The book presents the first comprehensive account of how economists, engineers and industrialists mapped out the economic future of Greece in the aftermath of civil war devastation. It documents the policy debate that took place among Greece and its sponsors about the future course of the economy, the required investment and their financing. Through historical narrative, archival sources and oral history, this book offers a better understanding of the achievements proclaimed by many economists as an economic miracle.

Provides background on the recent trouble in the Greek economy Details how the Greek economy was transformed into a pariah of developed economies Provides insight into the perplexing role of external economic assistance in bringing about the desired results under the rare condition of country ownership.

Autorentext

George Politakis has a B.A in Economics from the University of Athens, Greece and a Ph.D in International Relations from the University of Oxford, UK.

Inhalt

1. Greece's Pre War Economic Development and External Economic Relations.- 2: Wartime and Liberation Economic Policy.- 3: The Varvaressos Experiment.- 4. Greek External Economic Relations until the end of 1946.- 5: From Liberalization of Foreign Trade To the Exhaustion of Reserves.- 6: The First Year of American Aid: the Porter Mission, the Amag and Initial Setbacks.- 7: Greece's Association with the Recovery and Reconstruction of Europe: The Lessons from 1948.- 8: Defining and Implementing Economic and Political Priorities in Post Civil War Greece.- 9. Conclusion.