<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0185-1667</journal-id>
<journal-title><![CDATA[Investigación económica]]></journal-title>
<abbrev-journal-title><![CDATA[Inv. Econ]]></abbrev-journal-title>
<issn>0185-1667</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Economía]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0185-16672022000300030</article-id>
<article-id pub-id-type="doi">10.22201/fe.01851667p.2022.321.82097</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[The Greek Crisis in Retrospect: The Rate of Profit Approach]]></article-title>
<article-title xml:lang="es"><![CDATA[La crisis griega en retrospectiva: el enfoque de la tasa de ganancia]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Stravelakis]]></surname>
<given-names><![CDATA[Nikos]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,National Kapodistrian University of Athens  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Greece</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<volume>81</volume>
<numero>321</numero>
<fpage>30</fpage>
<lpage>61</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0185-16672022000300030&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0185-16672022000300030&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0185-16672022000300030&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT The Greek economy is in crisis since the fourth quarter of 2008. This paper explores the crisis and its severe intensity by decomposing and comparing the Greek, Dutch, and Portuguese profit rates. Specifically, profit rates are broken down into: 1) the capacity output ratio, 2) the profit share, and 3) the rate of capacity utilization. The comparison shows that the Greek crisis is part of the global crisis that began in 2008 and its intensity is the result of the degradation of the competitive position of Greek capitalism following 1970. The latter is reflected in massive de-industrialization, persistent current account deficits, and an increasing ratio of non-tradable to tradable commodities. These structural characteristics of the Greek economy reduce the effectiveness of &#8220;countervailing tendencies&#8221; like wage reductions in restoring profitability and growth. In the EU environment this means that the free trade -fiscal consolidation policies increase the gap between weak economies, like Greece&#8217;s, and the economies of the EU &#8220;core&#8221; putting the whole project in jeopardy.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN La economía de Grecia está en crisis desde el cuarto trimestre de 2008. En este artículo se explora la crisis y su intensidad severa al descomponer y comparar las tasas de ganancia de Grecia, Holanda y Portugal. De forma específica, las tasas de ganancia se descomponen en: 1) la razón capacidad/producto, 2) la participación de las ganancias y 3) la tasa de utilización de la capacidad. La comparación muestra que la crisis griega es parte de la crisis global que inició en 2008 y su intensidad es el resultado de la degradación de la posición competitiva del capitalismo griego posterior a 1970. Esto último se refleja en la gran desindustrialización, los persistentes déficits en cuenta corriente y la creciente razón bienes no comerciables/bienes comerciables. Estas características estructurales de la economía de Grecia reducen la efectividad de las &#8220;tendencias contrarestantes&#8221; como las reducciones de salarios para restaurar la rentabilidad y el crecimiento. En el ambiente de la Unión Europea (UE) esto significa que las políticas de libre comercio y consolidación fiscal incrementan la brecha entre las economías débiles, como la de Grecia, y las economías &#8220;principales&#8221; de la UE, lo cual amenaza todo el proyecto de unificación.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Capitalist crisis]]></kwd>
<kwd lng="en"><![CDATA[rate of profit]]></kwd>
<kwd lng="en"><![CDATA[capitalist competition]]></kwd>
<kwd lng="en"><![CDATA[absolute advantage]]></kwd>
<kwd lng="en"><![CDATA[E21]]></kwd>
<kwd lng="en"><![CDATA[E22]]></kwd>
<kwd lng="en"><![CDATA[F16]]></kwd>
<kwd lng="en"><![CDATA[N24]]></kwd>
<kwd lng="en"><![CDATA[O47]]></kwd>
<kwd lng="es"><![CDATA[crisis capitalista]]></kwd>
<kwd lng="es"><![CDATA[tasa de ganancia]]></kwd>
<kwd lng="es"><![CDATA[competencia capitalista]]></kwd>
<kwd lng="es"><![CDATA[ventajas absolutas]]></kwd>
<kwd lng="es"><![CDATA[E21]]></kwd>
<kwd lng="es"><![CDATA[E22]]></kwd>
<kwd lng="es"><![CDATA[F16]]></kwd>
<kwd lng="es"><![CDATA[N24]]></kwd>
<kwd lng="es"><![CDATA[O47]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Amin]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<source><![CDATA[The End of a Debate]]></source>
<year>1973</year>
<publisher-loc><![CDATA[Dakar ]]></publisher-loc>
<publisher-name><![CDATA[U.N. African Institute of Economic Development and Planning]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blanchard]]></surname>
<given-names><![CDATA[O.J.]]></given-names>
</name>
</person-group>
<source><![CDATA[Adjustment within the euro. The difficult case of Portugal]]></source>
<year>2006</year>
<publisher-name><![CDATA[Working Paper Department of Economics MIT]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blanchard]]></surname>
<given-names><![CDATA[O.J.]]></given-names>
</name>
<name>
<surname><![CDATA[Leigh]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Growth Forecast Errors and Fiscal Multipliers]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>2013</year>
<volume>103</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>117-20</page-range></nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blustein]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[The IMF, the Euro Zone and the first rescue of Greece]]></source>
<year>2015</year>
<numero>61</numero>
<issue>61</issue>
<publisher-loc><![CDATA[Waterloo, ON ]]></publisher-loc>
<publisher-name><![CDATA[Centre for International Governance Innovation]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bossomaier]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Barnett]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Harré]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Lizier]]></surname>
<given-names><![CDATA[J.T.]]></given-names>
</name>
</person-group>
<source><![CDATA[An Introduction to Transfer Entropy: Information Flow in Complex Systems]]></source>
<year>2016</year>
<publisher-name><![CDATA[Springer International Publishing]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Boundi-Chraki]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Perrotini-Hernández]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Absolute cost advantage and sectoral competitiveness: Empirical evidence from NAFTA and the European Union]]></article-title>
<source><![CDATA[Structural Change and Economic Dynamics]]></source>
<year>2021</year>
<volume>59</volume>
<page-range>162-73</page-range></nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bryant]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Garganas]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Tavlas]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Introduction]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Bryant]]></surname>
<given-names><![CDATA[R.C.]]></given-names>
</name>
<name>
<surname><![CDATA[Garganas]]></surname>
<given-names><![CDATA[N.C.]]></given-names>
</name>
<name>
<surname><![CDATA[Tavlas]]></surname>
<given-names><![CDATA[G.S.]]></given-names>
</name>
</person-group>
<source><![CDATA[Greece's Economic Performance and Prospects]]></source>
<year>2001</year>
<publisher-loc><![CDATA[Athens ]]></publisher-loc>
<publisher-name><![CDATA[Bank of Greece Printing Works.]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Christodoulopoulos]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<source><![CDATA[International Competition and Industrial Rates of Return]]></source>
<year>1995</year>
<publisher-name><![CDATA[New School for Social Research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Cohen]]></surname>
<given-names><![CDATA[J.B.]]></given-names>
</name>
<name>
<surname><![CDATA[Zinbarg]]></surname>
<given-names><![CDATA[D.E.]]></given-names>
</name>
<name>
<surname><![CDATA[Zeikel]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Investment Analysis and Portfolio Management]]></source>
<year>1987</year>
<publisher-loc><![CDATA[IL: Irwin ]]></publisher-loc>
<publisher-name><![CDATA[Homewood]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Emmanuel]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Unequal Exchange: A Study in the Imperialism of Trade]]></source>
<year>1972</year>
<publisher-loc><![CDATA[New York ]]></publisher-loc>
<publisher-name><![CDATA[Monthly Review Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Engle]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Granger]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Co-integration and error correction: Representation, estimation and testing]]></article-title>
<source><![CDATA[Econometrica]]></source>
<year>1987</year>
<volume>55</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>251-76</page-range></nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Godley]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Cripps]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<source><![CDATA[Macroeconomics]]></source>
<year>1983</year>
<publisher-loc><![CDATA[London ]]></publisher-loc>
<publisher-name><![CDATA[Fontana]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Godley]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Lavoie]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth]]></source>
<year>2007</year>
<publisher-loc><![CDATA[Basingstoke ]]></publisher-loc>
<publisher-name><![CDATA[Palgrave-Macmillan]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Grossman]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Law of Accumulation and the Breakdown of the Capitalist System, being also a Theory of Crises]]></source>
<year>1992</year>
<publisher-loc><![CDATA[London ]]></publisher-loc>
<publisher-name><![CDATA[Pluto Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ioannides]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
<name>
<surname><![CDATA[Pissarides]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Is the Greek crisis one of supply or demand?]]></article-title>
<source><![CDATA[Brookings Papers on Economic Activity]]></source>
<year>2015</year>
<page-range>349-83</page-range></nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Krugman]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Obstfeld]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[International Economics]]></source>
<year>1994</year>
<edition>3</edition>
<publisher-loc><![CDATA[New York ]]></publisher-loc>
<publisher-name><![CDATA[Harper Collins]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Louri]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Pepelasis-Minoglou]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[A hesitant evolution: Industrialization and de-industrialization in Greece over the long run]]></article-title>
<source><![CDATA[Journal of European Economic History]]></source>
<year>2002</year>
<volume>31</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>321-48</page-range></nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Maniatis]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Passas]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The role of technology, distribution, and demand in the development and crisis of the post-war Greek economy]]></article-title>
<source><![CDATA[East-West Journal of Economics and Business]]></source>
<year>2018</year>
<volume>XXI</volume>
<numero>1-2</numero>
<issue>1-2</issue>
<page-range>65-90</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mankiw]]></surname>
<given-names><![CDATA[N.G.]]></given-names>
</name>
<name>
<surname><![CDATA[Romer]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Weil]]></surname>
<given-names><![CDATA[D.N.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[A contribution to the empirics of economic growth]]></article-title>
<source><![CDATA[The Quarterly Journal of Economics]]></source>
<year>1992</year>
<page-range>407-37</page-range></nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Marx]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<source><![CDATA[Capital: A Critique of Political Economy]]></source>
<year>1894</year>
<volume>Three</volume>
<publisher-loc><![CDATA[USSR ]]></publisher-loc>
<publisher-name><![CDATA[Institute of Marxism-Leninism]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Pissarides]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Vayianos]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Vettas]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Meyir]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<source><![CDATA[Development Plan for the Greek Economy]]></source>
<year>2020</year>
</nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Piton]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Economic integration and the non-tradable sector: The European Experience]]></article-title>
<source><![CDATA[ECB Forum on Central Banking]]></source>
<year>2017</year>
</nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Reinhart]]></surname>
<given-names><![CDATA[C.M.]]></given-names>
</name>
<name>
<surname><![CDATA[Rogoff]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<source><![CDATA[This Time Is Different: Eight Centuries of Financial Folly]]></source>
<year>2009</year>
<publisher-loc><![CDATA[Princeton, NJ ]]></publisher-loc>
<publisher-name><![CDATA[Princeton University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Reinhart]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Trebesch]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<source><![CDATA[The pitfalls of external dependence: Greece, 1829-2015]]></source>
<year>2015</year>
<numero>21664</numero>
<issue>21664</issue>
<publisher-loc><![CDATA[Cambridge, MA ]]></publisher-loc>
<publisher-name><![CDATA[National Bureau of Economic Research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Reis]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The Portuguese Slump and Crash and the Euro Crisis]]></article-title>
<source><![CDATA[Brookings Papers on Economic Activity,]]></source>
<year>2013</year>
<page-range>143-93</page-range></nlm-citation>
</ref>
<ref id="B26">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rosdolsky]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Making of Marx's &#8216;Capital&#8217;]]></source>
<year>1977</year>
<volume>1</volume>
<publisher-loc><![CDATA[London ]]></publisher-loc>
<publisher-name><![CDATA[Pluto Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B27">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ruggles]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Ruggles]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Household and enterprise saving and capital formation in the United States: A market transaction view]]></article-title>
<source><![CDATA[Review of Income and Wealth]]></source>
<year>1992</year>
<volume>38</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>119-62</page-range></nlm-citation>
</ref>
<ref id="B28">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rubini&#263;]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Tajnikar]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Political Economy of the European Periphery]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Ness]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Cope]]></surname>
<given-names><![CDATA[Z.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Palgrave Encyclopedia of Imperialism and Anti-Imperialism]]></source>
<year>2020</year>
<publisher-loc><![CDATA[Cham ]]></publisher-loc>
<publisher-name><![CDATA[Palgrave-Macmillan]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B29">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Explaining inflation and unemployment: An alternative to neoliberal economic theory]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Vachlou]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Contemporary Economic Theory]]></source>
<year>1999</year>
<publisher-loc><![CDATA[London ]]></publisher-loc>
<publisher-name><![CDATA[Macmillan]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B30">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The first Great Depression of the 21st Century]]></article-title>
<source><![CDATA[Socialist Register]]></source>
<year>2011</year>
<page-range>44-63</page-range></nlm-citation>
</ref>
<ref id="B31">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Three balances and twin deficits: Godley versus Ruggles and Ruggles]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Papadimitriou]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Zezza]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<source><![CDATA[Contributions in Stock-flow Modeling-Essays in Honour of Wynne Godley]]></source>
<year>2012</year>
<publisher-name><![CDATA[Palgrave-McMillan]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B32">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Capitalism: Competition, Conflict, and Crises]]></source>
<year>2016</year>
<publisher-loc><![CDATA[New York ]]></publisher-loc>
<publisher-name><![CDATA[Oxford University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B33">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Tonak]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Measuring the Wealth of Nations: The Political Economy of National Accounts]]></source>
<year>1994</year>
<publisher-loc><![CDATA[Cambridge ]]></publisher-loc>
<publisher-name><![CDATA[Cambridge University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B34">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shaikh]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Antonopoulos]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Explaining long term exchange rate behavior in the United States and Japan]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Moudoud]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Bina]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Macon]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[Alternative Theories of Competition - Challenges to the Orthodoxy]]></source>
<year>2012</year>
<publisher-loc><![CDATA[London ]]></publisher-loc>
<publisher-name><![CDATA[Routledge]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B35">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Shannon]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[A mathematical theory of communication]]></article-title>
<source><![CDATA[Bell System Technical Journal]]></source>
<year>1948</year>
<volume>27</volume>
<page-range>379-623-656</page-range></nlm-citation>
</ref>
<ref id="B36">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Solow]]></surname>
<given-names><![CDATA[R.M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[A contribution to the theory of economic growth]]></article-title>
<source><![CDATA[The Quarterly Journal of Economics]]></source>
<year>1956</year>
<volume>70</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>65-94</page-range></nlm-citation>
</ref>
<ref id="B37">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Tirole]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<source><![CDATA[Economics for the Common Good]]></source>
<year>2017</year>
<publisher-loc><![CDATA[Princeton, NJ ]]></publisher-loc>
<publisher-name><![CDATA[Princeton University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B38">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Thomsen]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The imf and the Greek crisis: Myths and realities]]></article-title>
<source><![CDATA[Speech at the London School of Economics]]></source>
<year>2019</year>
</nlm-citation>
</ref>
<ref id="B39">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Tsaliki]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Tsoulfidis]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Profitability and accumulation in Greek manufacturing]]></article-title>
<source><![CDATA[International Review of Applied Economics]]></source>
<year>1994</year>
<volume>8</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>46-62</page-range></nlm-citation>
</ref>
<ref id="B40">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Tsoulfidis]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Tsaliki]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Marxian theory of competition and the concept of regulating capital: Evidence from Greek manufacturing]]></article-title>
<source><![CDATA[Review of Radical Political Economics]]></source>
<year>2005</year>
<volume>37</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>5-22</page-range></nlm-citation>
</ref>
<ref id="B41">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Weisskopf]]></surname>
<given-names><![CDATA[T.E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Marxian crisis theory and the rate of profit in the post-war U.S. economy]]></article-title>
<source><![CDATA[Cambridge Journal of Economics]]></source>
<year>1979</year>
<volume>3</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>341-78</page-range></nlm-citation>
</ref>
<ref id="B42">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Winston]]></surname>
<given-names><![CDATA[G.C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The theory of capital utilization and idleness]]></article-title>
<source><![CDATA[Journal of Economic Literature]]></source>
<year>1974</year>
<volume>12</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>1301-20</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
