Understanding the crisis in Greece: from boom to bust

Machine generated contents note: Part I

1. Introduction

2. Vikings in Greece: Rents, the Design of the Greek Political System and the Blockage of Reforms

2.1. Introduction

2.2. Description of the players of the game

2.3. Powerful interest groups as rent-seeking "Vikings" in Greece

2.4. Rationally ignorant and misinformed voters who are afraid of reform

2.5. The role of the media as an obstacle to reform

2.6. The administration as a prize for the interest groups

2.7. The failure of the mandate holders

2.8. Conclusion

References

3. Corruption, Policy Inadequacy and the Greek Constitution

3.1. Introduction

3.2. Literature survey

3.3. Mandate holders and their motive to get corrupted

3.4. Democracy: The strength of the government, minorities and the separation of powers

3.5. Minorities: Potential corruptors and protectors of democracy.

3.6. The practice of creating strong governments with sufficient separation of powers

3.7. Proposals for constitutional reform in Greece

3.8. Conclusion

References

5.5. Private sector salaried employment attributes, corporate taxation and corporate profitability

5.5.1. Private sector salaried employment, employer size and the relative attractiveness of public sector employment

5.5.2. Corporate income tax contribution in Greece

5.5.3. Profitability of Greek companies

5.6. The current crisis and the Greek financial system

5.7. Certain basic parameters of the Greek pension system

5.8. Main parameters of the Greek public finances

5.9. The examples of Finland and Ireland and how they can be an example for Greece

5.10. Conclusions

Appendix 1 Road Transport in Greece and Government Intervention

A1.1. An example of how the reform debate in Greece does not focus on issues that are crucially related to the low competitiveness of the country

Appendix 2 Shop Opening Hours in Greece

A2.1. An example of how consumer interests are not a consideration in reform debates when one has to deregulate, rather than regulate

Appendix 3 Basic Examples of Details that Degrade the Greek Business Environment

A3.1. Tax on raised capital

A3.1.1. The situation in Greece

A3.1.2. European trends

A3.2. Publications in the Government Gazette

A3.2.1. The situation in Greece

3.2.2. European trends

A3.3. Multiple notifications of a new hiring

A3.3.1. The situation in Greece

A3.3.2. European trends

A3.4. Taxing the transfer of private limited companies

A3.4.1. The situation in Greece

A3.4.2. European trends

A3.5. Regulatory impact assessment

A3.5.1. The situation in Greece

A3.5.2. European trends

A3.6. Certificate of origin for exports

A3.6.1. The situation in Greece

A3.6.2. European trends.