Δυναμική Του Δημοσίου Χρέους, Οικονομική Πολιτική Και Κοινωνική Συνοχή Στην Ελλάδα: Μία Σημείωση
[Public debt dynamics, economic policy and social cohesion in Greece: a note]
This paper explores the dynamics of the Greek public debt. It supports that, first, the public debt is unsustainable and, second, the reduction in government expenditures and the cut in unit labour costs in the private sector seems to be the only available, al-though too little too late ‘remedy’.
|Date of creation:||Dec 2010|
|Date of revision:|
|Publication status:||Published in Κοινωνική Συνοχή και Ανάπτυξη/Social Cohesion and Development 1.5(2010): pp. 27-40|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
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- You, Jong-Il & Dutt, Amitava Krishna, 1996. "Government Debt, Income Distribution and Growth," Cambridge Journal of Economics, Oxford University Press, vol. 20(3), pages 335-51, May.
- Michel Aglietta & Merih Uctum, 1996.
"Europe and the Maastricht challenge,"
9616, Federal Reserve Bank of New York.
- Mariolis, Theodore, 2006. "Distribution and Growth in a Multi-Sector Open Economy with Excess Capacity," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 59(1), pages 51-61.
- Harck, Soren, 2000. "On the Sustainability Area as a Simplifying Didactic Device," Cambridge Journal of Economics, Oxford University Press, vol. 24(4), pages 505-09, July.
- Yilmaz Akyüz, 2007. "Debt Sustainability in Emerging Markets: A Critical Appraisal," Working Papers 61, United Nations, Department of Economics and Social Affairs.
- Matteo Formenti, 2008. "Indicators and Tests of Sustainability: The Italian Case," Rivista di Politica Economica, SIPI Spa, vol. 98(6), pages 123-160, November-.
- Mariolis, Theodore & Soklis, George & Groza, Heleni, 2010. "An Input-Output Approach to the Estimation of the Maximum Attainable Economic Dependency Ratio in four European Economies," MPRA Paper 22661, University Library of Munich, Germany.
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