IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Greece and EMU: Between External Empowerment and Domestic Vulnerability

Listed author(s):
Registered author(s):

    EMU was an agenda determined outside Greece and it represents the importation of a radical new policy paradigm. In gaining entry into the 'euro' system, EMU has been the stimulus to profound change in Greek macroeconomic policy. However, the developing EU agenda on structural reform highlights the dilemmas of policy-making in Athens: the uncertain political commitment; the domestic vetoes from rent-seeking behaviour; and the imprecise external constraint. Threee central questions are raised here. What were the Greek priorities and expectations at the time of negotiating EMU? How did Greece qualify for entry into the euro system?. And how has Greece responded to the post-Maastricht EU agenda on structural reform? These questions relate to fundamental issues of the contemporary Greek state: the capability to bring about reform; the political and cultural impediments to reform by consensus; and the challenges posed by deeper 'Europeanization'. For the EU, the Greek case raises issues of relevance to the cohesion of the euro area and the management of the enlargement process. Copyright (c) Blackwell Publishing Ltd 2003.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Wiley Blackwell in its journal Journal of Common Market Studies.

    Volume (Year): 41 (2003)
    Issue (Month): 5 (December)
    Pages: 923-940

    in new window

    Handle: RePEc:bla:jcmkts:v:41:y:2003:i:5:p:923-940
    Contact details of provider: Web page:

    Order Information: Web:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:41:y:2003:i:5:p:923-940. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)

    or (Christopher F. Baum)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.