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Greece Faces A Yin-Yang Development Phase

Listed author(s):
  • Stefania Andra SIMIONESCU

    ()

    (Center for European Studies, Alexandru Ioan Cuza University of Iasi)

Registered author(s):

    The concept Yin-Yang represents the unity of opposites and complementarity. In this respect, from the economical point of view a positive Yin phase represents the cash flow, brings nutrition, gentleness and protection, while a negative Yin phase means capital loss, sloth and passive obedience; a positive Yang phase is translated as an action based on funds, emphasising the creation, the construction and the development of infrastructure thanks to an economical action plan, while a negative Yang phase leads to conflicts, to excessive product stocks and to a stock market collapse, causing, in this line, crisis and inflation by increasing prices and decreasing purchasing power. In the European Union, Greece faces a Yang negative phase. When having too much positive Yin monetary stimulus from the EU, the Yin-Yang balance turns in favour of a negative Yang bankrupcy and unemployment. Thus, I explore not only the Greece’s economical dimension, but also its geographic role, the synergy between culture and DNA and the last, but not the least, the human’s ability in creating a new positive Yin-Yang flourishing future.

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    File URL: http://ceswp.uaic.ro/articles/CESWP2015_VII2A_SIM.pdf
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    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 7(2A) (2015)
    Issue (Month): 2a (September)
    Pages: 613-626

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    Handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:613-626
    Contact details of provider: Web page: http://cse.uaic.ro

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    1. George Magoulios & Stergios Athianos, 2013. "The Trade Balance of Greece in the Euro Era," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 11(2), pages 187-216.
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