Recent years have seen a significant focus in the literature on growth and development on the idea that legal and political institutions are the key determinant of economic development. The main finding of this paper is that the focus on the primacy of legal and political institutions may be...

This book assesses the current state of the Greek economy and detects its development and growth prospects up to 2030. The analysis begins with 19th century Greece, addressing the repeated defaults that led to the formation of a dependent state, and the failed modernizing attempts. Then the book...

1. A Brief Economic History of Repeated Defaults -- 2. The Institutional Evolution and the Failed Modernizing Attempts -- 3. The Geostrategic Settings, National Resources, and the Systemic Risks -- 4. The Formation of Idiosyncratic Structure of Institutions and Culture -- 5. Sustainable...