When Austerity Didn’t Work: A Case Study of Greece
Název práce: | When Austerity Didn't Work: A Case Study of Greece |
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Autor(ka) práce: | Stamatiadis, Andreas |
Typ práce: | Bachelor thesis |
Vedoucí práce: | Chytilová, Helena |
Oponenti práce: | Prokop, Jaromír |
Jazyk práce: | English |
Abstrakt: | The aim of this thesis is to evaluate the austerity measures implemented by Greece during the Eurozone sovereign debt crisis. After providing information on the structural deficiencies of the Greek economy and how they created the crisis and affect economic growth, this thesis provides academic literature and empirical research on the austerity effects on the Greek economy and the Greek people. Furthermore, it criticizes austerity and the fallacies of the IMF, while also debating the Keynesian and supply-side approaches. The results show that albeit remarkable achievements in fiscal consolidation, austerity caused an ongoing recession, while failing to tackle existing structural problems of the Greek economy and increasing regional inequalities and deterioration of the Greek peoples physical and mental health. |
Klíčová slova: | fiscal multipliers ; IMF; Greek crisis; austerity |
Název práce: | When Austerity Didn’t Work: A Case Study of Greece |
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Autor(ka) práce: | Stamatiadis, Andreas |
Typ práce: | Bakalářská práce |
Vedoucí práce: | Chytilová, Helena |
Oponenti práce: | Prokop, Jaromír |
Jazyk práce: | English |
Abstrakt: | The aim of this thesis is to evaluate the austerity measures implemented by Greece during the Eurozone sovereign debt crisis. After providing information on the structural deficiencies of the Greek economy and how they created the crisis and affect economic growth, this thesis provides academic literature and empirical research on the austerity effects on the Greek economy and the Greek people. Furthermore, it criticizes austerity and the fallacies of the IMF, while also debating the Keynesian and supply-side approaches. The results show that albeit remarkable achievements in fiscal consolidation, austerity caused an ongoing recession, while failing to tackle existing structural problems of the Greek economy and increasing regional inequalities and deterioration of the Greek peoples physical and mental health. |
Klíčová slova: | Greek crisis; austerity; IMF; fiscal multipliers |
Informace o studiu
Studijní program / obor: | Ekonomie a hospodářská správa/Economics |
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Typ studijního programu: | Bakalářský studijní program |
Přidělovaná hodnost: | Bc. |
Instituce přidělující hodnost: | Vysoká škola ekonomická v Praze |
Fakulta: | Národohospodářská fakulta |
Katedra: | Katedra ekonomie |
Informace o odevzdání a obhajobě
Datum zadání práce: | 24. 4. 2016 |
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Datum podání práce: | 7. 9. 2016 |
Datum obhajoby: | 8. 9. 2016 |
Identifikátor v systému InSIS: | https://insis.vse.cz/zp/57437/podrobnosti |