Conceptual misunderstandings in the structuration of anti-crisis economic policy: Lessons from the Greek case

Charis Vlados, Dimos Chatzinikolaou, Michail Demertzis

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of this study is to clarify the prevailing vague and sometimes misguided understanding regarding the articulation of economic policy, especially in the context of socioeconomic systems in structural crisis.

The distortions of the economic policy are keep reproducing and spreading usually because of three disorientating conceptual sources: a) the view of economic policy supposedly as a de-ideologized construction, or as a de-technicalized voluntarism, b) the view of economic policy supposedly as a de-strategized synthesis, c) the view of economic policy as a supposedly automatic, ungradated and timeless procedure.

For a socioeconomic system to exit from its crisis and by applying these concepts to the Greek case, we see as a prerequisite the interruption of this vicious circle of misconceptions, towards the trajectory of a virtuous circle of valid understanding the meaning of economic policy.
Original languageEnglish
Pages (from-to)283–322
JournalJournal of Governance and Public Policy
Volume5
Issue number3
DOIs
Publication statusPublished - 2018

Keywords

  • Economic policy
  • Normative versus positivistic economics
  • Economic policy strategy
  • Structural versus conjunctural economic policy
  • Greek crisis

Fingerprint

Dive into the research topics of 'Conceptual misunderstandings in the structuration of anti-crisis economic policy: Lessons from the Greek case'. Together they form a unique fingerprint.

Cite this