Stylized Characteristics of the Greek Inflation: Some Policy Recommendations
info
|
Speaker
|
:
|
Stella Ladi
Senior Lecturer, School of Business and Management, Queen Mary, University of London
|
|
Chair
|
:
|
Spyros Economides
Senior Lecturer, International Relations and European Politics;
Hellenic Observatory Deputy Director, LSE
|
|
Date
|
:
|
Tuesday, 6 November 2012
|
Abstract
Greece was the first European Monetary Union (EMU) country to sign a Memorandum (MEFP) with the European Commission and the European Central Bank in order to secure financial assistance and prevent a total collapse of its economy following the severe international economic crisis.
The MEFP (2010) and the more detailed Memorandum of Understanding on Specific Economic Policy Conditionality (SEPC) (2010), offered more elaborate steps of structural reforms that have affected all public services in Greece. The lack of major results and the stickiness of the ‘Greek problemʼ have made Greece a unique case-study for evaluating both the recipe of the international donors and the domestic capacity for reform.
A historical institutionalist approach and the concept of ʽpolicy paradigmʼ are combined here in order to evaluate what are the conditions for a major administrative reform in time of crisis.
The article focuses on the specific attempt to reform public administration during the Papandreou government in order to analyze the importance of both time and type of change in the success of a major reform programme.
Photos
Dr Stella Ladi & Dr Spyros Economides (chair)
Part of the audience in Cañada Blanch Room on the 6th November