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

  • Constantina Kottaridi
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

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.

Keywords

Human Capital Gross Domestic Product Absorptive Capacity Total Factor Produc Growth Brain Drain 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Constantina Kottaridi 2015

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