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dc.contributor.authorMoutos, Thomasen_US
dc.contributor.authorTsitsikas, Christosen_US
dc.date.accessioned2010-07-01en_US
dc.date.accessioned2010-08-18T11:18:57Z-
dc.date.available2010-08-18T11:18:57Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/38969-
dc.description.abstractDuring the last three decades there has been an almost continuous undermining of the public interest by private interests operating either outside or inside Greek public administration. The result of this infiltration has been a gradual loss of bureaucratic autonomy to pursue the public interest. The web of relationships developed between private interests and the two dominant political parties have eroded both the efficacy of public administration and the dynamism of the private sector as incumbent firms and public (or quasi-public) sector functionaries have been using their power to prevent the birth of new firms and to raid the state coffers. The upshot of these have been the emergence of permanently large budget and current account deficits, which have in turn driven Greece's foreign indebtedness to alarming levels, necessitating the current bailout by the EU/ECB/IMF.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper Fiscal Policy, Macroeconomics and Growth 3098en_US
dc.subject.jelE21en_US
dc.subject.jelH11en_US
dc.subject.jelH41en_US
dc.subject.jelH62en_US
dc.subject.jelH63en_US
dc.subject.ddc330en_US
dc.subject.keyworddebten_US
dc.subject.keyworddeficitsen_US
dc.subject.keywordpolitical economyen_US
dc.subject.keywordfiscal crisisen_US
dc.subject.keywordGreeceen_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwPatronageen_US
dc.subject.stwInteressenpolitiken_US
dc.subject.stwÖffentliche Verwaltungen_US
dc.subject.stwÖffentliches Interesseen_US
dc.subject.stwHaushaltsdefiziten_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwGriechenlanden_US
dc.titleWhither public interest: The case of Greece's public financesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn630452709en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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