The Economy of Greece


This is Greece, a fantastic European medeterainian nation that has been famed in recent years for its not so fantastic economy.

Greece in the 21st century looks like many other middle of the road developed economies, it has had and still does have a lot of things going for it, it has a huge tourism industry, one of the largest per capita in the world, and its exotic islands and ancient landmarks still attract millions every year bringing with them all those wonderful tourist dollars.

In this video we explore how a once healthy nation got everything so wrong.

#greece #economics #austerity

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References –

Κάτσιος, Σ., 2015. The shadow economy and corruption in Greece. South-Eastern Europe Journal of Economics

Fakiolas, R., 2000. Migration and unregistered labour in the Greek economy. In Eldorado or fortress? Migration in southern Europe

Petrakis, P., 2012. The Greek Economy and the Crisis. In The Greek Economy and the Crisis. Springer, Berlin, Heidelberg

Provopoulos, G.A., 2014. The Greek economy and banking system: recent developments and the way forward. Journal of Macroeconomics

Baltas, N.C., 2013. The Greek financial crisis and the outlook of the Greek economy. The Journal of Economic Asymmetries

Rogers, C. and Vasilopoulou, S., 2012. Making sense of Greek austerity. The Political Quarterly

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