Domestic vs. External Economic Sectors and the Political Process: Insights from Greece
نویسندگان
چکیده
Building on the well-established relationship between economic dynamics and political processes, we focus most important element of process, namely, general (or national) elections, look into their effects public finance total output. In this vein, present study has three objectives: (i) to investigate budget cycles in Greece during period known as ‘Third Hellenic Republic’ (in Greek, ‘Metapolitefsi’, hereafter THR) since 1974; (ii) assess whether national elections affect activity a stabilizing or destabilizing way; (iii) examine possible external sector economy balance. The empirical findings our analysis document how Greek was characterized by sharp correspondence with THR, exerting effect output economy. Performances have significantly affected balances Greece.
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ژورنال
عنوان ژورنال: Economies
سال: 2022
ISSN: ['2227-7099']
DOI: https://doi.org/10.3390/economies10080198