Crisis of Adjustment

  • Kostas A. Lavdas


The formulation of Greece’s European strategy went through the interactions of public—private relations. In turn, we saw that the association and prospective EC membership for Greece provided a major stimulus for the redefinition of the role of the organization of industrial interests. The early years of the PASOK government which coincided with the country’s early years of EC membership provided a further major stimulus, albeit one which operated in a more complicated way. The 1980s became a period of adjustment in the evolving European framework. The latter was a moving target: many aspects of the EC which the new PASOK government had to deal with in 1981 had been transformed by 1986. For the Greek state, addressing the dilemmas of adjustment implied the need for finding new equilibria in public—private relations after 1985.


Industrial Policy Business Association Stabilization Programme Governing Council Socialist Government 
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Copyright information

© Kostas A. Lavdas 1997

Authors and Affiliations

  • Kostas A. Lavdas
    • 1
  1. 1.University of the West of EnglandBristolUK

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