10. Greek Crisis
The ‘Cluster’: Feature of an Advanced Economy An advanced economy is quite different from one dominated by oligarchs. Michael Porter’s analysis on the characteristics of an advanced economy has highlighted...
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Nov 17, 2012 | General |
The ‘Cluster’: Feature of an Advanced Economy An advanced economy is quite different from one dominated by oligarchs. Michael Porter’s analysis on the characteristics of an advanced economy has highlighted...
Read MoreNov 17, 2012 | General |
Oligarchical Business Structures As well as clientelism, there are other differences between countries like Greece and Argentina on the one hand and advanced economies on the other. These two countries both feature...
Read MoreNov 17, 2012 | General |
Impunity of the Ruling Class Another common point between Greece and Argentina is the difficulty and/or slowness in bringing members of the elite to trial for serious crimes. On 20 April 2010, just as the Greek debt problem...
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Hellenic Peronism Greece arrived at its own version of Peronism by a different route, but with some recent parallels. While in Argentina the sense of clientelism – the feeling among some interest groups that ‘You...
Read MoreNov 17, 2012 | General |
Argentine Corruption Clientelism is an exchange of cash for favours, as opposed to cash for honest endeavour. There is therefore a thin line between clientelist, rent-seeking behaviour and bribery. Corruption in Greece at the...
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