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A socioeconomic evaluation of austerity and labour market reforms in Greece after the 2008 crisis

Abstract : The Greek crisis of 2009, which was triggered by the wider global and European crisis, pointed out the long-standing weaknesses of Greece’s accumulation regime. During the period of 2010-2018, several labour market reforms were applied, as part of the economic adjustment programme that accompanied the financial assistance provided to the country. The aim of the reforms was to increase productivity, enhance competitiveness and reinforce Greece’s economic model. These reforms led to the deregulation of labour market, the establishment of flexible forms of employment and the introduction of a new institutional frame in the wage-setting mechanisms. The present work seeks to evaluate these labour market reforms, by comparing their efficiency in achieving their aims to the social and economic cost that they created.
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Submitted on : Thursday, February 10, 2022 - 4:16:17 PM
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Iris Nikolopoulou. A socioeconomic evaluation of austerity and labour market reforms in Greece after the 2008 crisis. LIEPP Working Paper, Laboratoire interdisciplinaire d’évaluation des politiques publiques (LIEPP, Sciences Po), 2022. ⟨hal-03564856⟩

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