This volume showcases for the first time in the Clarendon Ancient History Series one of the best-known prose authors of classical Athens: Xenophon. Poroi (or, Revenue-Sources) was the final work of his large and varied output, written in the mid-350s BCE at a time when Athens had failed to...

Chapter 1: Navigating the New Era: Interdisciplinary Insights into Greece's Political Economy of Evaluation -- Part A. Policy Evaluation in Times of Change -- Chapter 2: Evaluation in the Polycrisis Epoche -- Chapter 3: The Key Horizontal Principles in the Evaluation Practice: From Necessity to...

During the last decade, a number of new financial instruments and derivative products related to the Greek drachma have emerged in local as well as international capital markets. The paper analyzes the characteristics of these financial instruments which are traded in organized exchanges and...

This paper compares the experience with exchange-rate–based stabilization (ERBS) of four Western European countries with that of high-inflation developing countries. In general, the behavior of key macroeconomic variables—inflation, output, demand, the real exchange rate and the current...

This Selected Issues paper and Statistical Appendix presents a number of studies designed to probe in more depth issues of fiscal adjustment, the public sector’s creditworthiness as judged by foreign lenders, and the banking system in Greece. The paper highlights that fiscal adjustment in...

This Selected Issues paper explores the determinants of Greece’s potential output, an exercise that could shed light on its current cyclical position, as well as on its medium-term growth prospects. To that end, a production function is estimated, with capital and labor as factors of...

The Report on the Observance of Standards and Codes (ROSC) Data Module provides a review of Greece’s data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS), complemented by the in-depth assessment of the quality of Greece’s national accounts, consumer...

This paper provides an assessment of Greece’s competitiveness, export performance, and national saving and investment. It examines the Greek tax ratio and structure, and places them in the EU context. It also reviews the design of the various tax categories, and identifies the scope for...

This report provides an assessment of fiscal transparency practices in Greece in relation to the requirements of the IMF Code of Good Practices on Fiscal Transparency. The assessment reveals that Greece has made progress, in recent years, in meeting the requirements of the fiscal transparency...

The Greek economy showed strength supported by solid gains in employment, substantial real wage increases, low interest rates, and rapid credit expansion. Executive Directors appreciated the performance of the banking system and welcomed the Bank of Greece’s efforts to strengthen provisioning...