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The Political Economy of Social Democratic Economic Policies: The Pasok Experiment in Greece

Euclid Tsakalotos

in Social Democracy in Neoliberal Times: The Left and Economic Policy since 1980

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199241378
eISBN:
9780191696923
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199241378.003.0006
Subject:
Economics and Finance, Public and Welfare

PASOK, the Panhellenic Socialist Movement of Greece, is regarded as the most dominant and successful social democratic party in European politics. However, the chapter discusses its failure in the ... More


PASOK’s opportunistic optimism

Costas Simitis

in The European debt crisis: The Greek case

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719095795
eISBN:
9781781707005
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719095795.003.0003
Subject:
Political Science, European Union

This chapter discusses the economic programme of PASOK in the run up to the 2009 election. It argues that the party failed to realise the seriousness of Greece's economic peril and did not ... More


Political games with unpredictable consequences

Costas Simitis

in The European debt crisis: The Greek case

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719095795
eISBN:
9781781707005
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719095795.003.0017
Subject:
Political Science, European Union

The chapter discusses the decision of the Greek Prime Minister, George Papandreou, to call for a referendum on the decisions of the Eurozone Summit of 26 October 2011. It argues that the referendum ... More


The new agreement with the Eurozone (the second Memorandum) and private sector involvement

Costas Simitis

in The European debt crisis: The Greek case

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719095795
eISBN:
9781781707005
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719095795.003.0020
Subject:
Political Science, European Union

The chapter discusses the negotiation of Greece's second Memorandum which accompanied the country's additional financing, worth 130 billion Euros. It is argued that the three parties supporting the ... More


The election of 6 May: euro or drachma?

Costas Simitis

in The European debt crisis: The Greek case

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719095795
eISBN:
9781781707005
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719095795.003.0024
Subject:
Political Science, European Union

The chapter discusses the election of 6 May which brought a seismic change to the party system of Greece. It is argued that New Democracy's underperformance in the election was due to the ... More


Being in denial

Costas Simitis

in The European debt crisis: The Greek case

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719095795
eISBN:
9781781707005
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719095795.003.0004
Subject:
Political Science, European Union

The chapter traces the early economic record of PASOK following its electoral victory in 2009. It argues that the new government failed to act quickly and convincingly in order to calm fears over the ... More


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