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Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010328894
Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010331964
Although Greece is showing initial signs of recovering from its 2008 crash, its economy continues to suffer. It has become clear that the economy will not become prosperous only by the given recommendations of the so called Troika, namely by cutting costs and public expenditures, and by making...
Persistent link: https://www.econbiz.de/10010427265
Griechenland liegt nach wie vor wirtschaftlich am Boden. Nach massiven Senkungen seiner Lohnstückkosten hat das Land mittlerweile kein Kostenproblem mehr. Dennoch ist die griechische Wirtschaft noch nicht angesprungen. Das macht zunächst deutlich: Das Programm der Troika, sich allein auf...
Persistent link: https://www.econbiz.de/10010427309
Economically, Greece is still at rock bottom. Following massive cuts to its unit labor costs, the country no longer has any cost problems but its economy has not yet been reanimated. This makes it quite evident that by focusing solely on cost reductions and institutional reforms, the troika...
Persistent link: https://www.econbiz.de/10011128823
Although Greece is showing initial signs of recovering from its 2008 crash, its economy continues to suffer. It has become clear that the economy will not become prosperous only by the given recommendations of the so called Troika, namely by cutting costs and public expenditures, and by making...
Persistent link: https://www.econbiz.de/10011266544
Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010884121
Private businesses' nominal value added in Greece has fallen by 38 percent over the last ten years. Micro firms were hit particularly hard. Despite efforts to stabilize the macroeconomic environment, there are only weak signs of recovery. Future prospects are not much better, as-with the...
Persistent link: https://www.econbiz.de/10011874778
Die Auswertung neu verfügbarer Daten zeigt, dass die Wertschöpfung griechischer Privatunternehmen in den letzten zehn Jahren nominal um 38 Prozent eingebrochen ist. Besonders stark traf es dabei Kleinstunternehmen. Trotz aller Bemühungen, das makroökonomische Umfeld zu stabilisieren, hat...
Persistent link: https://www.econbiz.de/10011874929
We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different...
Persistent link: https://www.econbiz.de/10014080955