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State And Development Of Industrial And Public Sector In Comparison Of Greece With The Rest Of The World

Author

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  • Kyriaki Papadopoulou

    (Faculty of Economics, South-West University “Neofit Rilski”, 6, Ivan Mihavlov str, 2700 , Blagoevgrad, Bulgaria)

Abstract

The present study aims at critically accessing and comparing the state and the development of the industrial and the public sector of Greece with the rest of the world. It was found that the Greek economy has faced many ups and downs. Starting from the launch of the euro as the local currency to the massive destruction caused by the financial crisis of 2007. Public and industrial sector of Greek even after witnessing all these major events has been able to establish a good growth trajectory in comparison to the rest of the world. The economy showed strong growth in terms of its manufacturing sector. With food and beverages sector, pulp and paper sector, petroleum and refinery standing out as the major manufacturing industries. While the structural reform taken place in the public sector of Greece helped it to maintain its position in comparison with the rest of the world.

Suggested Citation

  • Kyriaki Papadopoulou, 2020. "State And Development Of Industrial And Public Sector In Comparison Of Greece With The Rest Of The World," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 8(2), pages 27-34.
    • Handle: RePEc:neo:epjour:v:8:y:2020:i:2:p:27-34
    DOI: 10.37708/ep.swu.v8i2.3
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    References listed on IDEAS

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    1. repec:ers:journl:v:v:y:2017:i:1:p:3-17 is not listed on IDEAS
    2. Renate Neubäumer, 2015. "The Prologue to the Greek Crisis," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 84(3), pages 9-28.
    3. Pranab Bardhan, 2016. "State and Development: The Need for a Reappraisal of the Current Literature," Journal of Economic Literature, American Economic Association, vol. 54(3), pages 862-892, September.
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    More about this item

    Keywords

    state and development; public sector; industrial sector; Greece; Greek economy;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F6 - International Economics - - Economic Impacts of Globalization
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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