Economic History of Greece

Professor George Alogoskoufis, Athens University of Economics and Business


The Greeks: A Global History, by Roderick Beaton – review

This survey reflects the depth and complexity of Greece, a small country with a world-conquering ethos Katherine Fleming*, The Guardian December 10 2021 When the Greek poet George Seferis rose to give his speech on being awarded the 1963 Nobel prize for literature, he asserted that the Swedish Academy’s honour was not so much for […]

A new book shows how the Greek revolution shaped Europe

The Greek Revolution: 1821 and the Making of Modern Europe. By Mark Mazower. Penguin Press; 608 pages; $35. Allen Lane; £30 Review in The Economist, November 6, 2021 _______________________________________________ When a coalition of footloose merchants, sea captains, hard-pressed peasants, landlords, bandits, clerics and intellectuals raised the flag against the Ottomans in the spring of 1821, […]

Key Drivers of the History of the Greek Economy: From 1821 to the Present

Summary of a Paper presented by George Alogoskoufis at the online Harvard/Fletcher Conference on New Perspectives on the Greek Revolution, September 24-25, 2021. Modern Greece has a history of about two centuries. During these two hundred years, the country and the economy have been radically transformed.  1. Greece managed to almost triple its national territory, in […]

1821 Before and After: Major Exhibition at the Benaki Museum, Athens

The Benaki Museum, in cooperation with the Bank of Greece, the National Bank of Greece and Alpha Bank, presents a major anniversary exhibition to celebrate the bicentenary of the pivotal year in modern Greek history, 1821, the year when the revolution which resulted in the country’s independence was declared. One thousand and two hundred objects […]

Greece and the Euro: From Crisis to Recovery

The origins of the post-2010 Greek crisis and the pre-conditions – economic, political and institutional – for a sustained recovery of the Greek economy were examined recently by a number of prominent academics, many of whom possess extensive political experience in Greece.  A selection of their contributions, first presented in a workshop at the London […]

Revolutionary reckonings: Greek independence, 1821 and the historians

by Mark Mazower Times Literary Supplement, March 26, 2021 The uprising in Ottoman Europe which culminated in the independence of Greece was launched exactly 200 years ago. In a matter of months, a Christian peasant insurgency ousted the Ottomans from most of the Peloponnese in a conflict of immense ferocity, while Greek ships challenged the […]

The Two Faces of Janus: 1954-73 versus 1974-93

Institutions, Policy Regimes and Macroeconomic Performance in Greece George Alogoskoufis Economic Policy, April 1995 A timely article on the Greek economy from … 1995. It compares macroeconomic performance in Greece during two consecutive twenty year periods, 1954-73 and 1974-93, and analyses how institutions and policy regimes affect macroeconomic performance. The clear change in policy regime […]

Historical Cycles of the Greek Economy (from 1821 to the Present)

George Alogoskoufis English translation and adaptation of a short article published in the Greek newspaper ΤΑ ΝΕΑ, January 23, 2021 The article is a summary of research reported in, Historical Cycles of the Economy of Modern Greece: From 1821 to the Present, Working Paper no. 1-2021, Department of Economics, Athens University of Economics and Business. The economy […]

History of Modern Greece (Wikipedia)

The history of modern Greece covers the history of Greece from the recognition of its autonomy from the Ottoman Empire by the Great Powers (Great Britain, France, and Russia) in 1828, after the Greek War of Independence, to the present day. The main events in the history of modern Greece can be reviewed in the […]

Greece: Economic and Social Developments since Roman Times (Britannica)

… Greece’s existence as an independent state gained formal recognition in the treaty of 1832 between Bavaria and the great powers, but the Greeks themselves were not involved in the making of the treaty. Greece formally became a sovereign state, and the Greeks became the first of the subject peoples of the Ottoman Empire to […]


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