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Greece Faces A Yin-Yang Development Phase


  • Stefania Andra SIMIONESCU

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


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.

Suggested Citation

  • Stefania Andra SIMIONESCU, 2015. "Greece Faces A Yin-Yang Development Phase," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2a), pages 613-626, September.
  • Handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:613-626

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    References listed on IDEAS

    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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    More about this item


    Greece; the European Union; Yin-Yang; development; gravitation;

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative


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