Book Description

This work offers the major hypothesis that political stability is directly related to economic stability in Greece and then investigates whether Greece's accession to the European Economic Community (EEC) will provide the economic prerequisites necessary for equilibrium. The study traces Greek economics development through the prejunta period of Karamanlis influence, the seven years of dictatorship by the Colonels and the New Democracy period from July 1974 on. It investigates the existing relationships between Greece and the EEC by the EEC by discussing their historical ties and the advantages, disadvantages and political implications of accession. Finally, it analyzes several factors crucial to Greece's economic welfare by determining each factor's movement, by weighting each factor with respect to economic development and EEC accession and by comparing the weighted results. The work suggests from the results of this comparison that accession to the EEC will enhance Greece's economic stability.