The Development of the Greek Economy, 1950-1991: An Historical, Empirical, and Econometric Analysis

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This work examines the development of the Greek economy during the years 1950-1991. George A. Jouganatos divides that era into five separate political periods and evaluates each one's economic development. He supplies an overview of the political history for each period and provides a thorough analysis of specific economic policies and plans, as well as their impact on economic growth and development. The application of an original econometric model aids the evaluation of Greek economic development over this 40-year span. Advancing the argument that Greek economic development has progressed best under improved democratic conditions, Dr. Jouganatos recommends progressive reforms aimed at achieving independent economic growth.

Reviews

The Development of the Greek Economy will be welcomed by readers who seek to learn more about current affairs in Greece. There have been a number of books on Greek politics, culture, and society, but very few dealing with the problems and the challenges of the Greek economy over the years. Mr. Jouganatos has done a creditable job in a field about which the layman and the Philhellene know so little. * The Hellentic Journal *

Author Bio

George A. Jouganatos is on the faculty of the department of economics at California State University in Sacramento, and also works as a consultant based in Sacramento. He holds a PhD in economics from the University of California at Riverside.