ECON1010, Sem 1 2019: Policy Brief on Greece's Macroeconomic Issues

This policy brief, prepared for an ECON1010 Macroeconomics 1 course, analyzes the economic situation of Greece, focusing on high unemployment and government debt. The analysis uses data from the Hellenic Statistical Authority and Eurostat to illustrate trends in unemployment rates and the general government gross debt-to-GDP ratio. The brief highlights the impact of the Global Financial Crisis on Greece's economy, detailing the rise in unemployment and debt levels. The student-authored brief then offers policy recommendations to the Prime Minister, including supporting local and foreign investment, promoting post-secondary vocational learning, strengthening tax management, and ensuring prudent use of public resources. The economic rationale behind these recommendations is provided, emphasizing the importance of these measures for employment creation and debt sustainability. The brief argues that addressing these issues is crucial for Greece's long-term economic growth and stability.