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The European Debt Crisis: The Greek Case

Paperback / softback

Main Details

Title The European Debt Crisis: The Greek Case
Authors and Contributors      By (author) Costas Simitis
SeriesEuropean Politics
Physical Properties
Format:Paperback / softback
Pages:368
Dimensions(mm): Height 234,Width 156
ISBN/Barcode 9780719095788
ClassificationsDewey:338.9495
Audience
Tertiary Education (US: College)
Professional & Vocational
Illustrations Illustrations, black & white

Publishing Details

Publisher Manchester University Press
Imprint Manchester University Press
Publication Date 30 April 2014
Publication Country United Kingdom

Description

In this book, former Greek Prime Minister Costas Simitis examines the European debt crisis with particular reference to the case of Greece. Greece was the first Eurozone country to face an enormous deficit, which reached 15% of GDP in 2009. As the Greek crisis unfolded, other Eurozone countries displayed identical symptoms, albeit in varying degrees of severity. From a strictly Greek predicament the debt crisis quickly turned into a problem for the European Union as a whole. This first English language translation investigates the causes of this spillover and chronicles the policy responses to combat it. It also discusses Greece's troubled political economy, the country's difficulties in adjusting to the demands of its creditors and the vehement social and political reactions to the policy of austerity. Through his comprehensive and authoritative analysis, Simitis provides valuable insights into the crucial interconnection between Greece's own economic troubles and the wider European search for macroeconomic stability and sustainable economic growth. As such, the book appeals well beyond those with a narrow academic interest in Greece. This is very much a discussion about the future of the Eurozone and the European Union as a whole. -- .

Author Biography

Costas Simitis was the Prime Minister of Greece from 1996 to 2004 -- .