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Product Market Reforms in Greece–Unblocking Investments and Exports

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Richter, K., Giudice, G., Cozzi, A. Product Market Reforms in Greece–Unblocking Investments and Exports. Vierteljahrshefte zur Wirtschaftsforschung, 84(3), 107-127. https://doi.org/10.3790/vjh.84.3.107
Richter, Kaspar; Giudice, Gabriele and Cozzi, Angelo "Product Market Reforms in Greece–Unblocking Investments and Exports" Vierteljahrshefte zur Wirtschaftsforschung 84.3, 2015, 107-127. https://doi.org/10.3790/vjh.84.3.107
Richter, Kaspar/Giudice, Gabriele/Cozzi, Angelo (2015): Product Market Reforms in Greece–Unblocking Investments and Exports, in: Vierteljahrshefte zur Wirtschaftsforschung, vol. 84, iss. 3, 107-127, [online] https://doi.org/10.3790/vjh.84.3.107

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Product Market Reforms in Greece–Unblocking Investments and Exports

Richter, Kaspar | Giudice, Gabriele | Cozzi, Angelo

Vierteljahrshefte zur Wirtschaftsforschung, Vol. 84 (2015), Iss. 3 : pp. 107–127

2 Citations (CrossRef)

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Author Details

Kaspar Richter, European Commission, Brussels

Gabriele Giudice, European Commission, Brussels

Angelo Cozzi, European Commission, Brussels

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Abstract

While Greece"s poor record on investment and exports predates the crisis, the deep economic recession has made addressing long-standing weaknesses a priority. This paper takes a closer look at selected structural reforms that are critical for bolstering investments and exports in Greece. We investigate the areas of licensing, competition, professions, land use, and trade facilitation. In all areas significant progress has been made since 2010. However, many reforms are only partially implemented and with delays. Based on the challenges at, and progress since, the outset of the crisis, we chart the way forward in each of the five areas, discussing what needs to be done to improve the patchy reform record, thus unblocking investment and exports for Greece.