Liargovas, G. – To Archeio https://toarcheio.org To Archeio project site Thu, 30 Apr 2020 15:23:31 +0000 en-GB hourly 1 https://wordpress.org/?v=5.4.1 Is a “bad bank” solution for a possible future Greek banking crisis? https://toarcheio.org/items/is-a-bad-bank-solution-for-a-possible-future-greek-banking-crisis/ Tue, 16 Apr 2019 22:25:14 +0000 http://arc.local/items/is-a-bad-bank-solution-for-a-possible-future-greek-banking-crisis/ Continued]]> This chapter examines the “bad bank” solution for a possible future Greek banking crisis which might originate by the accumulation of non-performing loans in banks’ loan portfolios. “Bad bank” solution in Greece is apart from all a funding problem and it is not the best solution to be implied because the Greek economy and the Greek banking sector are in a very weak fiscal position. Greek enhancement programme of ε28 billion was not enough to stabilize the Greek banking sector and offer sufficient funding in the Greek economy. In order to prevent possible future liquidity crisis, there is need to improve liquidity buffer (safe assets) of the Greek banking sector which means higher capital adequacy standards to limit liquidity risk and implement better risk management. A combination of mergers and acquisitions would be the best solution.

]]> Stabilization and reform in a statist regime, 1974-2011 https://toarcheio.org/items/stabilization-and-reform-in-a-statist-regime-1974-2011/ Tue, 16 Apr 2019 22:25:13 +0000 http://arc.local/items/stabilization-and-reform-in-a-statist-regime-1974-2011/ Continued]]> This chapter deals with the politics of economic stabilization and reform in Greece and addresses questions already raised in the literature. The focus is specifically on the changes in economic and social policies characterized by a transition from statist designs to ambivalent liberal reforms. Thereby, we do not address one policy field alone but look at a number of core issues or policies that include fiscal discipline, product and labor market reforms, privatization, pensions and environment. The analysis, covering the entire time span from 1974 on to the present, is a tale of an ultimately failed liberal adjustment. To explain it we apply mainly soft public choice approaches about interest-based behavior; (institutionalist) references to path-dependent political norms and practices and formal rules of the game; and, inevitably, ideas, while allowing for the impact of multilateral arrangements and crisis as external inducements to reform. The course of things and the exemplifications we provide invite to a reexamination of the ultimate balance between institutionalized coordination mechanisms of the EU and domestic forces.

Stabilization and reform in a statist regime, 1974-2011. Available from: https://www.researchgate.net/publication/287061235_Stabilization_and_reform_in_a_statist_regime_1974-2011 [accessed Aug 22 2018].

]]> The Greek economic crisis: A trigger for public administration reforms? https://toarcheio.org/items/the-greek-economic-crisis-a-trigger-for-public-administration-reforms/ Tue, 16 Apr 2019 22:25:13 +0000 http://arc.local/items/the-greek-economic-crisis-a-trigger-for-public-administration-reforms/ Continued]]> Greece was the first European Monetary Union country to sign a Memorandum with the European Commission and the European Central Bank in order to secure financial assistance and prevent a total collapse of its economy following the severe international economic crisis. This Memorandum (2010), offered detailed steps of structural reforms that have affected all public services in Greece. The lack of major results and the stickiness of the ‘Greek problem’ have made Greece a unique casestudy for evaluating both the recipe of the international donors and the domestic capacity for reform. A historical institutionalist approach and the concept of ‘policy paradigm’ are combined in order to evaluate what are the conditions for a major administrative reform in time of crisis. The article focuses on the specific attempt to reform public administration during the Papandreou government in order to analyse the importance of both time and type of change in the success of a major reform programme.

]]> Info-communication globalisation and the Global Info-Cash (GIC): A practical way for Greece to emerge from the crisis https://toarcheio.org/items/info-communication-globalisation-and-the-global-info-cash-gic-a-practical-way-for-greece-to-emerge-from-the-crisis/ Tue, 16 Apr 2019 22:25:12 +0000 http://arc.local/items/info-communication-globalisation-and-the-global-info-cash-gic-a-practical-way-for-greece-to-emerge-from-the-crisis/ Continued]]> Nowadays digital transactions are part of our everyday life. The info-communication globalisation becomes a fact of life for civil society worldwide, involving many actors – politicians, activists, non-governmental organisations, info-communication firms, software providers and political parties. This raises obvious questions for the role of new communications technologies, the recent Greek crisis, the info-communication public sphere, participatory democracy and the digital form of currencies. As the info-communication public sphere gets more complex and chaotic, regular citizens/users/consumers are gaining access to digital entertainment, information and education anywhere and at anytime. This chapter examines and analyses the role of the info-communication globalisation in recent Greek crisis. It introduces the info-communication public sphere and the participatory democracy as analytical ‘tools’ to examine the Greek crisis. Moreover, it analyses the Greek crisis together with the recent crisis in the USA. Finally, it strongly recommends that a practical way for Greece and the USA to emerge from the recent crisis is: to switch off the physical form of the Euro and dollar currencies, i.e. the cash payments using different currencies such as the Euro and the Dollar and switch on the digital form of single currency the Global Info-Cash (GIG), i.e. the info-cash payment using the digital subdivision of the Global Info-Cash, such as Info-CashGR and Info-CashUSA.

Info-communication globalisation and the Global Info-Cash (GIC): A practical way for Greece to emerge from the crisis | Request PDF. Available from: https://www.researchgate.net/publication/292488772_Info-communication_globalisation_and_the_Global_Info-Cash_GIC_A_practical_way_for_Greece_to_emerge_from_the_crisis [accessed Aug 22 2018].

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