Abstract
The history of Greek post-war recovery and reconstruction, 1944–1952, represents the first effort at reconnecting Greece to the international economy after the war. This process cannot be understood independently of what had preceded it. The targets set and the policies followed during the period of Greek recovery and reconstruction, namely from 1944 to 1952, were the culmination of the earlier process of economic development that had followed the creation of an integral and sizeable Greek economy in the interwar period. After the setbacks of the war, the idea of returning productive capacity to 1938 level was to be confronted with the critical appraisal of the development process that had been followed after 1922. (This time, however, these earlier directions were, fortunately, reconsidered.)
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Notes
- 1.
G Papandreou would later call the splint group that withdrew support from his 1965 Government and led to his downfall “Apostasia”.
- 2.
During the parliamentary debate on Ebasco and the organization of the Ministry of Coordination, the office of the permanent deputy minister in charge of reconstruction was abolished and Doxiadis was fired. See Eleftheria 20 December 1950.
- 3.
Varvaressos (1952). Beyond the structure of the economy Varvaressos supported administrative reform and budget austerity. While he was criticized by Zolotas and other economists on his views regarding the future structure of the economy, his views on administrative reform and budget savings got positive reception.
- 4.
Review of National and Political Science, 7/1, Jan–Mar 1952, Papazissis, Athens.
- 5.
For a list of industries completed see Τα Πρώτα Πενήντα Χρόνια της Τράπεζας Ελλάδος Αθήνα pp. 543, 530. This was supported by the spectacular progress in power generation since the creation of the Public Power Corporation, ibid. p. 532.
- 6.
See Xenophon Euthymiou Zolotas Monetary Equilibrium and Economic Development, Princeton 1965.
- 7.
W. Guttman , The Pacific Dynamic: Miracles of Power D. Phil, Oxford 1990.
- 8.
C. S. Maier “The Politics of Productivity: Foundations of American International Economic Policy after World War II”, in International Organization vol. 31, no 4, Autumn 1979.
Bibliography
Greece
Varvaressos, K., Έκθεσις επί του Οικονομικού Προβλήματος της Ελλάδος (Report on the Economic Problem of Greece), Athens 1952.
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Politakis, G. (2018). Conclusion. In: The Post-War Reconstruction of Greece. Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-57734-4_10
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