DOAJ Open Access 2022

Analyzing Greece 2010 Memorandum’s Impact on Macroeconomic and Financial Figures through FCM

Stavros P. Migkos Damianos P. Sakas Nikolaos T. Giannakopoulos Georgios Konteos Anastasia Metsiou

Abstrak

The financial crisis of 2008 has caused a series of drawbacks to economies around the world. Greek economy has been hit twice at 2009, since its credibility worsened, provoking the implication of harsh fiscal measures from the 2010 Memorandum of Understanding (MoU). The effects of these measures to Greek macroeconomic figures have been widely criticized. Authors aim to estimate these effects at the macroeconomic figures of Greece through utilization of Decision Support Systems, and propose accurate insights regarding their efficacy. By capitalizing on regression analysis and Fuzzy Cognitive Mapping processes, specific results from 2010 Memorandum’s measures arise. It has been calculated that measures implied by 2010 Memorandum have been harsh and posed a negative effect on key Greek macroeconomic figures like GDPR, public debt, etc., especially with the ongoing 2008 financial crisis.

Topik & Kata Kunci

Economics as a science

Penulis (5)

Stavros P. Migkos

Damianos P. Sakas

Nikolaos T. Giannakopoulos

Georgios Konteos

Anastasia Metsiou

Format Sitasi

APA MLA BibTeX

Migkos, S.P., Sakas, D.P., Giannakopoulos, N.T., Konteos, G., Metsiou, A. (2022). Analyzing Greece 2010 Memorandum’s Impact on Macroeconomic and Financial Figures through FCM. https://doi.org/10.3390/economies10080178

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Informasi Jurnal

Tahun Terbit: 2022
Sumber Database: DOAJ
DOI: 10.3390/economies10080178
Akses: Open Access ✓