la concurrence sur les marchés...