Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Keeping an innovative focus on the role of the state-finance connection, the book analyses the case of Greece in terms of four main comparative processes: postwar development, sociopolitical democratization, institutional Europeanization and economic globalization. George Pagoulatos argues that the state-finance connection crucially served the overarching political economy and government priorities of each period. Taking a comparative approach, the book examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the organization of interest groups, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the complex political economy of graduating from underdeveloped country status to membership of the advanced Euro-zone.

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