Inequality, poverty and the crisis in Greece

"The whole of Europe, indeed much of the world, is anxiously watching as the Greek drama unfolds. Discussions of the various austerity measures are usually couched in terms of whether they can actually be implemented by the government, or whether they will be sufficient to achieve given budgeta...

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Bibliographic Details
Main Authors: Matsaganis, Manos, Leventi, Chrysa
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2011
ETUI
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19396655124911148379-inequality,-poverty-and-the-cr.htm
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author Matsaganis, Manos
Leventi, Chrysa
author_facet Matsaganis, Manos
Leventi, Chrysa
collection Library items
description "The whole of Europe, indeed much of the world, is anxiously watching as the Greek drama unfolds. Discussions of the various austerity measures are usually couched in terms of whether they can actually be implemented by the government, or whether they will be sufficient to achieve given budgetary targets. In this ETUI Policy Brief Manos Matsaganis and Chrysa Leventi analyse an issue that has achieved much less attention: the distributional and social consequences of the austerity packages for the Greek population. They find amongst other things that, as a result of the austerity and the wider recession, 5% of the Greek population saw their 2010 incomes fall below the 2009 poverty line, swelling the ranks of those who were already in poverty (another 20% of population). They conclude that to prevent the economic crisis from turning into a social catastrophe, a concerted effort is needed to tighten the social safety net and to shield the weakest groups from its adverse effects."
format TEXT
geographic Greece
id 19396655124911148379_731c485dd1ed4895be58b5a9ed54340d
institution ETUI-European Trade Union Institute
is_hierarchy_id 19396655124911148379_731c485dd1ed4895be58b5a9ed54340d
is_hierarchy_title Inequality, poverty and the crisis in Greece
language English
physical 5 p.
Digital
publishDate 2011
publisher Brussels
ETUI
spellingShingle Matsaganis, Manos
Leventi, Chrysa
social inequality
poverty
economic recession
social protection
Inequality, poverty and the crisis in Greece
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=131664695984
title Inequality, poverty and the crisis in Greece
topic social inequality
poverty
economic recession
social protection
url https://www.labourline.org/KENTIKA-19396655124911148379-inequality,-poverty-and-the-cr.htm