From Stagnation to Forced Adjustment

Reforms in Greece, 1974-2010

Edited by
December 2012 9781849041980 320pp
Temporarily out of stock


This book sets out the background to Greece’s current political and economic crisis, examining its three decades of stopstart reforms and their political and institutional consequences.

Ever since Greece’s 1974 transition to democracy there has been constant talk of reforms. Major changes in its economy, society and polity have attempted to bring Greek institutions and policies in line with more developed West European countries. Some reforms have come to fruition (creation of the NHS, Eurozone entry, banking liberalisation, some privatisations), others have recurred over the years (educational reform), while others have been spasmodic and elusive (pension and civil service reforms). The Greek malaise, widely felt and discussed in the country, has intensified the need for yet further reforms, yet attempts to introduce them has also fuelled systematic resistance from organised interest groups, which has led to a broadly perceived sense of inertia and stagnation, or at least truncated progress. This book sets out the background to Greece’s current political and economic crisis, examining its three decades of  stopstart reforms and their political and institutional consequences.


‘This is the best volume yet on recent economic policy in Greece. It combines analytic rigor with a command of critical economic, legal, and historical details. Eschewing overly technical analysis, this group of authors recognizes that the causes of Greece’s dilemmas and the future trajectory of Greek reform rest above all on domestic politics. Greek politicians, they argue, can act more freely and effectively than many observers realise.’ — Foreign Affairs

‘Aims to provide a comprehensive study of reform attempts in Greece in a wide range of policy areas, with a theoretical underpinning. The list of authors includes some of the best experts on Greece. … This book is extremely topical and it will remain so for some time.’ — Professor Loukas Tsoukalis, Special Adviser to the President of the European Commission and Jean Monnet Professor of European Organisation, University of Athens

‘This is an engrossing account and the best research that has yet been published on Greece’s reform experience over the past thirty-five years. Closely argued, very readable and stimulating.’ — Elias Mossialos, Professor of Health Policy, London School of Economics and Political Science and former Minister of State in Greece.

From Stagnation to Forced Readjustment is a timely book that provides a comprehensive overview of the reform process of Greece since it emerged from dictatorship in 1974 … This book is highly recommended for scholars and policymakers in multiple fields, including economics, international relations, and political science.’ — Jared A. Pincin, e-International Relations


Stathis N. Kalyvas is Arnold Wolfers Professor of Political Science and Director of the Program on Order, Conflict, and Violence, Yale University. He is the author of The Logic of Violence in Civil War (2006) and The Rise of Christian Democracy in Europe (1996).

George Pagoulatos is Professor of European Politics and Economy at the Department of International and European Economic Studies, Athens University of Economics and Business, and Visiting Professor at the College of Europe in Bruges.

Haridimos Tsoukas holds the Columbia Shipping Company Chair of Organization and Management at the University of Cyprus, and is Professor of Organization Studies at Warwick Business School, University of Warwick. He is editor-in-chief of Organization Studies, a European management journal.

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