01820nam a2200133Ia 4500020001800000082002000018245005200038260003100090300001200121520142900133650003901562650005801601700002701659  a9780262035835  a330.09495bBEY- 0aBeyond austerityb: Reforming the Greek Economy  aCambridgebMIT Pressc2017  ax, 720p  aMore than eight years after the global financial crisis began, the economy of Greece shows little sign of recovery, and its position in the eurozone seems tenuous. Between 2008 and 2014, incomes in Greece shrank by more than 25 per cent, homes lost more than a third of their value, and the unemployment rate reached 27 percent. Most articles on Greece in the media focus on the effects of austerity, repayment of its debt, and it's future in the eurozone. In Beyond Austerity: Reforming the Greek Economy, leading Greek economists from institutions both with in and outside Greece, take a broader and deeper view of the Greek crisis, examining the pathologies that made Greece vulnerable to the crisis and the implications for the entire eurozone.

Each chapter takes on a specific policy area, examining it in terms of Greece's economic reality and offering possible directions for policy. The topics range from macroeconomic issues to markets and their regulation to finance to the public sector. Individual chapters address the costs and benefits of participation in the eurozone, Greece's international competitiveness, taxation, pensions, the labour market, privatization, product markets, finance, education, healthcare, corruption, the justice system, and public administration. The contributors argue that Greek institutions require a deep overhaul rather than quick fixes to enable long-term growth and prosperity.  aEconomic HistoryvEurozonezEurope  aEconomic PolicyvFinancial Crises (2008-2009)zGreece  aMeghir, Costas. et al.