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Extroversion Within a New Economic Paradigm

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Abstract

In this chapter, the authors present the basic components of a national plan for an extroverted re-structuring of production and development. The Greek economy can assume the role of both a hub and a lab for diverse qualities and innovative procedures of global significance. Developing in this direction will sustain the country’s main horizontal characteristics and advantages, while providing a way to further develop its tradition of small- and medium-sized organizations and (semi-)autonomous entrepreneurship through the introduction of modern corporatist structures of collaboration.

The present chapter contains information and material from a literature review that was the result of teamwork, to which, besides the two coauthors, the following postgraduate students contributed significantly: Αndreadis Georgios, Balabanidou Nina, Dimitriadis Dimitrios, Gkogkou Eftychia, Kapasakalidi Neli, Katraki Evgenia, Kollios Dimitrios, Listis Ioannis, Persidis Symeon, Tegou Maria, Tsoulfidis Nikos, and Vatalachos Christos.

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Notes

  1. 1.

    It was close to 40 % in 1947.

  2. 2.

    TRIPS is enormously significant for the evolution of the tertiary sector because it focuses primarily on service income.

  3. 3.

    For an extensive literature review, see the dissertation of Aristea Gkagka entitled “Interregional Trade and Regional Economic Growth. Theoretical Analysis and Empirical Study” https://sites.google.com/site/aristeagkagka/academics/phd-dissertation, pp. 178–204.

  4. 4.

    According to International Trade Center report for Greece in 2014, the composition of service exports reveals that transportation and travel occupy the leading position. Greece has a satisfactory performance index in terms of logistics competence, international shipments, infrastructure, customs, timeliness, and tracking and tracing. However, according to the same report, although total export value increased during 2009–2013, product or geographic specialization contributed only marginally to this growth, and the opportunities addressed above remain almost unutilized.

  5. 5.

    With respect to that, one significant factor, besides general economic performance and history, is the efficiency of human resources. Human resources in production can become more effective through training provided by a new modern educational reform that will link vocational training and the needs of the labor market. Moreover, this reform must be implemented in tandem with the development of the R&D sector as well as the collaborative effort and sharing experiences in training among producers themselves. Many professional profiles lack skill-based standards and training. The feasibility of workplace vocational training in Greece, especially for the industrial sector, is presented in “Feasibility study: Dual initial vocational training systems in the industrial sector in Greece—innovation or illusion?” Presented by GEBIFO, Aristotle University Thessaloniki with the support of SAZ, Berlin, 2014.

  6. 6.

    Think of these stages as a functional sequence in the sense of Maslow’s pyramid.

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Zarotiadis, G., Ozouni, E. (2016). Extroversion Within a New Economic Paradigm. In: Petrakis, P. (eds) A New Growth Model for the Greek Economy. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-58944-6_9

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  • DOI: https://doi.org/10.1057/978-1-137-58944-6_9

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