Greece’s New Political Economy: State, Finance, and Growth from Postwar to EMUGreece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political economy in the light of major contemporary debates. |
Contents
| 1 | |
2 Regime Dependencies and the Political Economy of Postwar Economic Policies | 20 |
3 Policy Paradigms Financial Intervention and the Limits of Developmentalism | 48 |
Regime Change Democratization and the Decline of Developmentalism | 80 |
5 Central Bank Government and the Politics of Financial Liberalization | 112 |
Winners and Losers of Financial Reform | 138 |
7 The New Political Economy of Financial IntegrationGlobalization and the EMU | 168 |
Beyond the New Political Economy | 199 |
Governments and Prime Ministers in Greece19502000 | 224 |
Clientelistic Policies of the Currency Committee | 226 |
Financial Liberalization in Greece Selected Measures | 227 |
Notes | 229 |
| 241 | |
| 261 | |
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Greece’s New Political Economy: State, Finance, and Growth from Postwar to EMU George Pagoulatos No preview available - 2003 |
Common terms and phrases
able activity adjustment agricultural allowed associated authorities banks capital central Chapter commercial banks Committee compared competition considerable cost countries currency debt decisions deficits demand dependencies deposits deregulation developmental direct domestic early economic economic policy effects especially European exchange expansion exports extensive external factors favored Figure financial interventionism firms fiscal followed forced foreign framework funds given globalization Greece Greek groups growth higher important increased independence industrial inflation influence institutions interest interest rates investment Italy labor lack lending less liberalization limited loans macroeconomic major manufacturing ment monetary policy objectives official operate party percent period planning policymaking political postwar pressure production profits rates reform regime relatively remained result rise role sector short-term social Source stability strategy structural tion trade union wage