1. Thessaloniki's Arrested Development: Missed Opportunities.
- Author
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Labrianidis, Lois
- Subjects
- *
ECONOMIC development , *ECONOMIC underdevelopment , *LABOR productivity , *HUMAN capital , *ELITE (Social sciences) , *IMMIGRANTS , *UNEMPLOYMENT ,ECONOMIC conditions in Greece, 1978- ,ECONOMIC conditions in Greece - Abstract
Cities are crucial nodes of global economic networks. A city's economic success largely depends on its social capital and the existence of a hegemonic coalition for development. This paper focuses on Thessaloniki, the second largest city in Greece, a country on the European periphery. The slow pace of development during the last 20 years has placed Thessaloniki in a vicious circle. It is argued that given the significant structural problems in Greece, a wide social coalition for development that embraces a large segment of the socio-economic, political and intellectual forces is necessary to boost Thessaloniki's development and ensure that its fruits will be reaped by all. [ABSTRACT FROM AUTHOR]
- Published
- 2011
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