Inflexibility and Adjustment of the Greek Economy under Liberalisation

  • Alexander H. Sarris
Part of the International Economic Association Series book series (IEA)


The purpose of this paper is to discuss the short- and medium-term prospects for Greek economic growth in the light of the liberalisation of current and capital accounts due to take place in the context of the Single European Act, as part of the completion of the EC internal market by 1992. The discussion will first delineate the structural features of the Greek economy that affect current short-term macroeconomic adjustments, and then consider the prospects for developments after 1992.


Labour Market Public Sector Gross Domestic Product Private Firm Private Saving 
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Copyright information

© International Economic Association 1992

Authors and Affiliations

  • Alexander H. Sarris
    • 1
  1. 1.University of AthensGreece

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