Democracy and an Open-Economy World Order

  • George C. Bitros
  • Nicholas C. Kyriazis

Table of contents

  1. Front Matter
    Pages i-xii
  2. Ethics and Liberty in the New World Economic Order

    1. Front Matter
      Pages 1-1
    2. Andrew N. Liaropoulos
      Pages 25-35
  3. Democracy and Free Market Economy

  4. The Political Economy of Institutions

    1. Front Matter
      Pages 123-123
    2. Emmanouil-Marios L. Economou, Nicholas Kyriazis, Theodore Metaxas
      Pages 147-159
  5. On the Roots of Economic Crisis in the European Periphery

    1. Front Matter
      Pages 179-179
  6. Democracy in the European Union

    1. Front Matter
      Pages 207-207
  7. Other Aspects of Democracy, Peace and Conflict

    1. Front Matter
      Pages 233-233
    2. Paschalis Arvanitidis, Fotini Nasioka
      Pages 235-255
  8. Back Matter
    Pages 269-284

About this book


The essays in this volume explore several key issues facing democracies today. They discuss the dilemma of how to protect civil liberties and individual freedoms in the light of external threats and assess the policies adopted by governments in this area. The book also addresses the question of how free, exactly, free markets should be in an economy in order to secure social peace, before going on to highlight the rudiments of the model of social market economy, as applied in Germany. It examines the problem of the democratic and legitimacy deficits that beset European integration and suggests reforms for a more democratic European Union. Last but not least, by looking back in history, they provide evidence and propose policies for the revitalization of institutions in present-day democracies. The book is of considerable interest to researchers and students in economics and political science, as well as to readers who wish to gain insights into the thorny social issues involved.


Democracy Governance Social Market Economy EU Crisis Political Economy of Institutions European Integration

Editors and affiliations

  • George C. Bitros
    • 1
  • Nicholas C. Kyriazis
    • 2
  1. 1.Department of EconomicsAthens University of Economics and BusinessAthensGreece
  2. 2.Department of EconomicsUniversity of ThessalyVolosGreece

Bibliographic information