Χρεοκοπία και οικονομική κρίση, Failure and collapse of the Greek model of capitalism
Finance Books

Χρεοκοπία και οικονομική κρίση, Failure and collapse of the Greek model of capitalismCode: 2473852

In the book, the deconstruction of the new loan agreement and the economic policy framework of Memorandum II is attempted as a sustainable strategy for Greece's exit from the "debt trap". Their...

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In the book, the deconstruction of the new loan agreement and the economic policy framework of Memorandum II is attempted as a sustainable strategy for Greece's exit from the "debt trap". Their implementation pushes Greece towards a process of structural transformation towards a laissez-faire model of unstable financial capitalism with a small state, a...

See full description
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from 11,13 €

Description

In the book, the deconstruction of the new loan agreement and the economic policy framework of Memorandum II is attempted as a sustainable strategy for Greece's exit from the "debt trap". Their implementation pushes Greece towards a process of structural transformation towards a laissez-faire model of unstable financial capitalism with a small state, a shrunken and weakened production system, very high unemployment, very low wages, and a low standard of living for the majority of employees, retirees, and self-employed individuals.

The analysis shows that the high monetary risk created by Greece's entrapment in the debt-deflation process needs to be immediately reduced, and the country needs to proceed with the reconstruction of its technical-productive model. The latter is vital for achieving a stable and sustainable financial structure, reducing credit risk, and ensuring a secure and safe increase in the margins of new public borrowing. A major precondition for the development and implementation of a development strategy for Greece's exit from the debt crisis is the exercise of an economic policy based on realistic economic theory and not on abstract and unverifiable models of conventional economic thinking.

The book includes the following chapters:
1. The financial model of capitalism
2. The Greek model of capitalism
3. The safety margins of the Greek model of capitalism and the distribution of the cost of bankruptcy
4. Bankruptcy without default
5. Default of bankruptcy.

Specifications

Genre
Economy
Language
Greek
Subtitle
Failure and collapse of the Greek model of capitalism
Format
Hard Cover
Number of Pages
189
Publication Date
2012
Dimensions
21x14 cm

Important information

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