The Greek economic crisis has imperilled the stability of the eurozone, generating much global anxiety. Policymakers, analysts, and the media have daily debated the course of the Greek economy, prescribing ways to move forward. This collection of essays progressively moves from an analysis of the causes of the crisis and the policy responses so far to a debate on some of the country's advantages and capabilities that should underpin its new development model and propel the return to growth. The book analytically chooses to view the glass as half-full and seeks to provide motivation and inspiration for change by indicating some of the economic sectors where Greece maintains a comparative advantage. Therefore, it challenges the emerging picture of Greece as a country doomed to failure, where everything falls apart.
Focuses on the comparative advantages and the potential of Greece rather than the causes of the crisis Provides an interdisciplinary approach to Greece's economy, assembling the scholarship of a large number of analysts across a wide spectrum of issues Takes note of the most recent developments, such as the successful completion of the P.S.I. and the approval of the second aid package to the country