Oxford University Press, USA

Modern Greece: What Everyone Needs to Know(r), Paperback/Stathis Kalyvas

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Preț actualizat: 2026-06-05 · link afiliat

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When Greece's economic troubles began to threaten the stability of the European Union in 2010, the nation found itself in the center of a whirlwind of international finger-pointing. In the years prior, Greece appeared to be politically secure and economically healthy. Upon its emergence in the center of the European economic maelstrom, however, observers and critics cited a century of economic hurdles, dictatorships, revolutions, and more reasons as to why their current crisis was understandable, if not predictable. The ancient birthplace of democracy and countless artistic, literary, philosophical, and scientific developments had struggled to catch-up to its economically-thriving neighbors in Western Europe for years and quickly became the most seriously economically-troubled European country following a fiscal nosedive beginning in 2008. When the deficit and unemployment skyrocketed, the resulting austerity measures triggered widespread social unrest. The entire world turned its focus toward the troubled nation, waiting for the possibility of a Greek exit from the European Monetary Union and its potential to unravel the entire Union, with other weaker members heading for the exit as well. The effects of Greece's crisis are also tied up in the global arguments about austerity, with many viewing it as necessary medicine, and still others seeing austerity as an intellectually bankrupt approach to fiscal policy that only further damages weak economies. In Modern Greece: What Ev

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