Back المعجزة الاقتصادية اليونانية Arabic Гръцко икономическо чудо Bulgarian Miracle econòmic grec Catalan Ελληνικό οικονομικό θαύμα Greek Milagro económico griego Spanish Miracle économique grec French Keajaiban ekonomi Yunani ID Miracolo economico greco Italian ギリシャの奇跡 Japanese 그리스의 경제 기적 Korean
The Greek economic miracle (Greek: Ελληνικό οικονομικό θαύμα) describes a period of rapid and sustained economic growth in Greece from 1950 to 1973.[1] At its height, the Greek economy grew by an average of 7.7 percent, second in the world only to Japan.[2][3][4][5][6][7]
- ^ Graham T. Allison; Kalypso Nicolaïdis (January 1997). The Greek Paradox: Promise Vs. Performance. MIT Press. p. 43. ISBN 978-0-262-51092-9.
phase of 1960 to 1973 (the period hailed by many as the "Greek economic miracle"), gross domestic product grew at an average annual rate of 7.7 percent[when?], but exports of goods and services grew at the much higher average rate of 12.6
- ^ Angus Maddison, "Monitoring the World Economy 1820-1992", OECD (1995)
- ^ HAMISH MCRAE (27 June 2015). "Greece crisis: It needs another economic miracle – and it could happen". The Independent.
Indeed, between 1950 and the oil crisis of 1973 it was Europe's fasting growing economy, with growth rates of 7 per cent a year. This period was dubbed the Greek economic miracle.
- ^ Lila Leontidou (26 April 1990). The Mediterranean City in Transition: Social Change and Urban Development. Cambridge University Press. p. 125. ISBN 978-0-521-34467-8.
In fact, the Greek economic miracle of industrialization was partly due to the suppression of the working class.
- ^ Elena Calandri; Antonio Varsori; Daniele Caviglia (26 November 2014). Détente in Cold War Europe: Politics and Diplomacy in the Mediterranean and the Middle East. I.B.Tauris. p. 17. ISBN 978-1-78076-108-4.
During 1950–1973, il boom in Italy, les Trente Glorieuses in France and the Greek 'Economic Miracle' were to transform the economies and societies of these countries.
- ^ OECD (15 September 2008). The Marshall Plan Lessons Learned for the 21st Century: Lessons Learned for the 21st Century. OECD Publishing. p. 120. ISBN 978-92-64-04425-8.
The Marshall Plan began as an emergency program, but its sustained contributions to agriculture and finance succeeded in laying the foundation for the Greek economic miracle of the 1950s.
- ^ Greek-American Review. Vol. 51–52. Hellenic Heritage. 1999. p. 20.
He writes on the origins of the "Greek Economic Miracle" and provides the longest and one of the most important papers.