Funding the Greek Crisis - 1st Edition - ISBN: 9780128145661

Funding the Greek Crisis

1st Edition

The European Union, Cohesion Policies, and the Great Recession

Authors: Constantinos Ikonomou
Paperback ISBN: 9780128145661
Imprint: Academic Press
Page Count: 225
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How does one distinguish between European Union investments that improve welfare and those that create economic malaise? Funding the Greek Crisis: The European Union, Cohesion Policies, and the Great Recession explores the sources of the Greek Crisis that lie primarily in EU policies that worked well for other countries but not for Greece. Without overly simplifying the Greek condition, it provides insights into policies the countries of the euro area may need to implement in order to ensure collective cohesion and individual success. Arguing that EU preferences for autonomous investments discouraged organic development with lasting implications, Funding the Greek Crisis sheds new light on the nature of regional competitiveness and public economics.

Key Features

  • Encompasses public economics, macroeconomics, international trade, competitiveness, microeconomics, and regional development studies
  • Sheds light on key policies that affect millions of EU citizens
  • Examines Solow’s growth model and provides a different way of explaining growth from real business cycle theory


Upper-division undergraduates, graduate students, and professionals working in EU economic studies and regional economics

Table of Contents

PART I: Theory
1. Introduction

PART II: Evidence
2. The allocation of EU Funds in Greece
3. The programming of Cohesion policy in Greece
4. Greece’s Balance with the EU
5. Long-term effects and implications from the imbalanced allocation of funds

PART III: Conclusions
6. Conclusions and final thoughts
7. References

PART IV:  Appendix: Theoretical Implications
8. Potential theoretical implications


No. of pages:
© Academic Press 2018
Academic Press
Paperback ISBN:

About the Author

Constantinos Ikonomou

Dr Constantinos Ikonomou is an adjunct lecturer over the last six years at the Department of Economics of the National and Kapodistrian University of Athens. He has been associated as a Research Fellow at the Department of Political Studies and International Relations of the University of Peloponnese and taught as a Professor-Consultant at the Hellenic Open University as well as in other Greek universities. He holds a Ph.D. degree from the University of Cambridge and an MSc from London School of Economics. He has published in several Greek and international journals and conferences and his interests range across many fields in economics, growth theory, business growth theory, regional and local studies, as well as the EU Cohesion Policy and its evaluation.

Affiliations and Expertise

University of Peloponnese, Greece