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dc.contributor.authorMoutos, Thomasen
dc.contributor.authorTsitsikas, Christosen
dc.date.accessioned2010-07-01-
dc.date.accessioned2010-08-18T11:18:57Z-
dc.date.available2010-08-18T11:18:57Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3098en
dc.subject.jelE21en
dc.subject.jelH11en
dc.subject.jelH41en
dc.subject.jelH62en
dc.subject.jelH63en
dc.subject.ddc330en
dc.subject.keyworddebten
dc.subject.keyworddeficitsen
dc.subject.keywordpolitical economyen
dc.subject.keywordfiscal crisisen
dc.subject.keywordGreeceen
dc.subject.stwFinanzpolitiken
dc.subject.stwPublic Choiceen
dc.subject.stwPatronageen
dc.subject.stwInteressenpolitiken
dc.subject.stwÖffentliche Verwaltungen
dc.subject.stwÖffentliches Interesseen
dc.subject.stwHaushaltsdefiziten
dc.subject.stwÖffentliche Schuldenen
dc.subject.stwGriechenlanden
dc.titleWhither public interest: The case of Greece's public finances-
dc.typeWorking Paperen
dc.identifier.ppn630452709en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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