Political Economy Perspectives on the Greek Crisis

Offers an economic explanation to the failures of both the Greek economy as well as systemic failures of the euro architecture and the operations of EU authorities
Brings together contributions from economists with a wide range of expertise
Contributes to the on-going public debate about the sources of failure of other peripheral EU countries in providing economic prosperity since 2008
Provides a balance of theoretical argument, empirical evidence, and a range of perspectives on the Greek case

Autorentext
Ioannis Bournakis is Senior Lecturer in Economics at Middlesex University, UK. He has an MSc in Economics and Econometrics from the University of Manchester, UK and a PhD in Economics from the University of Kent, UK. His research interests are in the fields of international trade, economic growth and applied macroeconomics.

Christopher Tsoukis is Senior Lecturer in Economics at Keele University, UK, specialising in macroeconomics. His research interests include behavioural and social macroeconomics, fiscal policy, political economy and the economy of Greece.

Dimitris K. Christopoulos is Professor of Economics at Panteion University in Athens, Greece. Dimitris has a BA in Economics from Athens University of Economics and Business, and a PhD from Panteion University. His main research interests are in the areas of economic growth, economic development, microeconomics and non-linear models.

Theodore Palivos is Professor of Economics at Athens University of Economics and Business and Senior Fellow at the Rimini Center for Economic Analysis. He has a PhD from Penn State University, US. His current research interests are in the areas of labour economics, macroeconomics, and public economics.

Inhalt
Chapter 1: On the political economy of the Greek crisis: Introduction and background.- Chapter 2: The Eurozone crisis: A near-perfect case of mismanagement.- Chapter 3: Structural Reforms in the EU.- Chapter 4: The Responsibility of the EU.- Chapter 5: On the institutional responses to the Euro crisis: Is there a role for 'German Macroeconomics'?- Chapter 6: Austerity and the Greek Dra(ch)ma: Three economists's views and a comment.- Chapter 7: A Macroeconomic perspective on the Greek debt crisis.- Chapter 8: On the role of the credit rating agencies in the Euro zone crisis.- Chapter 9: The Greek Great Depression: A General Equilibrium study of its Drivers.- Chapter 10: The limits of austerity: The fiscal multiplier and the 'Debt Laffer Curve'.- Chapter 11: Fiscal Consolidation Policies and the Underground Economy in Greece.- Chapter 12: Output and Unemployment: Estimating the Okun's Law for Greece.- Chapter 13: On the Determinants of Non-Performing Loans (NPLs): Lessons from Greece.- Chapter 14: Who Exports High-Quality Manufacturing Products? Some Empirical Regularities from Greek Exporting Firms.- Chapter 15: Spatial Structure and Spatial Dynamics of Regional Incomes in Greece.- Chapter 16: Greece's Loss of competitiveness: A survey and Concluding Remarks. <p