SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Lapavitsas, Costas (2018) 'Political Economy of the Greek Crisis.' Review of Radical Political Economics.

[img]
Preview
Text (PDF of AAM) - Accepted Version
Download (772kB) | Preview

Abstract

The Greek turmoil commenced as a balance of payments, or “sudden stop”, crisis induced by large current account and primary government deficits. It became an economic and social disturbance of historic proportions. Its proximate cause was loss of competitiveness within the Eurozone due primarily to domestic German wage policies. The bail-out policies, imposed by the lenders primarily for reasons of Eurozone stability and adopted by Greece, have had disastrous effects on both economy and society. The “historical bloc” that dominates Greek society willingly submitted to this strategy, losing sovereignty, for reasons including fear and identity.

Item Type: Journal Article
Additional Information: ESSN: 1552-8502
SOAS Departments & Centres: Departments and Subunits > Department of Economics
ISSN: 04866134
DOI (Digital Object Identifier): https://doi.org/10.1177/0486613417730363
Date Deposited: 20 Feb 2018 11:53
URI: http://eprints.soas.ac.uk/id/eprint/25433

Statistics

Download activity - last 12 months
Downloads since deposit
570Downloads
355Hits
Accesses by country - last 12 months
Accesses by referrer - last 12 months

Research Mentions and Reach

Additional statistics for this record are available via IRStats2

Repository staff only

Edit Item Edit Item