Katsanevas, Thodōros K., 1947- and Livanos, Ilias (2006) Unemployment in Greece : trends and main causes. In: Essays in honour of Professor A. Panayotopoulos. University of Piraeus, Piraeus, Greece.

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Abstract

The trend of unemployment in Greece over the last three decades has been similar to other European counties. While unemployment in Greece was not a problem before the first oil crisis,its rate accelerated after this point. This article explores the main causes of high unemployment in Greece such as the link of the educational system with the needs of the labour market, the flexibility of the labour market as well as the efficiency of the labour market policies applied so far. The examination of these institutional factors and their impact in unemployment lead us to conclude that a large part of the unemplogment in Greece is due to structural reasons, and, therefore, microeconomic policies are needed in order to tackle it.

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