Short description:

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 the window of opportunity for deeper institutional and societal change?

Long description:

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.

Table of Contents:

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The Editor and Contributors

Introduction

1 The Adventure of Globalization and the Greek State in the late 20th and early 21st Centuries

Kostas Kostis

2 Anni Horribili: The Years that Changed Greece

George Papaconstantinou

3 The Years that Changed the EU: The Greek Crisis and Euro Area Reform

George Papaconstantinou

4 From ?Black Sheep of the Eurozone? to ?European Shield?: Ten Years of Crisis Politics in Greece

Lamprini Rori

5 Prime Minister and State-strategy: On the Risks and Value of Simplicity, in Response to Endemic Crisis

6 Greece and the EU: Official Discourse and Public Opinion in the Aftermath of the Crisis

7 Public Sector Restructuring and Marketization Reforms

Manto Lampropoulou

8 Reversing Policy Legacies: The Significance of Administrative Reforms

9 Attracting FDI in Greece: China?s Growing Footprint since 2009

Jens Bastian

10 Reforming to Stay in the Single Market: Product Market Reforms for an Export-oriented Economy

Michael. Mitsopoulos

11 The Divergent Greek Labour Markets

12 Challenges and Opportunities in a Post-pandemic Greece

Jens Bastian