Abstract
Intense economic fluctuations in output and overall prosperity have occurred for a long time, with different causes by period and geographic region. The main causes include climate change, pandemics, depletion of basic natural resources, application of new technologies, overproduction of some basic products (transport equipment, houses) and the unwarranted growth of the money and financial sector (Schumpeter, 1943).
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© 2011 Konstantinos Karamanlis Institute for Democracy
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Fakiolas, R. (2011). The Economic Recession in Greece. In: Botsiou, K., Klapsis, A. (eds) The Konstantinos Karamanlis Institute for Democracy Yearbook 2011. The Constantinos Karamanlis Institute for Democracy Yearbook Series. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-18415-4_6
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DOI: https://doi.org/10.1007/978-3-642-18415-4_6
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