Greek Economy: Supply-Side Weaknesses
- A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
This is the 4th in a series of 5 short revision videos on the Greek economy.
Greece is struggling inside the Euro Zone; her growth potential is held back by a number of important supply-side economic weaknesses. Internal devaluation has been painful and Greece's long run trend growth rate may be close to zero, a dangerous place to be for a country engulfed in debt.