, notably Nobel Prize winner and New York Times columnist Paul Krugman, who claimed that Greece suffered from austerity. Because …This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the … onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece …

persistently large budget and trade deficits. In 2015, under its third EU and IMF bailout, Greece has entered a spiral of … result of the austerity measures introduced as required to receive bailout funding. As a consequence, the health and … resources. This means that Greece has high cost/low outcome education and health systems. When the economic crisis struck, the …

distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured … democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit. …

distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured … democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit. …

Greek’s government debt based on Greece meeting certain targets for structural economic reforms in areas such as its labor … market and pensions sector.The authors argue that the position of the European institutions that debt relief for Greece … cannot be part of an agreement is based on the illusion that Greece will be able to service its sovereign debt and reduce its …

reforms, nor are Southerners willing to invest in their countries in a climate of austerity and policy uncertainty imposed, in … especially Greece - to a much happier future, and promote the chances for more balanced economic performance in North and South. …

Member State to resort to the then ad hoc EU-IMF financial assistance cooperation was Greece, opening the door of the … Eurozone Member States that eventually requested EU-IMF financial assistance (Greece, Ireland, Portugal, Spain, Cyprus), Greece … is the only one still receiving assistance. Despite the importance of the case of Greece, further contributions can be …

inequality and deregulation led to increasing investment of speculative capital (casino capitalism), creating a real estate … assistance then provided by the troika were tied to harsh "reforms" in the spirit of the austerity policy. This has led to a … proportions, mainly in Greece, a country which might be seen as a laboratory for this strategy. Central and Eastern European …