Reinventing Greece: From Crisis to Opportunity

Abstract

The Greek Crisis which started in 2008 has deep internal and external causes. The external causes seem to be predominant while the internal factors have acted as aggravating mechanisms. In many senses Greece can be considered Patient One in a world economic epidemic which has been triggered by unregulated global financial capitalism. If this diagnosis is valid the solutions to the Greek Crisis must involve both European and purely Greek initiatives. The author proposes a multi-point ‘reinvention’ agenda to transform the crisis into opportunity which could be valid both for Greece and for other countries suffering from the same problems.