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A Financial Crisis Manual pp 225–254Cite as

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Foreign Direct Investment, Innovation and Brain Drain in Greece: Turning a Problem into an Opportunity

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Abstract

The world economy suffered an unprecedented financial crisis in 2008– 2009. Countries around the world faced tremendous declines in output, employment, and trade. GDP in industrial countries fell by 4.5% in 2008, while the unemployment rate rose to 9% on average across OECD economies and reached double digits in both industrial and developing nations. The EU is still facing recessionary effects and its economic performance from 2008 to 2014 is falling behind, compared to previous decades and with much of the rest of the world from 2008 and onwards.

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Authors
  1. Constantina Kottaridi
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Editor information

Editors and Affiliations

  1. University of Peloponnese, Greece

    Dimitrios D. Thomakos (Professor of Applied Econometrics) (Professor of Applied Econometrics)

  2. Eurobank Ergasias S.A, Greece

    Platon Monokroussos (Group Chief Economist and Deputy General Manager) (Group Chief Economist and Deputy General Manager)

  3. Bangor Business School, UK

    Konstantinos I. Nikolopoulos (Professor of Decision Sciences) (Professor of Decision Sciences)

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© 2015 Constantina Kottaridi

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Kottaridi, C. (2015). Foreign Direct Investment, Innovation and Brain Drain in Greece: Turning a Problem into an Opportunity. In: Thomakos, D.D., Monokroussos, P., Nikolopoulos, K.I. (eds) A Financial Crisis Manual. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137448309_12

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