Economic Growth in Greece: barriers and prospects

Hosted by the Hellenic Observatory

Sumeet Valrani Lecture Theater, Centre Building


Professor Apostolis Philippopoulos

Professor Apostolis Philippopoulos

Dr George Economides

Dr George Economides


Dr Vassilis Monastiriotis

Dr Vassilis Monastiriotis

What are the barriers and the prospects for economic growth in Greece?

At this research seminar Professor Apostolis Philippopoulos and Dr George Economides presented their study of the Greek economy that has a twofold aim: first to conduct a decomposition analysis to quantify the relative contribution of various driving forces, as they are in the data, to the output loss since 2008. Second, building upon the first step, the two speakers search for counter-factual scenaria that could have possibly given better outcomes. The vehicle of analysis is a DSGE model that contains the key features of the Greek economy. 

Apostolis Philippopoulos is a Professor of Economics in the Department of Economics at the Athens University of Economics and Business. He was born in Athens in 1955. He holds a BSc in Economics (National University of Athens), an MSc in Economics (Athens School of Economics and Business) and a PhD in Economics (Birkbeck College, University of London). He has previously taught at the University of Essex (1989-1996). He is a research fellow at CESifo, Munich, and a regular visiting lecturer at the University of Bern. He has published around 45 papers in academic journals in the area of macroeconomic theory and policy. He is also the editor of “Public Sector Economics and the Need for Reforms”, published by MIT Press and CESifo, and a co-author of a textbook on “Models of Macroeconomic Theory and Policy” (in Greek).      

George Economides is currently an Associate Professor of Economics at the Department of International and European Economic Studies, School of Economic Sciences, of the Athens University of Economics and Business (AUEB). He was born in Athens in 1973. He holds a B.Sc. in International and European Economic Studies from AUEB, a M.Sc. in Economics from University of York (UK) and a Ph.D. in Economics from AUEB. Former positions include Visiting Lecturer in Economics at the University of Cyprus (2001-2002). He is also Research Fellow at CESifo, Munich. He has published around 25 papers in academic journals in the area of macroeconomic theory and policy. He has acted as guest Editor for the European Journal of Political Economy and CESifo Economic Studies.

Dr Vassilis Monastiriotis is an Associate Professor in Political Economy at the European Institute, LSE. He is an economist and economic geographer by training. He holds a PhD in Economic Geography (2002, London School of Economics, UK) an MSc in Economics (1996, University of Macedonia, Thessaloniki, Greece) and a BSc in Economics (1994, Aristotle University, Thessaloniki, Greece). Before joining the European Institute in 2004 he was Lecturer in the Department of Economics at Royal Holloway, University of London. He has previously worked as Research Fellow at the London School of Economics and the University of Reading and as a Course Lecturer in the Department of Geography at LSE. 

View some photos here

Listen to the podcast here

Watch the interview to LiveMedia here

A copy of the PowerPoint presentation is available for download
Economic Growth in Greece: barriers and prospects

The twitter hashtag for this event is #LSEGreece

The Hellenic Observatory  (@HO_LSE)  is internationally recognised as one of the premier research centres on contemporary Greece and Cyprus. It engages in a range of activities, including developing and supporting academic and policy-related research; organisation of conferences, seminars and workshops; academic exchange through visiting fellowships and internships; as well as teaching at the graduate level through LSE's European Institute.


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