Author: Petrakis, Panagiotis E.
Title: The Major Macroeconomic Trends Cord-id: xlj31f71 Document date: 2020_8_19
ID: xlj31f71
Snippet: This chapter presents the major macroeconomic trends that are expected to have a decisive impact on the future world, shaping conditions for change in the Greek economy and, therefore, conditions for its development and growth. Initially, it is considered appropriate to analyze pessimistic and optimistic views of the sources of growth, taking into account the effect of Covid-19. Then, the main economic megatrends related to debt development are looked at, as well as financial instability, low pr
Document: This chapter presents the major macroeconomic trends that are expected to have a decisive impact on the future world, shaping conditions for change in the Greek economy and, therefore, conditions for its development and growth. Initially, it is considered appropriate to analyze pessimistic and optimistic views of the sources of growth, taking into account the effect of Covid-19. Then, the main economic megatrends related to debt development are looked at, as well as financial instability, low productivity, developments on economic convergence, high levels of uncertainty, and productive structural change. Finally, the macroeconomic effects of Covid-19 are analyzed, emphasizing its role as an accelerator and amplifier of every observed trend in the economy.
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