Greeces New Political Economy State, Finance, and Growth from Postwar to EMU [Hardcover]

Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political economy in the light of major contemporary debates.Introduction: The Importance of Finance and the Origins of Developmentalism Regime Dependencies and the Political Economy of Postwar Economic Policies Policy Paradigms, Financial Intervention and the Limits of Developmentalism Crisis and Transition: Regime Change, Democratization and the Decline of Developmentalism Central Bank, Government and the Politics of Financial Liberalization Banks and Socioeconomic Interests: Winners and Losers of Financial Reform The New Political Economy of Financial Integration, Globalization and the EMU State, Finance and Growth: Beyond the New Political Economy

'...A unique contribution that sets very high standards in what is really a new area within scholarship on modern Greece...The author integrates a lot of important but often inaccessible material, and is well versed in macroeconomics...The book's superb analysis of the changing political contexts of economic development in post-Second World War Greece does remind the reader that there is much more to developmental/ financial regime changes than much of formal political economy theorizing is willing to acknowledge. This book is a 'must read' for students of economic development in the European periphery.' - Yannis M. Ioannides, Professor of Economics, Tufts University, USA

'An artfully written account of the links betweelƒ!