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This is Greece, a fantastic European Mediterranian nation that has been famed in recent years for its not so fantastic economy.

Greece in the 21st century looks like many other middle-of-the-road developed economies, it has had and still does have a lot of things going for it, it has a huge tourism industry, one of the largest per capita in the world, and its exotic islands and ancient landmarks still attract millions every year bringing with them all those wonderful tourist dollars. In this video, we explore how a once healthy nation got everything so wrong.

📚 Want to learn more about the economy of Greece? We recommend reading “The Last Bluff: How Greece came face-to-face with financial catastrophe & the secret plan for its euro exit”, by Viktoria Dendrinou and Eleni Varvitsioti 👉 https://amzn.to/37h6G5g (as an Amazon Associate, we earn from qualifying purchases)

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⭑ Enjoyed? Hit the like button! 👍

Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g

✉️ Business Enquiries → EconomicsExplained@ibg.yt

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#Greece #Economics #Austerity

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

Sources & Citations –

Κάτσιος, Σ., 2015. The shadow economy and corruption in Greece. South-Eastern Europe Journal of Economics

Fakiolas, R., 2000. Migration and unregistered labour in the Greek economy. In Eldorado or fortress? Migration in southern Europe

Petrakis, P., 2012. The Greek Economy and the Crisis. In The Greek Economy and the Crisis. Springer, Berlin, Heidelberg

Provopoulos, G.A., 2014. The Greek economy and banking system: recent developments and the way forward. Journal of Macroeconomics

Baltas, N.C., 2013. The Greek financial crisis and the outlook of the Greek economy. The Journal of Economic Asymmetries

Rogers, C. and Vasilopoulou, S., 2012. Making sense of Greek austerity. The Political Quarterly

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ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained

The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️
See new videos early, participate in exclusive Q&As, and more!
➡️ https://www.patreon.com/EconomicsExplained

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

This is Greece, a fantastic European Mediterranian nation that has been famed in recent years for its not so fantastic economy.

Greece in the 21st century looks like many other middle-of-the-road developed economies, it has had and still does have a lot of things going for it, it has a huge tourism industry, one of the largest per capita in the world, and its exotic islands and ancient landmarks still attract millions every year bringing with them all those wonderful tourist dollars. In this video, we explore how a once healthy nation got everything so wrong.

📚 Want to learn more about the economy of Greece? We recommend reading “The Last Bluff: How Greece came face-to-face with financial catastrophe & the secret plan for its euro exit”, by Viktoria Dendrinou and Eleni Varvitsioti 👉 https://amzn.to/37h6G5g (as an Amazon Associate, we earn from qualifying purchases)

Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍

Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g

✉️ Business Enquiries → EconomicsExplained@ibg.yt

Follow EE on social media:
Twitter 🐦 → https://twitter.com/EconomicsEx
Facebook → https://www.facebook.com/EconomicsEx
Instagram → https://www.instagram.com/EconomicsEx…
Discord → https://discord.gg/MJGcTH6

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

#Greece #Economics #Austerity

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

Sources & Citations –

Κάτσιος, Σ., 2015. The shadow economy and corruption in Greece. South-Eastern Europe Journal of Economics

Fakiolas, R., 2000. Migration and unregistered labour in the Greek economy. In Eldorado or fortress? Migration in southern Europe

Petrakis, P., 2012. The Greek Economy and the Crisis. In The Greek Economy and the Crisis. Springer, Berlin, Heidelberg

Provopoulos, G.A., 2014. The Greek economy and banking system: recent developments and the way forward. Journal of Macroeconomics

Baltas, N.C., 2013. The Greek financial crisis and the outlook of the Greek economy. The Journal of Economic Asymmetries

Rogers, C. and Vasilopoulou, S., 2012. Making sense of Greek austerity. The Political Quarterly

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

EE Fan Exclusive Offer:

Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!)

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained

The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas