| More

Public debt dynamics, economic policy and social cohesion in Greece: a note

Views: 205 Downloads: 291
Θεόδωρος Μαριόλης, Κώστας Παπουλής
Θεόδωρος Μαριόλης, Κώστας Παπουλής

Abstract


This paper explores the dynamics of the
Greek public debt. It supports that, fi rst, the
public debt is unsustainable and, second,
the reduction in government expenditures
and the cut in unit labour costs in the private
sector seems to be the only available, although
too little too late ‘remedy’.


Keywords


Debt dynamics; economic policy; EMU; international competitiveness; social cohesion

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.