The deficiency of the country regarding its manufacturing base is related with a series of facts that show how in a changing world a balanced corporate landscape is directly related with key dimensions of governance and institutional quality, as well as the efficiency of public policies like...

The hesitation of many conventional-wisdom economists to rely more aggressively on fiscal policy measures in order to keep their public finances more or less balanced may have contributed to the persisting current slowdown. We discuss the potential of active fiscal policies in stimulating growth...

Chapter 3 of the book Greece From exit to recovery?, Brookings Institution Press 2014, investigates the relationship between key aspects of the institutional environment, infrastructure, and qualitative aspects of the education system. A literature review is paired with the examination of key...

The Greek economy of the 90's poses a unique international paradox. It combines strong economic performance that is rapid GDP growth and strong productivity growth, with a very weak performance on many other fronts that range from poor labor/product market institutions and low competitiveness,...