2021
DOI: 10.1080/23745118.2021.1895552
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The political economy of the Greek economic crisis in 2020

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Cited by 26 publications
(16 citation statements)
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“…More specifically, we are going to study the main characteristics of the Greek model of capitalism focusing on the role of the state which affects all aspects of both political and economic environment in the country. This paper complements other efforts that have been developed during last decade trying to emphasize on the significant effect of institutions to the Greek failure to support sustainable growth rates (Maris 2021;Maris et al 2021;Sklias and Maris 2013). The approach of varieties of capitalism will be used as a tool to understand not only the reasons of the eruption of the Greek economic crisis, but also the long-run institutional weaknesses and the main characteristics of the Greek model of capitalism.…”
Section: Introductionmentioning
confidence: 86%
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“…More specifically, we are going to study the main characteristics of the Greek model of capitalism focusing on the role of the state which affects all aspects of both political and economic environment in the country. This paper complements other efforts that have been developed during last decade trying to emphasize on the significant effect of institutions to the Greek failure to support sustainable growth rates (Maris 2021;Maris et al 2021;Sklias and Maris 2013). The approach of varieties of capitalism will be used as a tool to understand not only the reasons of the eruption of the Greek economic crisis, but also the long-run institutional weaknesses and the main characteristics of the Greek model of capitalism.…”
Section: Introductionmentioning
confidence: 86%
“…The last Greek economic crisis affected all aspects of the social life in the country, worsening the economic indicators and the relationship between the citizens and the state. Several studies have been published during last year's highlighting various aspects of the Greek economic crisis (see among others, Maris et al 2021;Pagoulatos 2020;Lapavitsas 2019;Featherstone 2011). All these approaches provided specific answers regarding the main causes of the eruption of the Greek economic crisis as well as the proposals to deal with.…”
Section: Introductionmentioning
confidence: 99%
“…Further, as the COVID-19 pandemic hampers revenue-based collections, the negative outlook on those communities' financing dangers turns out to be more exposed 27 . As such, the enormous gross borrowing necessities, which entail the external bilateral debt's amortization and the need to refinance a large stock of short-term domestic debt, have seen rating agency Moody's change the Western Balkan Societies sovereign credit outlook to "negative" from a previous perspective of "stable" 32 In light of the COVID-19 pandemic, development is anticipated to reduce to 1.0%. This is primarily due to:…”
Section: Experienced Difficulties In Accessing Health Servicesmentioning
confidence: 99%
“…Further, as the COVID-19 pandemic hampers revenue-based collections, the negative outlook on those communities' financing dangers turns out to be more exposed 27 . As such, the enormous gross borrowing necessities, which entail the external bilateral debt's amortization and the need to refinance a large stock of short-term domestic debt, have seen rating agency Moody's change the Western Balkan Societies sovereign credit outlook to "negative" from a previous perspective of "stable" 32 In light of the COVID-19 pandemic, development is anticipated to reduce to 1.0%. This is primarily due to:…”
Section: Experienced Difficulties In Accessing Health Servicesmentioning
confidence: 99%