Crisis, Reform and the Way Forward in Greece A Turbulent Decade
This volume discusses different aspects of Greece’s political economy during the past decade and reflects on the country’s path ahead, examining the major question: did this challenging period succeed in providing a window of opportunity for deeper institutional and societal change? The authors seek to contribute to the discussion of the dynamics of stability and change, of the nexus between external pressure and domestic agency.
Greece offers a most interesting case study, as much in analytical as in empirical terms. Never before did a euro area member require three macroeconomic adjustment programmes under stringent policy conditionality and external supervision. This experience shattered past certainties and reshaped the political landscape. A decade later Greece was starting to recover and received international recognition for its reform efforts. However, the COVID-19 pandemic provided an external shock that risks derailing such achievements.
The volume includes chapters by academics and researchers from different professional backgrounds: history, economics, public law, political science, public administration and political economy. Their diverse experience and viewpoints contribute to multidimensional analyses in subject areas such as Greece’s constitutional structure, public sector reforms, labour market developments, China’s expanding investment footprint and product market reforms.
The Editor and Contributors
Part I Looking Back: Shattered Certainties and Resilience
1 The Adventure of Globalization and the Greek State in the late 20th and early 21st Centuries
2 Anni Horribili: The Years that Changed Greece
3 The Years that Changed the EU: The Greek Crisis and Euro Area Reform
4 From ‘Black Sheep of the Eurozone’ to ‘European Shield’: Ten Years of Crisis Politics in Greece
5 Prime Minister and State-strategy: On the Risks and Value of Simplicity, in Response to Endemic Crisis
Ioannis A. Tassopoulos
6 Greece and the EU: Official Discourse and Public Opinion in the Aftermath of the Crisis
Part II Looking Ahead: Opportunities and Challenges
7 Public Sector Restructuring and Marketization Reforms
8 Reversing Policy Legacies: The Significance of Administrative Reforms
9 Attracting FDI in Greece: China’s Growing Footprint since 2009
10 Reforming to Stay in the Single Market: Product Market Reforms for an Export-oriented Economy
11 The Divergent Greek Labour Markets
Christos A. Ioannou
12 Challenges and Opportunities in a Post-pandemic Greece