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Index Note: Boxes, figures, and tables are indicated by “b,” “f,” and “t” following page numbers. 157 Abuse of office, 26. See also Corruption Accession: analysis of costs and benefits of, 5–6; as beneficial to Greece, 12, 17; countercyclical policies limited by, 11, 12; as questionable decision, 1, 4; rapid growing economy at time of, 14, 16; thinking behind, 1 Access to finance, 73, 106–09, 123 Accommodation and food services, 42, 44t Accountability, 9, 16, 28, 120, 131–35t Adjustment program: decline in total government expenditures during, 68–69, 69f; Second Economic Adjustment Program, 56; strategic mistakes of, 1, 71–72 Administrative burden, 2, 24, 26, 95, 119, 120, 121, 124b, 131–35t Administrative costs, 26, 41; private sector gross wages and salaries vs. administrative cost as percent of GDP, 63, 64f Aghion, P., 101 Agriculture. See Food production Air routes, 9 Akcigit, U., 95, 96 Albania excluded as outlier, 114 Antitrust, 97 Apparel industry, 42, 45, 50t Arnold, J., 100 Arora, A., 97 Athens bus lines, 9 Attiki Odos, 18 Audretsch, D., 93, 104 Bail-in, 78 Bake-off, 33 Bakeries, 9, 33 Balassa-Samuelson effect, 22 Balasubramanian, N., 94 Bank financing, 77, 106; access to finance, 73, 106–09 Banking union, 77, 81 Bankruptcy, 77, 84, 97, 99, 114 Banks, 78–80, 97, 108. See also Deposits; Main Financial Institutions (MFIs) 07-2577-0 index.indd 157 4/30/14 1:53 PM 158 Index Basic metal processing, 45, 50 Baumol, W., 97 Bayh, Birch, 93 Bayh-Dole Act (1980), 102–03 BERD. See Business expenditures in research and development Brain drain, 88, 126 Bravo Biosca. A., 101 Bread, 9, 33 Breusch-Pagan test, 116, 118 Bribery. See Corruption Budgetary policies: increase of budget, 11–12, 16; loan from EC to cover, 39–40; not in line with EU recommendations , 38–39; ratio of net ordinary budget revenue to GDP, 68 Bulk financing system, 106–08 Business cycles, 12 Business economy, 45, 89 Business environment: conducive to innovation, 3, 124–25b; and cost of money, 81, 83f; deposits, decline of, 77; fear of failure as inhibitor in, 102; nurturing innovation, 97, 104; unattractiveness of, 2, 22–24, 34, 84. See also Competitiveness; Regulation Business expenditures in research and development (BERD), 112–15, 115t, 117–22, 129–35t, 136f Business parks. See Science and business parks Cai, J., 94–95 Canadian dollar, 76–77 Casinos, 9 Ceccagnoli, M., 97 Central fiscal authority proposed for EC, 11 Chartered accountants, 9 Chatzigiannis, E., 19 Chemicals, 49t, 88 Clientelistic politics, 74 Clusters, 89, 90f, 104, 114–15, 126, 137f Coalition government, 78 Coastal shipping. See Shipping Cohen, W., 97 Collaboration of business and government in research, 89, 90f, 92–93, 95, 98, 103, 125b, 126; obstacles to, 104–05, 108; WEF GCR variable measuring, 114, 136f Common Agricultural Policy payments , 19 Common currency area, 7, 29, 31, 76 Commuting in Athens area, 18 Compensation: compensation of employees, total economy, to GDP, 52, 55–56f; nominal compensation per employee, 60, 61f; nonwage labor compensation, 45, 57. See also Wages Competition Assessment Toolkit, 95 Competitiveness, 18–26; accession’s effect on, 14; and efficiencies, 94; Greece’s low competitiveness, 14, 21–23, 122; as innovation driver, 93–95, 121, 124b; intensity of local competition, 118, 119, 120, 131– 35t; price competitiveness after EMU accession, 32; priority of improving, 37–38; restoration of, 2–3; within sectors, 9; significance of, 121 Computers, 42, 49t Conditionality program, 62–63, 66, 75, 80 Confidence: in banking system, 78; loss of, 29, 32; restoration of, 16, 30, 40, 80 Construction sector, 52, 57 Consumer electronics, 42, 49t, 88 Consumer prices, 26, 32, 121 Consumption, 42, 63, 66 Contracts, 100, 101, 124b. See also Costs of legal ambiguity 07-2577-0 index.indd 158 4/30/14 1:53 PM Index 159 Convergence criteria, 7, 36 Conway, P., 27 Corallia technology cluster, 99 Corporate law, 9 Corporate sector, compensation in, 52, 55f, 56 Corruption, 13, 24, 25f, 26, 28, 74, 76, 105, 118, 119; cases of government corruption, 127–28; control of, 131–35t Corruption Perception Index, 24 Cost controls, 31 Cost of money, 81, 83f Costs of entities, 99, 101–02, 125b Costs of institutional insufficiency, 26 Costs of legal ambiguity, 26, 105, 124b Courts, 13, 28, 74, 99, 124b. See also Costs of legal ambiguity Creditability paradigm reforms, 13 Credit markets, 17, 19, 73 Crete, 102 Crowding-out effects, 66, 97, 104 Currency devaluations, 22 Current account deficit, 21, 22 Customs procedures, 119, 120, 131...

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Additional Information

ISBN
9780815725763
Print ISBN
9780815725770
MARC Record
OCLC
881162218
Pages
168
Launched on MUSE
2014-07-08
Language
English
Open Access
N
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