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Creating Markets out of Nothing:The Case of the Continuing Education System in Greece


  • Ioannidis, Yiorgos


The development of the vocational training policy constitutes one of the most interesting examples of a policy which was introduced entirely due to the pressure exercised by the E.U., but it was implemented in such a way that it served the domestic political economy. The seven laws and the dozens of ministerial decrees issued from 1989-2004 reflect the effort made by the state to foster but also control the development of the market, the conflict of interests among the main players, the tensions generated by the pressures of the European Union, the interests of the private vocational centres, and the special needs and the objectives of the social partners. To be more specific, it will be argued that the development of the continuing education market in Greece can be described and analyzed on the basis of three distinct phases/ time periods: (a) The period of initial capital accumulation (1989-1994), (b) the period of the controlled clearing of the market (1994-2004) and, (c) the period of the liberalization of the market (2005-). In every stage the interests of the main actors –namely those of the state, the private training centers and the social partners–, were accommodated accordingly, but this was achieved at the expense of the continuing training system’s efficiency. The aim of the paper is to critically assess these developments by focusing on the latent rationality underlying the state’s regulatory actions, as well as on the political economy which these actions have engendered.

Suggested Citation

  • Ioannidis, Yiorgos, 2013. "Creating Markets out of Nothing:The Case of the Continuing Education System in Greece," MPRA Paper 47540, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:47540

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    More about this item


    political economy; continuing education; vocational training; employment policy;

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H00 - Public Economics - - General - - - General
    • H1 - Public Economics - - Structure and Scope of Government
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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