Jump to ContentJump to Main Navigation
Changing Inequalities and Societal Impacts in Rich CountriesThirty Countries' Experiences$
Users without a subscription are not able to see the full content.

Brian Nolan, Wiemer Salverda, Daniele Checchi, Ive Marx, Abigail McKnight, István György Tóth, and Herman G. van de Werfhorst

Print publication date: 2014

Print ISBN-13: 9780199687428

Published to Oxford Scholarship Online: April 2014

DOI: 10.1093/acprof:oso/9780199687428.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 27 April 2018

Greece

Greece

The (Eventual) Social Hardship of Soft Budget Constraints

Chapter:
(p.299) Chapter 13 Greece
Source:
Changing Inequalities and Societal Impacts in Rich Countries
Author(s):

Margarita Katsimi

Thomas Moutos

George Pagoulatos

Dimitri Sotiropoulos

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199687428.003.0013

The chapter examines the evolution of inequality in Greece and its broader socioeconomic, political, and policy implications. Greece stands out as a country case study since over the period 1974–2009 it experienced a significant reduction of inequality, mainly due to fortuitous macroeconomic developments. However, the catch-up with the EU15 levels of social spending did not coincide with improvements in the effectiveness of welfare state institutions and policies, and has not led to higher levels of political participation and of institutional trust. The appearance of improving efficiency in social welfare provision was mainly due to the soft budget constraints which prevailed during most of the period. The bursting of the debt bubble has left Greece exposed to serious political and social problems.

Keywords:   Decline in inequality, macro-economy, ineffectiveness, welfare state, Greece, social impacts, political participation, political influence

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .