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Conceptual Misunderstandings in the Structuration of Anti-Crisis Economic Policy: Lessons from the Greek Case

Author

Listed:
  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Deniozos, Nikolaos

    (National and Kapodistrian University of Greece - Department of Turkish Studies and Modern Asian Studies)

  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Demertzis, Michail

    (Democritus University of Thrace, School of Law)

Abstract

The objective of this study is to clarify the prevailing vague and sometimes misguided understanding regarding the articulation of economic policy, especially in the context of socioeconomic systems in structural crisis. The distortions of the economic policy are keep reproducing and spreading usually because of three disorientating conceptual sources: a) the view of economic policy supposedly as a de-ideologized construction, or as a de-technicalized voluntarism, b) the view of economic policy supposedly as a de-strategized synthesis, c) the view of economic policy as a supposedly automatic, ungradated and timeless procedure. For a socioeconomic system to exit from its crisis and by applying these concepts to the Greek case, we see as a prerequisite the interruption of this vicious circle of misconceptions, towards the trajectory of a virtuous circle of valid understanding the meaning of economic policy.

Suggested Citation

  • Vlados, Charis & Deniozos, Nikolaos & Chatzinikolaou, Dimos & Demertzis, Michail, 2018. "Conceptual Misunderstandings in the Structuration of Anti-Crisis Economic Policy: Lessons from the Greek Case," DUTH Research Papers in Economics 5-2018, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2018_005
    Note: Journal of Governance and Public Policy, 5(3), 283–322, 2018
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    Citations

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    Cited by:

    1. Charis Vlados & Dimos Chatzinikolaou, 2020. "Stra.Tech.Man innovation, HRM and Perception of Educational Needs in Underdeveloped Business Ecosystems: The Case of Retail Sector Firms in Eastern Macedonia and Thrace," International Journal of Human Resource Studies, Macrothink Institute, vol. 10(2), pages 330354-3303, December.
    2. Charis Vlados & Dimos Chatzinikolaou & Foteini Kapaltzoglou, 2021. "Energy Market Liberalisation in Greece: Structures, Policy and Prospects," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 115-126.

    More about this item

    Keywords

    Economic Policy; Normative Versus Positivistic Economics; Economic Policy Strategy; Structural Versus Conjunctural Economic Policy; Greek Crisis;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • L59 - Industrial Organization - - Regulation and Industrial Policy - - - Other

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