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2013 | R. 11, z. 6 | 157--171
Tytuł artykułu

The Single Market and the Greek Sovereign debt Crisis: the Bit Player that Should be Protagonist

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Języki publikacji
The Greek sovereign debt crisis has drawn the spotlight on Greek governments' severe mismanagement of the country's public finances, especially in the late 2000s, and its grave consequences not only for Greece but for the Eurozone as a whole. However, while fi scal excesses, inter alia, undoubtedly exacerbated the country's underlying structural weaknesses, the prime culprit responsible for the depth and duration of the ensuing recession was a chronic neglect, on the part of government, of structural and administrative reforms consistent with the letter and spirit of Single Market requirements and prescriptions. Hence, sustainable recovery will probably take longer than is generally acknowledged. (original abstract)
Opis fizyczny
  • Group Advisor on Economic and European Affairs
  • European Commission, Report from the Commission - 30th Annual Report on monitoring the application of EU law, 2012, available at: http:// 30/sg_ annual_report_monitoring_eu_law_131023.pdf
  • European Commission, Statistical Annex of European Economy - Autumn 2013, available at: nance/publications/ european_economy/2013/pdf/2013_11_05_stat_annex_en.pdf
  • Financial Times, "Greece defi es EU as it begins parliamentary debate on 2014 budget", FT, 3/12/2013.
  • Heilbroner, Robert, Th e Worldly Philosophers, Penguin Books 2000, (fi rst published by Simon & Schuster Inc. 1953).
  • Herz Bernhard and Kotios, Angelos, Coming Home to Europe: Greece and the Euro, INTERECONOMICS, July/August 2000.
  • IMF, GREECE, Request for Stand-By Arrangement, 5 May 2010, available at: /scr/2010/cr10110.pdf
  • OECD, Going for Growth, Economic Policy Reforms 2013; http://www. in-2013.pdf
  • OECD, OECD Competition Assessment Reviews: Greece, OECD, January 2014.
  • The Lisbon Council, 'From Pain to Gain', The 2013 Euro Plus Monitor, 3/12/2013; the-2013-euro-plus-monitor-.html
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