On PIIGS, GAFFS, and BRICS: An insider-outsider's perspective on structural and institutional foundations of the Greek crisis

Pitelis, CN

On PIIGS, GAFFS, and BRICS: An insider-outsider's perspective on structural and institutional foundations of the Greek crisis

Pitelis, CN

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Publication Type:: Journal Article
Citation:: Contributions to Political Economy, 2012, 31 (1), pp. 77 - 89
Issue Date:: 2012-06-01

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Field	Value	Language
dc.contributor.author	Pitelis, CN	en_US
dc.date.issued	2012-06-01	en_US
dc.identifier.citation	Contributions to Political Economy, 2012, 31 (1), pp. 77 - 89	en_US
dc.identifier.issn	0277-5921	en_US
dc.identifier.uri	http://hdl.handle.net/10453/29916
dc.description.abstract	We discuss structural and institutional underpinnings of the Greek 'Debt' Crisis. We suggest that the Greece's de facto catching-up competitiveness model was misguided, short-term focused, and eventually doomed. Alongside this 'model' were behaviours and attitudes that assisted the realisation of an anticipated collapse. Our assessment also accounts for other actors, at the European and wider levels, both public and private. It takes into account implications from the emergence of the new 'competitors', and briefly explores global security and governance implications. © The Author 2012. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.	en_US
dc.relation.ispartof	Contributions to Political Economy	en_US
dc.relation.isbasedon	10.1093/cpe/bzs002	en_US
dc.subject.classification	Economics	en_US
dc.title	On PIIGS, GAFFS, and BRICS: An insider-outsider's perspective on structural and institutional foundations of the Greek crisis	en_US
dc.type	Journal Article
utslib.citation.volume	1	en_US
utslib.citation.volume	31	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	1401 Economic Theory	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
utslib.copyright.status	closed_access
pubs.issue	1	en_US
pubs.publication-status	Published	en_US
pubs.volume	31	en_US

Abstract:

We discuss structural and institutional underpinnings of the Greek 'Debt' Crisis. We suggest that the Greece's de facto catching-up competitiveness model was misguided, short-term focused, and eventually doomed. Alongside this 'model' were behaviours and attitudes that assisted the realisation of an anticipated collapse. Our assessment also accounts for other actors, at the European and wider levels, both public and private. It takes into account implications from the emergence of the new 'competitors', and briefly explores global security and governance implications. © The Author 2012. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

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http://hdl.handle.net/10453/29916