THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT

The main focus of this study is Greek-Balkan economic cooperation during and after the economic crisis (2008), and so a comparative analysis of GDP, foreign trade and foreign direct investment (FDI) of the Balkan countries (BCs) is presented. Using relevant literature, GDP quantitative data, foreign...

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Main Authors: Georgios MAGOULIOS, Persefoni POLYCHRONIDOU, Ekaterini LASKARIDOU
Format: Article
Language:English
Published: University of Pitesti 2021-05-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
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Online Access:http://economic.upit.ro/RePEc/pdf/2021_1_1.pdf
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author Georgios MAGOULIOS
Persefoni POLYCHRONIDOU
Ekaterini LASKARIDOU
author_facet Georgios MAGOULIOS
Persefoni POLYCHRONIDOU
Ekaterini LASKARIDOU
author_sort Georgios MAGOULIOS
collection DOAJ
description The main focus of this study is Greek-Balkan economic cooperation during and after the economic crisis (2008), and so a comparative analysis of GDP, foreign trade and foreign direct investment (FDI) of the Balkan countries (BCs) is presented. Using relevant literature, GDP quantitative data, foreign trade and FDI are analyzed in relation to economic cooperation during the period 2008-2018. In addition, trade balance data, volume of trade, terms of trade and FDI in BCs and Greece are examined. This paper analyzes the impact of the crisis on GDP, trade balance, post-crisis evolution of FDI and the impact of the crisis on Greek foreign trade with the other BCs. Within the framework of Greek-Balkan economic cooperation, FDI development in Greece and the BCs during and after the crisis is discussed and correlated with GDP, foreign trade and FDI changes. The main findings suggest that during the early crisis years all metrics declined for all BCs, including Greece, but in the following years showed signs of recovery.
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institution Kabale University
issn 1583-1809
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publishDate 2021-05-01
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series Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
spelling doaj-art-cfd04292d5764c5bbed1a65c2188f6662025-08-20T03:39:17ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082021-05-01201322THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENTGeorgios MAGOULIOS0Persefoni POLYCHRONIDOU1Ekaterini LASKARIDOU2International Hellenic University, GreeceInternational Hellenic University, Greece International Hellenic University, Greece The main focus of this study is Greek-Balkan economic cooperation during and after the economic crisis (2008), and so a comparative analysis of GDP, foreign trade and foreign direct investment (FDI) of the Balkan countries (BCs) is presented. Using relevant literature, GDP quantitative data, foreign trade and FDI are analyzed in relation to economic cooperation during the period 2008-2018. In addition, trade balance data, volume of trade, terms of trade and FDI in BCs and Greece are examined. This paper analyzes the impact of the crisis on GDP, trade balance, post-crisis evolution of FDI and the impact of the crisis on Greek foreign trade with the other BCs. Within the framework of Greek-Balkan economic cooperation, FDI development in Greece and the BCs during and after the crisis is discussed and correlated with GDP, foreign trade and FDI changes. The main findings suggest that during the early crisis years all metrics declined for all BCs, including Greece, but in the following years showed signs of recovery.http://economic.upit.ro/RePEc/pdf/2021_1_1.pdfgreecebalkanseconomic cooperationeconomic crisis.
spellingShingle Georgios MAGOULIOS
Persefoni POLYCHRONIDOU
Ekaterini LASKARIDOU
THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
greece
balkans
economic cooperation
economic crisis.
title THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
title_full THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
title_fullStr THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
title_full_unstemmed THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
title_short THE GREEK-BALKAN ECONOMIC COOPERATION DURING AND AFTER THE ECONOMIC CRISIS (2008-2018). A COMPARATIVE ANALYSIS OF GDP, FOREIGN TRADE AND FOREIGN DIRECT INVESTMENT
title_sort greek balkan economic cooperation during and after the economic crisis 2008 2018 a comparative analysis of gdp foreign trade and foreign direct investment
topic greece
balkans
economic cooperation
economic crisis.
url http://economic.upit.ro/RePEc/pdf/2021_1_1.pdf
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