A Descriptive Review Of Structural And Qualitative Characteristics In Greek Industry

According to the majority of the Greek economic researchers, the big recession in Greece as well as other Southern European countries came as a result of the former choice of policies. Following this opinion, governing strategies adopted within the last decades and the historical context led to the deindustrialization of the Greek economy. As a consequence, an unsustainable social development in the future was created. Moreover, factors such as the quantity and the size of businesses, the technology used, and investments are described in correlation to the country’s current inferior state. Furthermore, the basic argument that comes from the findings of this review is that new policies and institutional strategies need to be adopted in the Greek industrial sector. Undoubtedly, the demand for the change of these policies in accordance with new planning on productivity will enhance the developing role of the Greek industrial sector.