American Economists and the Greek Economy, 1947-62

This book explores the role of American economists in Greece between 1947 and 1962. With a focus on economic thought and political relations, it examines the Greek economy following the Second World War and highlights the economic ideas and policies that brought Greece out of an economic depression. Collaboration between Greek, American, and British policymakers, economists, politicians, and administrators in providing humanitarian relief, economic rehabilitation and monetary order is highlighted. By examining the specific economic policies and how they were articulated, a nuanced view of policy making is presented that provides insight into policies that were shaped by both New Deal idealism and post-war realism.

This book offers unique insights into the post-war reconstruction of Greece and the exchange of ideas between American and Greek economists. It will be of interest to students and researchers working within economic policy issues, international political economy and the history of economic thought.

Michalis Psalidopoulos is Professor Emeritus of Economics at the University of Athens and Professor, Chief Consultant, and Chair of the Advisory Board of the Institute for Hellenic Growth and Prosperity (IHGP), The American College of Greece.