Publications

22 publications found, searching for 'Greek Economy '

• Policy Note No. 2025/5
  July 30, 2025

  Working Harder, Paying Less: Wage Suppression in Greece

  Vlassis Missos and Nikolaos Rodousakis
  Abstract

  The state of the labor market in Greece exemplifies the socioeconomic damage caused by austerity.[i] More than 15 years into a recession that has proven both deep and enduring, signs…more

  Download Policy Note 2025/5 PDF (643.45 KB)
• Strategic Analysis
  March 26, 2025

  Greece: Growing on an Unsustainable Path

  Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  Greece has been among the fastest growing economies among the EU member states in the post-COVID-19 period. However, in a previous (February 2024) report, Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro…more

  Download Strategic Analysis, March 2025 PDF (972.75 KB)
• Strategic Analysis
  February 15, 2024

  Greece: Time to Reduce the Dependency on Imports

  Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  In this report, Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano T. Yajima, and Gennaro Zezza investigate the determinants of the recent performance of the Greek economy. Despite geopolitical instability from the…more

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• Policy Note No. 2023/2
  June 26, 2023

  Οι Προκλήσεις της Νέας Κυβέρνησης στην Ελλάδα

  Dimitri B. Papadimitriou and Nikolaos Rodousakis
• Policy Note No. 2023/2
  June 26, 2023

  The Challenges for the New Greek Government

  Dimitri B. Papadimitriou and Nikolaos Rodousakis
  Abstract

  Following the recent (June 25, 2023) elections in Greece, Institute President Dimitri B. Papadimitriou and Research Scholar Nikolaos Rodousakis outline the economic and policy challenges facing the Greek government.

  Download Policy Note 2023/2 PDF (394.49 KB)
• Policy Note No. 2023/1
  May 01, 2023

  Greece: Higher GDP Growth at What Cost?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Giuliano Toshiro Yajima
  Abstract

  In 2022, Greek GDP grew at a higher rate than the eurozone average as the nation’s economy rebounded from the COVID-19 shock. However, it was not all welcome news. In…more

  Download Policy Note 2023/1 PDF (435.05 KB)
• Strategic Analysis
  October 13, 2022

  Ελλάδα: Ανάκαμψη, ή μια νέα Ύφεση;

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  Σε αυτή τη στρατηγική ανάλυση, ο Πρόεδρος του Ινστιτούτου Δημήτρης Παπαδημητρίου, ο ερευνητής Gennaro Zezza και ο επιστημονικός συνεργάτης Νίκος Ροδουσάκης αναλύουν τις μεσοπρόθεσμες προοπτικές για την ελληνική οικονομία, σε…more

  Download ΕΛΛΑΔΑ ΣΤΡΑΤΗΓΙΚΗ ΑΝΑΛΥΣΗ 10 2022 PDF (1.27 MB)
• Strategic Analysis
  October 13, 2022

  Greece: Recovery, or Another Recession?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  In this strategic analysis, Institute President Dimitri B. Papadimitriou, Senior Scholar Gennaro Zezza, and Research Associate Nikolaos Rodousakis discuss the medium-term prospects for the Greek economy in a time of…more

  Download Strategic Analysis, October 2022 PDF (1.18 MB)
• Working Paper No. 1010
  September 06, 2022

  Reflections on Angela Merkel’s Career as Chancellor of Germany and the Greek Financial Odyssey

  George Zestos, Harrison Whittleton, and Alejandro Fernandez-Ribas
  Abstract

  Angela Merkel is the second-longest-serving chancellor of modern Germany, with more than 16 years in office. During her tenure there were many years of economic stability, but there were also…more

  Download Working Paper No. 1010 PDF (500.97 KB)
• Policy Note No. 2022/2
  April 22, 2022

  A Race to the Bottom

  Nikolaos Rodousakis, Vlassis Missos, and George Soklis
  Abstract

  More than a decade after the 2009 crisis, the standards of living of the Greek population are still contracting and the prospects are gloomy. In this policy note, Vlassis Missos,…more

  Download Policy Note 2022/2 PDF (661.02 KB)
• Policy Note No. 2022/1
  February 25, 2022

  What Is Happening to the New Greek National Accounts Data?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  In 2020, the Hellenic Statistical Authority (ElStat) started a revision of the national accounts for Greece to bring them into line with the new European System of Accounts. Data from…more

  Download Policy Note 2022/1 PDF (1.17 MB)
• Policy Note No. 1
  February 25, 2022

  Τι συμβαίνει με τα νέα δεδομένα των ελληνικών Εθνικών Λογαριασμών;

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  Tο 2020, η Ελληνική Στατιστική Αρχή (ΕΛΣΤΑΤ) ξεκίνησε την αναθεώρηση των εθνικών λογαριασμών για την Ελλάδα, προκειμένου να εναρμονιστούν με το νέο Ευρωπαϊκό Σύστημα Λογαριασμών. Τα δεδομένα από τους εθνικούς…more

  Download ΣΗΜΕΙΩΜΑΤΑ ΠΟΛΙΤΙΚΗΣ No. 1 | Μάρτιος 2022 PDF (2.11 MB)
• Policy Note No. 2021/4
  November 10, 2021

  A Recovery for Whom?

  Nikolaos Rodousakis, Vlassis Missos, and George Soklis
  Abstract

  The COVID-19 pandemic has revealed multiple risks faced by economies whose production structures depend on the volatility of international conditions. In the case of Greece, this has manifested itself in…more

  Download Policy Note 2021/4 PDF (132.08 KB)
• Public Policy Brief No. 151
  June 16, 2020

  Crisis, Austerity, and Fiscal Expenditure in Greece

  Michalis Nikiforos
  Abstract

  This policy brief provides a discussion of the relationships between austerity, Greece’s macroeconomic performance, debt sustainability, and the provision of healthcare and other social services over the last decade. It…more

  Download Public Policy Brief No. 151, 2020 PDF (841.90 KB)
• Working Paper No. 949
  February 12, 2020

  A Labor Market–Augmented Empirical Stock-Flow Consistent Model Applied to the Greek Economy

  Christos Pierros
  Abstract

  This paper extends the empirical stock-flow consistent (SFC) literature through the introduction of distributional features and labor market institutions in a Godley-type empirical SFC model. In particular, labor market institutions,…more

  Download Working Paper No. 949 PDF (1.32 MB)
• Strategic Analysis
  January 17, 2020

  Greece: In Search of Investors

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  2019 marked the third year of the continuing economic recovery in Greece, with real GDP and employment rising, albeit at modest rates. In this Strategic Analysis we note that the…more

  Download Strategic Analysis, January 2020 PDF (786.47 KB)
• Working Paper No. 919
  January 16, 2019

  On the Design of Empirical Stock-Flow-Consistent Models

  Gennaro Zezza and Francesco Zezza
  Abstract

  While the literature on theoretical macroeconomic models adopting the stock-flow-consistent (SFC) approach is flourishing, few contributions cover the methodology for building a SFC empirical model for a whole country. Most…more

  Download Working Paper No. 919 PDF (1.23 MB)
• Working Paper No. 867
  May 18, 2016

  The Greek Public Debt Problem

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  This paper examines the issue of the Greek public debt from different perspectives. We provide a historical discussion of the accumulation of Greece’s public debt since the 1960s and the…more

  Download Working Paper No. 867 PDF (522.33 KB)
• Policy Note No. 5
  August 05, 2015

  The BRICS Initiatives in the Current Global Conjuncture

  Sunanda Sen
  Abstract

  Developing countries, led by China and other BRICS members (Brazil, Russia, India, and South Africa), have been successfully organizing alternative sources of credit flows, aiming for financial stability, growth, and…more

  Download Policy Note 2015/5 PDF (176.11 KB)
• Policy Note No. 1
  February 12, 2015

  Europe at the Crossroads

  Jan Kregel
  Abstract

  Given the continuing divergence between progress in the monetary field and political integration in the euro area, the German interest in imposing austerity may be seen as representing an attempt…more

  Download Policy Note 2015/1 PDF (365.05 KB)
• Policy Note No. 1
  February 12, 2015

  Η Ευρώπη στο σταυροδρόμι

  Jan Kregel
  Abstract

  Με δεδομένη τη συνεχιζόμενη απόκλιση ανάμεσα στην πρόοδο στον τομέα της νομισματικής και της πολιτικής ολοκλήρωσης στη ζώνη του ευρώ, το ενδιαφέρον της Γερμανίας σχετικά με την επιβολή της λιτότητας…more

  Download Σημείωμα Πολιτικής 2015/1 PDF (571.29 KB)
• Public Policy Brief No. 133
  May 14, 2014

  Dead Economic Dogmas Trump Recovery: The Continuing Crisis in the Eurozone Periphery

  C. J. Polychroniou
  Abstract

  The “happy talk” emanating from eurozone officials regarding the economic crises in the periphery deserves some vigorous pushback. Focusing on the four bailed-out countries of Greece, Ireland, Portugal, and Spain,…more

  Download Public Policy Brief No. 133, 2014 PDF (297.24 KB)