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

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.


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DOI: https://doi.org/10.11114/aef.v7i1.4669

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Applied Economics and Finance    ISSN 2332-7294 (Print)   ISSN 2332-7308 (Online)

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