Artikel

The Greek Economic Crisis, Labor Markets and Policies

The historic decision at the Euro Summit on July 12, 2015, to continue supporting Greece as a member of the EU and the euro family, provided Greece the chance to return to growth and sustainability, provided it takes the necessary steps to continue with its reforms. Jointly the Greek government with its partners (European Commission, European Central Bank and the International Monetary Fund), agreed that the success of economic policy decisions would be determined by the concentration on social policies. Policy initiatives should view reforms not as a debate between more versus less regulation, but rather as a matter of good versus bad regulation. Encouraging productive investment represents one of the main engines to sustain not just recovery but also promote productive transformations. Moreover one of the most pressing priorities for the Greek government should be to provide immediate support to vulnerable groups, to help alleviate the impact of the economic crisis, and set the stage for stable future economic growth.

Language
Englisch

Bibliographic citation
Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 84 ; Year: 2015 ; Issue: 3 ; Pages: 129-143 ; Berlin: Duncker & Humblot

Classification
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Labor Economics: General
Labor Economics: General
Economywide Country Studies: Europe
Subject
Economic crisis
labor markets
policies

Event
Geistige Schöpfung
(who)
Bozani, Vasiliki
Drydakis, Nick
Event
Veröffentlichung
(who)
Duncker & Humblot
(where)
Berlin
(when)
2015

DOI
doi:10.3790/vjh.84.3.129
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Bozani, Vasiliki
  • Drydakis, Nick
  • Duncker & Humblot

Time of origin

  • 2015

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