Issues in contemporary economics : proceedings of the Ninth World Congress of the International Economic Association, Athens, Greece. Volume 5, the Greek economy : economic policy for the 1990s

Front Matter....Pages i-xxviii Front Matter....Pages 1-1 Aspects of the Public Sector in Greece: Postwar Developments and Future Prospects....Pages 3-16 Some Lines of Action in the Greek Public Sector....Pages 17-22 Structural Policies to Unwind the Greek Fiscal Tangle....Pages 23-29 Fiscal Deficits and the Role of the State in the Greek Economy....Pages 30-41 Front Matter....Pages 43-43 Macroeconomic Performance and Policies: Recent Past and Prospects....Pages 45-59 Monetary Policy and Financial Markets in the 1990s....Pages 60-77 Financial Liberalisation, the EMS and the Consequences for Greek Macroeconomic Policy....Pages 78-93 Some Thoughts on the Current State and Prospects of the Greek Commercial Banking System....Pages 94-109 Front Matter....Pages 111-111 Exchange Rate Policy Dilemmas in the Presence of Macroeconomic Imbalance....Pages 113-126 The Effects of Devaluation on Gross Domestic Product in Greece....Pages 127-137 The Economic Union of the European Community and the Greek Economy: The External Sector....Pages 138-151 The Integration of Greece into the European Economy....Pages 152-158 Front Matter....Pages 159-159 Inflexibility and Adjustment of the Greek Economy under Liberalisation....Pages 161-169 Structural and Technological Imperatives in the Light of Development Prospects for the Greek Economy....Pages 170-179 Structural Characteristics of the Greek Economy, with Particular Reference to the Small and Medium-size Enterprises Sector....Pages 180-190 Shipping and Tourism in the Context of the Greek Economy....Pages 191-201 This book considers the status of the Greek economy and desirable economic policy for the coming decade, in the light of EC directives and 1992. Part 1 deals with the role of the state, the public sector and fiscal problems. Part 2 explores monetary policy and the impact of the Greek banking system on development. Part 3 examines Greece's performance within the EC, external economic relationships and the balance of payments situation. Part 4 covers structural issues and their impact on the Greek economy