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Mapping the Socio-Economic Indicators of Greece from the Implementation of the Monetary Policy and the Tax Administration

Author

Listed:
  • Panagiotis Liargovas
  • Athanasios Anastasiou
  • Dimitrios Komninos
  • Zacharias Dermatis

Abstract

The economic crisis that led to a decline in private consumption in the period 2009-2016 is the main factor that has accelerated developments in the country's business map, in the sense that in many cases of business development in Greece there are structural weaknesses revealed by the crisis. This confirms that the country's economic crisis cannot be an alibi for the many problems of the Greek economy.The impact of the economic crisis differs not only between countries where low- and middle-income countries are more affected by developed countries but also within countries. The dramatic decline in wages and pensions has led to a decline in the purchasing power of citizens. The debt crisis, the weakening of demand in the context of addressing the competitiveness of the Greek economy and the significant structural interventions in the labor market, affected supply and demand in the labor market and its participants.The purpose of this paper is to present the social and economic indicators of our country by implementing the policy of the memorandums and the Tax Administration. In particular, a mapping exercise is being undertaken in the period 2009-2016-• The number of starts, change of tax office and business holidays• The business map of our country• Unemployment rates as they have been in our country• The degree of contribution of austerity programs and memorandum policies to addressing unemployment.• The areas and categories of occupations where the highest unemployment rates have occurred.• The role of Tax Administration in addressing these problems.

Suggested Citation

  • Panagiotis Liargovas & Athanasios Anastasiou & Dimitrios Komninos & Zacharias Dermatis, 2020. "Mapping the Socio-Economic Indicators of Greece from the Implementation of the Monetary Policy and the Tax Administration," Applied Economics and Finance, Redfame publishing, vol. 7(1), pages 42-52, January.
  • Handle: RePEc:rfa:aefjnl:v:7:y:2020:i:1:p:42-52
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    References listed on IDEAS

    as
    1. Markantonatou, Maria, 2013. "Diagnosis, treatment, and effects of the crisis in Greece: A 'special case' or a 'test case'?," MPIfG Discussion Paper 13/3, Max Planck Institute for the Study of Societies.
    2. Zavou Argyro & Anastasiou Athanasios & Liargovas Panagiotis & Dermatis Zacharias & Komninos Dimitrios, 2018. "Trade Flows and Economic Growth Between Countries – Members of the European Union," Noble International Journal of Economics and Financial Research, Noble Academic Publsiher, vol. 3(7), pages 78-85, July.
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    Cited by:

    1. Athanasios Anastasiou & Dimitrios Komninos & Zacharias Dermatis & Panagiotis Liargovas, 2020. "The Impact of Social Indicators of Economic Freedom and Poverty on Greece's GDP Index," Technium Social Sciences Journal, Technium Science, vol. 8(1), pages 259-272, June.
    2. Komninos Dimitrios & Dermatis Zacharias & Anastasiou Athanasios & Liargovas Panagiotis, 2020. "The multiplicity and the frequent changes of the tax legislation in the Greek Tax Administration," Technium Social Sciences Journal, Technium Science, vol. 13(1), pages 395-407, November.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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