References
- Arnelyn, Abdon, Marife Lou Bacate, Jesus Felipe, and Utsav Kumar. 2010. “Product Complexity and Economic Development.” Working Papers No. 616, Levy Economics Institute.
- Aglietta, Michel. 2014. Europe: Sortir de La Crise et Inventer L’avenir [Europe: Emerging from the Crisis and Inventing the Future]. Paris: Éditions Michalon.
- Bank of Greece. 2005. Annual Report. Athens: Bank of Greece.
- Bibow, J. 2013. “At the Crossroads: The Euro and Its Central Bank Guardian (and Saviour?).” Cambridge Journal of Economics 37 (3):609–26. doi: https://doi.org/10.1093/cje/bet004.
- Bibow, Jörg. 2012. “The Euro Debt Crisis and Germany’s Euro Trilemma.” Working Papers Series, Levy Economics Institute.
- Blanchard, Olivier J., and Daniel Leigh. 2013. “Growth Forecast Errors and Fiscal Multipliers.” American Economic Review 103 (3):117–20. doi: https://doi.org/10.1257/aer.103.3.117.
- Bortz, Pablo G. 2019. “The Destiny of the First Two Greek ‘Rescue’ Packages: A Survey.” International Journal of Political Economy 48 (1):76–99. doi: https://doi.org/10.1080/08911916.2018.1564493.
- Boyer, R. 2012. “The Four Fallacies of Contemporary Austerity Policies: The Lost Keynesian Legacy.” Cambridge Journal of Economics 36 (1):283–312. doi: https://doi.org/10.1093/cje/ber037.
- Bulmer, Simon. 2014. “Germany and the Eurozone Crisis: Between Hegemony and Domestic Politics.” West European Politics 37 (6):1244–63. doi: https://doi.org/10.1080/01402382.2014.929333.
- Carstensen, Martin B., and Vivien A. Schmidt. 2018. “Power and Changing Modes of Governance in the Euro Crisis.” Governance 31 (4):609–24. doi: https://doi.org/10.1111/gove.12318.
- Chen, Ruo, Gian Maria Milesi-Ferretti, and Thierry Tressel. 2013. “External Imbalances in the Eurozone.” Economic Policy 28 (73):101–42. doi: https://doi.org/10.1111/1468-0327.12004.
- De Grauwe, Paul. 2013. “The Political Economy of the Euro.” Annual Review of Political Science 16 (1):153–70. doi: https://doi.org/10.1146/annurev-polisci-060911-085923.
- Deleidi, Matteo. 2018. “Post Keynesian Endogenous Money Theory: A Theoretical and Empirical Investigation of the Credit Demand Schedule.” Journal of Post Keynesian Economics 41 (2):185–209. doi: https://doi.org/10.1080/01603477.2017.1338967.
- Easterly, William, and Sergio Rebelo. 1993. “Fiscal Policy and Economic Growth.” Journal of Monetary Economics 32 (3):417–58. doi: https://doi.org/10.1016/0304-3932(93)90025-B.
- Ehnts, Dirk H., and Maurice Höfgen. 2019. “Modern Monetary Theory: A European Perspective.” Real World Economics Review 89:75–84. http://www.paecon.net/PAEReview/issue89/EhntsHofgen89.pdf.
- Eichengreen, Barry, and Heather D. Gibson. 2001. “Greek Banking at the Dawn of the New Millennium.” Discussion Paper No. 2791, Centre for Economic Policy Research.
- European Commission. 2014. “The Second Economic Adjustment Programme for Greece (Fourth Review).” Occasional Paper 192.
- Fabbrini, Sergio. 2014. “Intergovernmentalism and Its Limits: Assessing the European Union’s Answer to the Euro Crisis.” Comparative Political Studies 46 (9):1003–1029. doi: https://doi.org/10.2139/ssrn.2411959.
- Fabbrini, Sergio. 2016. “From Consensus to Domination: The Intergovernmental Union in a Crisis Situation.” Journal of European Integration 38 (5):587–99. doi: https://doi.org/10.1080/07036337.2016.1178256.
- Fazzari, Steven M., James Morley, and Irina Panovska. 2015. “State-Dependent Effects of Fiscal Policy.” Studies in Nonlinear Dynamics & Econometrics 19 (3):285–315. doi: https://doi.org/10.1515/snde-2014-0022.
- Featherstone, Kevin. 2011. “The Greek Sovereign Debt Crisis and EMU: A Failing State in a Skewed Regime.” JCMS: Journal of Common Market Studies 49 (2):193–217. doi: https://doi.org/10.1111/j.1468-5965.2010.02139.x.
- Febrero, Eladio, Ignacio Álvarez, and Jorge Uxó. 2019. “Current account Imbalances or Too Much Bank Debt as the Main Driver of Gross Capital Inflows? Spain during the Great Financial Crisis.” Journal of Economic Issues 53 (4):1126–51. doi: https://doi.org/10.1080/00213624.2019.1675450.
- Febrero, Eladio, Jorge Uxó, and Fernando Bermejo. 2018. “The Financial Crisis in the Eurozone: A Balance-of-Payments Crisis with a Single Currency?” Review of Keynesian Economics 6 (2):221–39. doi: https://doi.org/10.4337/roke.2018.02.04.
- Felipe, Jesus, and Utsav Kumar. 2011. “Unit Labor Costs in the Eurozone: The Competitiveness Debate Again.” Working Paper No. 651, Levy Economics Institute.
- Flassbeck, Heiner, and Friederike Spiecker. 2011. “The Euro—A Story of Misunderstanding.” Intereconomics 46 (4):180–7. doi: https://doi.org/10.1007/s10272-011-0381-8.
- Fuller, Gregory W. 2018. “Exporting Assets: EMU and the Financial Drivers of European Macroeconomic Imbalances.” New Political Economy 23 (2):174–91. doi: https://doi.org/10.1080/13563467.2017.1370444.
- Gabrisch, Hubert, and Karsten Staehr. 2013. “The Euro Plus Pact: Competitiveness and External Capital Flows in the EU Countries.” Bank of Estonia Working Papers.
- Georgiou, Christakis. 2016. “The Eurozone Crisis and the European Corporate Elite: Bringing Corporate Actors into Focus.” Economy and Society 45 (1):51–76. doi: https://doi.org/10.1080/03085147.2016.1159054.
- Hale, Galina, and Maurice Obstfeld. 2016. “The Euro and the Geography of International Debt Flows.” Journal of the European Economic Association 14 (1):115–44. doi: https://doi.org/10.1111/jeea.12160.
- Hartwell, Christopher A. 2019. “On the Impossibility of Central Bank Independence: Four Decades of Time-(and Intellectual) Inconsistency.” Cambridge Journal of Economics 43 (1):61–84. doi: https://doi.org/10.1093/cje/bex083.
- Husson, Michel. 2015. “Greek Public Debt before the Crisis.” Hussonet.
- Jha, R. 2007. Fiscal Policy in Developing Countries: A Synoptic View. Available at SSRN 978101.
- Johnston, Alison, and Aidan Regan. 2016. “European Monetary Integration and the Incompatibility of National Varieties of Capitalism.” Journal of Common Market Studies 54 (2):318–36. doi: https://doi.org/10.1111/jcms.12289.
- Johnston, Alison, and Aidan Regan. 2018. “Introduction: Is the European Union Capable of Integrating Diverse Models of Capitalism?” New Political Economy 23 (2):145–59. doi: https://doi.org/10.1080/13563467.2017.1370442.
- Johnston, Alison, Bob Hancké, and Suman Pant. 2013. “Comparative Institutional Advantage in the European Sovereign Debt Crisis.” Discussion Paper Series No. 66, LSE Europe in Question.
- Kalyvas, Stathis. 2015. Modern Greece: What Everyone Needs to Know. Oxford University Press.
- Kitromilides, Yiannis. 2011. “Deficit Reduction, the Age of Austerity, and the Paradox of Insolvency.” Journal of Post Keynesian Economics 33 (3):517–36. doi: https://doi.org/10.2753/PKE0160-3477330306.
- Kohler, Karsten. 2021. Capital Flows and Geographically Uneven Economic Dynamics: A Monetary Perspective. Financial Geography Working Paper Series 31. http://www.fingeo.net/wordpress/wp-content/uploads/2021/03/FINGEO-WP31_Kohler.pdf.
- Kohler, Karsten. 2022. Capital Flows and the Eurozone’s North-South Divide, Working Paper 2211, Post-Keynesian Economics Society. http://www.postkeynesian.net/downloads/working-papers/PKWP2211_InGVzKd.pdf.
- Lagarde, Christine. 2020. “Our Response to the Coronavirus Emergency.” The ECB Blog. https://www.ecb.europa.eu/press/blog/date/2020/html/ecb.blog200319∼11f421e25e.en.html.
- Lane, Philip R. 2012. “The European Sovereign Debt Crisis.” Journal of Economic Perspectives 26 (3):49–67. doi: https://doi.org/10.1257/jep.26.3.49.
- Lane, Philip R. 2020. “The ECB’s Monetary Policy Response to the Pandemic: Liquidity, Stabilisation and Supporting the Recovery.” Financial Center Breakfast Webinar, June 24. https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200624∼d102335222.en.html.
- Lapavitsas, Costas. 2019. “Political Economy of the Greek Crisis.” Review of Radical Political Economics 51 (1):31–51. doi: https://doi.org/10.1177/0486613417730363.
- Lapavitsas, Costas, Annina Kaltenbrunner, G. Lambrinidis, Duncan Lindo, Nuno Teles, Jo Michell, James Meadway, Juan Pablo Painceira, Eugénia Pires, Jeff Powell, et al. 2010. The Eurozone between Austerity and Default. Research on Money and Finance.
- Lavoie, Marc. 2013. “The Monetary and Fiscal Nexus of Neo-Chartalism: A Friendly Critique.” Journal of Economic Issues 47 (1):1–32. doi: https://doi.org/10.2753/JEI0021-3624470101.
- Lavoie, Marc. 2014. Post-Keynesian Economics: New Foundations. Edward Elgar Publishing.
- Lavoie, Marc. 2015a. “The Eurozone: Similarities to and Differences from Keynes’s Plan.” International Journal of Political Economy 44 (1):3–17. doi: https://doi.org/10.1080/08911916.2015.1035980.
- Lavoie, Marc. 2015b. “The Eurozone Crisis: A Balance-of-Payments Problem or a Crisis Due to a Flawed Monetary Design?: A Reply to Sergio Cesaratto.” International Journal of Political Economy 44 (2):157–60. doi: https://doi.org/10.1080/08911916.2015.1060831.
- Lechevalier, Arnaud. 2018. “Social Europe and Eurozone Crisis: The Divided States of Europe.” Culture, Practice & Europeanization 3 (3):5–29. doi: https://doi.org/10.5771/2566-7742-2018-3-5.
- Louzis, Dimitrios P., Angelos T. Vouldis, and Vasilios L. Metaxas. 2012. “Macroeconomic and Bank-Specific Determinants of Non-Performing Loans in Greece: A Comparative Study of Mortgage, Business and Consumer Loan Portfolios.” Journal of Banking & Finance 36 (4):1012–27. doi: https://doi.org/10.1016/j.jbankfin.2011.10.012.
- Maris, Georgios, and Pantelis Sklias. 2020. “European Integration and Asymmetric Power: Dynamics and Change in the EMU.” European Politics and Society 21 (5):634–49. doi: https://doi.org/10.1080/23745118.2019.1710998.
- Matsaganis, Manos. 2011. “The Welfare State and the Crisis: The Case of Greece.” Journal of European Social Policy 21 (5):501–12. doi: https://doi.org/10.1177/0958928711418858.
- Mazier, J., and P. Petit. 2013. “In Search of Sustainable Paths for the Eurozone in the Troubled Post-2008 World.” Cambridge Journal of Economics 37 (3):513–32. doi: https://doi.org/10.1093/cje/bet012.
- Merler, Silvia, and Jean Pisani-Ferry. 2012. Sudden Stops in the Euro Area. Bruegel Policy Contribution.
- Naastepad, C. W. M., and Servaas Storm. 2007. “OECD Demand Regimes (1960–2000).” Journal of Post Keynesian Economics 29 (2):211–46. doi: https://doi.org/10.2753/PKE0160-3477290203.
- OECD. 1986. OECD Economic Surveys: Greece 1986.
- OECD. 1987. OECD Economic Surveys: Greece 1987.
- OECD. 1990. OECD Economic Surveys: Greece 1990.
- OECD. 2009. OECD Economic Surveys: Greece 2009.
- OECD. 2011. OECD Economic Surveys: Greece 2011.
- OECD. 2013. OECD Economic Surveys: Greece 2013.
- OECD. 2016. OECD Economic Surveys: Greece 2016.
- Panico, C., and F. Purificato. 2013. “Policy Coordination, Conflicting National Interests and the European Debt Crisis.” Cambridge Journal of Economics 37 (3):585–608. doi: https://doi.org/10.1093/cje/bet009.
- Papazoglou, Christos. 2009. “Is Greece’s Export Performance Really Low?” Bank of Greece, Economic Bulletin No. 32.
- Reinhart, Carmen M., Kenneth S. Rogoff, and Miguel A. Savastano. 2003. Debt Intolerance. National Bureau of Economic Research.
- Reyes, Fidel Aroche. 2015. “The Greek Economic Structure in the 2000’s: A Road to Crisis?” South-Eastern Europe Journal of Economics 12 (1):35–64.
- Schneider, Friedrich. 2011. “The Shadow Economy and Shadow Economy Labor Force: What Do We (Not) Know?” IZA Discussion Paper No. 5769.
- Seccareccia, Mario. 2015. “The ECB and the Betrayal of the Bagehot Rule.” Economia e Politica 7 (10):4. https://www.economiaepolitica.it/banche-e-finanza/the-ecb-and-the-betrayal-of-the-bagehot-rule/.
- Seccareccia, Mario. 2017. “Is High Employment in the Eurozone Possible? Some Reflections on the Institutional Structure of the Eurozone and Its Crisis.” European Journal of Economics and Economic Policies: Intervention 14 (3):351–71. doi: https://doi.org/10.4337/ejeep.2017.03.06.
- Stockhammer, Engelbert, Collin Constantine, and Severin Reissl. 2020. “Explaining the Euro Crisis: Current Account Imbalances, Credit Booms and Economic Policy in Different Economic Paradigms.” Journal of Post Keynesian Economics 43 (2):231–66. doi: https://doi.org/10.1080/01603477.2020.1734464.
- Storm, S., and C. W. M. Naastepad. 2015. “Europe’s Hunger Games: Income Distribution, Cost Competitiveness and Crisis.” Cambridge Journal of Economics 39 (3):959–86. doi: https://doi.org/10.1093/cje/beu037.
- Tinel, Bruno. 2016. Dette Publique : Sortir Du Catastrophisme [Public Debt: Getting out of Catastrophism]. Paris: Raison d’Agir.
- Tooze, Adam. 2018. Crashed: How a Decade of Financial Crises Changed the World. London: Allen Lane.
- Tymoigne, Eric. 2020. “Monetary Sovereignty: Nature, Implementation, and Implications.” Public Budgeting and Finance 40 (3):49–71. doi: https://doi.org/10.1111/pbaf.12265.
- Weeks, John. 2014. “Euro Crises and Euro Scams: Trade Not Debt and Deficits Tell the Tale.” Review of Political Economy 26 (2):171–89. doi: https://doi.org/10.1080/09538259.2014.881009.
- Wray, L. Randall, and Yeva Nersisyan. 2021. “Does the National Debt Matter?” The Japanese Political Economy 46 (4):261–27. doi: https://doi.org/10.1080/2329194X1867586.
- Wyplosz, Charles. 2011. “Changing the Guards at the ECB.” Monetary Dialogue, European Parliament, 31–42. https://www.europarl.europa.eu/RegData/etudes/note/join/2011/464446/IPOL-ECON_NT(2011)464446_EN.pdf.
- Wyplosz, Charles. 2012. Fiscal Rules: Theoretical Issues and Historical Experiences. w17884. Cambridge, MA: National Bureau of Economic Research. doi: https://doi.org/10.3386/w17884.