OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

Raising Greece's Potential Output Growth

This Working Paper looks at structural policies which would improve Greece’s long-term economic performance and help speed economic and social convergence with average European Union member countries. It focuses on a number of key areas which are particularly important for rapid growth as they offer substantial scope for catching up with international best practice. These areas are: getting more people into work through higher flexibility in the labour market and more effective labour market policies; competition policy reform; the liberalisation of product markets, in particular the energy, telecommunication and transport sectors; policies to foster entrepreneurship; and financial market reform, including the implementation of a better corporate governance regime. A number of Annexes provide additional information on the reform of the energy markets (electricity, gas, oil), the telecommunications sector, maritime transport and financial markets. This Working Paper relates to the 2005 OECD Economic Survey of Greece (www.oecd.org/eco/surveys/Greece)


Keywords: labour markets, product markets, transport, corporate governance, competition policy, financial markets, energy sector, flexibility, reforms, entrepreneurship, privatisation, telecommunications, productivity
JEL: L96: Industrial Organization / Industry Studies: Transportation and Utilities / Telecommunications; N2: Economic History / Financial Markets and Institutions; J22: Labor and Demographic Economics / Demand and Supply of Labor / Time Allocation and Labor Supply; K20: Law and Economics / Regulation and Business Law / Regulation and Business Law: General; L94: Industrial Organization / Industry Studies: Transportation and Utilities / Electric Utilities; J38: Labor and Demographic Economics / Wages, Compensation, and Labor Costs / Wages, Compensation, and Labor Costs: Public Policy
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error