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Who’s to Blame for Greece?

Life After Bankruptcy: Between Optimism and Substandard Growth

Palgrave Macmillan
  • Presents the latest, up to date, research on Greece's economy since Grexit

  • Provides an overview of recent developments in the Greek economy and outlines the most important obstacles to a return to robust and sustainable growth rates.

  • Covers the most recent issues that affect the Greek economy including, the migration crisis at the borders with Turkey as well as a faltering global economy hit by the Covid-19 pandemic

  • Addresses debt and debt release from multi-disciplinary, analytical perspectives

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Table of contents (20 chapters)

  1. Front Matter

    Pages i-xxiii
  2. Introduction

    • Theodore Pelagidis, Michael Mitsopoulos
    Pages 1-5
  3. The “Party Period” Before the Crisis

    1. Front Matter

      Pages 7-7
    2. Greece Before the Crisis: The Critical Years in Domestic Politics

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 27-59
    3. IMF and EU Reports on Greece

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 61-95
  4. Greece’s Free Fall 2010–2013

    1. Front Matter

      Pages 97-97
    2. The Troika Period Reconsidered

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 99-122
  5. How Populism (2015–2017) Destroyed a Country with High Potential

    1. Front Matter

      Pages 261-261
    2. The Rise of Populism in Greece and the Impact on the Economy

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 263-277
    3. Latest Developments as of December 2017

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 279-292
    4. Conclusions

      • Theodore Pelagidis, Michael Mitsopoulos
      Pages 293-300

About this book

This expanded and enlarged third edition of Theodore Pelagidis and Michael Mitsopoulos’ popular Who’s to Blame for Greece? covers almost a decade of Greece's economic crisis from 2009 to 2019, as well as recent developments in the first months of 2020. It provides an overview of recent developments in the Greek economy and outlines the most important obstacles to a return to robust and sustainable growth rates.  It considers  the new optimism being developed in Greece after the crisis, but also the policy challenges facing Greece emanating from a deeply hurt economy in the aftermath of the crisis and the structural problems that persist.

The book covers the most recent issues that affect the Greek economy including, the migration crisis at the borders with Turkey as well as a faltering global economy hit by the Covid-19 pandemic. This book will appeal to researchers, practitioners and policy makers interested in the EU and the political economy of Greece and offers valuable updates on the second edition.






Reviews

Praise for the first edition:



'The new book by Michael Mitsopoulos and Theodore Pelagidis offers insightful analysis of the Greek drama. It makes fascinating reading and well demonstrates that the blame is widely shared.'


André Sapir, University Professor, Université libre de Bruxelles, Belgium, and former Economic Advisor to the President of the European Commission




'Who is to blame for Greece? If I could pick just two experts on the Greek debacle to answer this question it would be Theodore Pelagidis and Michael Mitsopoulos. And thankfully they have done just that in this penetrating analysis of what has happened to Greece over the past five years. It's a timely and incisive work and no one gets off easy a must read.'


Landon Thomas, Jr, Financial Reporter, New York Times, USA

Authors and Affiliations

  • Bank of Greece and University of Piraeus, Athens, Greece

    Theodore Pelagidis

  • Hellenic Federation of Enterprizes, Athens, Greece

    Michael Mitsopoulos

About the authors

Theodore Pelagidis is the Deputy Governor of the Bank of Greece (since September 2020) and Professor of Economics at the University of Piraeus, Department of Shipping, Greece. He has been a NR senior fellow at the Brookings Institution during 2012-2020, a NATO scholar at the Center for European Studies at Harvard University, USA (1995); an NBG fellow at the London School of Economics, UK (2010); and an Onassis scholar and Fulbright fellow at Columbia University, USA (2008). He has also served as an expert to the IMF in the Internal Evaluation Office (2015) and to EC (Horizon, 2018).

Michael Mitsopoulos is Director in Business Environment and Regulatory Affairs at the Hellenic Federation of Enterprises, Greece. He holds a PhD in Economics from Boston University and has taught at the University of Piraeus and the Economic University of Athens. He has published extensively in academic journals and is the co-author with Pelagidis of Understanding the Crisis in Greece: From Boom to Bust (Palgrave Macmillan, 2011 & 2012 2nd ed.) and of Greece. From Exit to Recovery? (Brookings, 2014).

Bibliographic Information

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access