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Institutional Change in Greek Industrial Relations in an Era of Fiscal Crisis

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  • Horen Voskeritsian
  • Andreas Kornelakis
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    Abstract

    The main aim of this paper is to contribute to the ongoing debate on the facets of the Greek crisis via an analysis of the changes in the institutional framework of the labour market that are introduced as a result of the EU/IMF mechanism for financial support. The paper tries to make sense of the immense transformations in the Greek industrial relations system and to evaluate the direction of change, using insights from the varieties of capitalism literature. In this strand of literature it is well established that the comparative institutional advantage and high economic performance of a country depends on its overall institutional arrangement and the fit between different institutions (including the industrial relations sphere). Thus, it is important to examine the current injection of liberal market elements in the Greek industrial relations realm vis-à-vis the wider institutional context. This will allow us to gauge the suitability and chances for the implementation of IMF’s ‘one-size-fits-all’ policies.

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    Bibliographic Info

    Paper provided by Hellenic Observatory, LSE in its series GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe with number 52.

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    Date of creation: Nov 2011
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    Handle: RePEc:hel:greese:52

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    Related research

    Keywords: Austerity; Crisis; Greece; Industrial Relations; Varieties of Capitalism.;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Vassilis Monastiriotis & Andreas Antoniades, 2009. "Reform that! Greece’s failing reform technology: beyond ‘vested interests’ and ‘political exchange’," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 28, Hellenic Observatory, LSE.
    2. Alexis Heraclides, 2011. "The Essence of the Greek-Turkish Rivalry: National Narrative and Identity," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 51, Hellenic Observatory, LSE.
    3. Effie Fokas, 2008. "A new role for the church? Reassessing the place of religion in the Greek public sphere," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 17, Hellenic Observatory, LSE.
    4. Antigone Lyberaki, 2010. "The Record of Gender Policies in Greece 1980-2010: legal form and economic substance," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 36, Hellenic Observatory, LSE.
    5. Euclid Tsakalotos, 2008. "Modernization and Centre-Left Dilemmas in Greece: the Revenge of the Underdogs," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 13, Hellenic Observatory, LSE.
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    7. Maria Karamessini, 2010. "Transition Strategies and Labour Market Integration of Greek University Graduates," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 32, Hellenic Observatory, LSE.
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    14. Platon Tinios, 2010. "Vacillations around a Pension Reform Trajectory: time for a change?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 34, Hellenic Observatory, LSE.
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    17. Spyros Economides, 2008. "The Politics of Differentiated Integration: the case of the Balkans," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 18, Hellenic Observatory, LSE.
    18. Efi Vraniali, 2010. "Rethinking Public Financial Management and Budgeting in Greece: time to reboot?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 37, Hellenic Observatory, LSE.
    19. David Hugh-Jones & Alexia Katsanidou & Gerhard Riener, 2009. "Political Discrimination in the Aftermath of Violence: the case of the Greek riots," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 30, Hellenic Observatory, LSE.
    20. George Anastassopoulos & Fragkiskos Filippaios & Paul Phillips, 2007. "An ‘eclectic’ investigation of tourism multinationals’ activities: Evidence from the Hotels and Hospitality Sector in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 08, Hellenic Observatory, LSE.
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    23. Manos Matsaganis & Maria Flevotomou, 2010. "Distributional Implications of Tax Evasion in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 31, Hellenic Observatory, LSE.
    24. Theodoros S. Papaspyrou, 2007. "Economic Policy in EMU: Community Framework and National Strategies – focus on Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 04, Hellenic Observatory, LSE.
    25. Dimitris N. Chryssochoou, 2009. "Making Citizenship Education Work: European and Greek perspectives," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 27, Hellenic Observatory, LSE.
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    27. Nikos Christodoulakis, 2009. "Ten Years of EMU: convergence, divergence and new policy priorities," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 22, Hellenic Observatory, LSE.
    28. James Ker-Lindsay, 2008. "The Security Dimensions of a Cyprus Solution," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 19, Hellenic Observatory, LSE.
    29. Spyros Blavoukos & George Pagoulatos, 2008. "Fiscal Adjustment in Southern Europe: the Limits of EMU Conditionality," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 12, Hellenic Observatory, LSE.
    30. Eugenia Markova, 2010. "Effects of Migration on Sending Countries: lessons from Bulgaria," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 35, Hellenic Observatory, LSE.
    31. Vassilis Monastiriotis & Achilleas Tsamis, 2007. "Greece’s new Balkan Economic Relations: policy shifts but no structural change," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 01, Hellenic Observatory, LSE.
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    33. Iris Boussiakou, 2008. "Religious Freedom and Minority Rights in Greece: the case of the Muslim minority in western Thrace," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 21, Hellenic Observatory, LSE.
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    35. Vassilis Monastiriotis & George Petrakos, 2009. "Local Sustainable Development and Spatial Cohesion in the Post-transition Balkans: in search of a developmental model," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 29, Hellenic Observatory, LSE.
    36. Leora Klapper & Konstantinos Tzioumis, 2008. "Taxation and Capital Structure: evidence from a transition economy," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 16, Hellenic Observatory, LSE.
    37. Spyros Skouras & Nicos Christodoulakis, 2011. "Electoral Misgovernance Cycles: Evidence from wildfires and tax evasion in Greece and elsewhere," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 47, Hellenic Observatory, LSE.
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    Cited by:
    1. Platon Monokroussos & Dimitrios D. Thomakos, 2012. "Can Greece be saved? Current Account, fiscal imbalances and competitiveness," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 59, Hellenic Observatory, LSE.
    2. Yiannos Katsourides, 2013. "Political Parties and Trade Unions in Cyprus," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 74, Hellenic Observatory, LSE.
    3. Helen Caraveli & Efthymios G. Tsionas, 2012. "Economic Restructuring, Crises and the Regions: The Political Economy of Regional Inequalities in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 61, Hellenic Observatory, LSE.
    4. Emmanuel Mamatzakis, 2013. "Are there any Animal Spirits behind the Scenes of the Euro area Sovereign Debt Crisis?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 72, Hellenic Observatory, LSE.
    5. Manussos Marangudakis & Kostas Rontos & Maria Xenitidou, 2013. "State Crisis and Civil Consciousness in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 77, Hellenic Observatory, LSE.
    6. Kostas Ifantis, 2013. "The US and Turkey in the fog of Regional Uncertainty," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 73, Hellenic Observatory, LSE.
    7. Yannis Valinakis, 2012. "Greece’s European Policy Making," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 63, Hellenic Observatory, LSE.
    8. Vassilis Monastiriotis & Angelo Martelli, 2013. "Beyond Rising Unemployment: Unemployment Risk, Crisis and Regional Adjustments in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 80, Hellenic Observatory, LSE.
    9. Prodromos Vlamis, 2013. "Greek Fiscal Crisis and Repercussions for the Property Market," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 76, Hellenic Observatory, LSE.
    10. George Alogoskoufis, 2012. "Greece’s Sovereign Debt Crisis: Retrospect and Prospect," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 54, Hellenic Observatory, LSE.
    11. Spyros Kosmidis, 2013. "Government Constraints and Economic Voting in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 70, Hellenic Observatory, LSE.

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