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Poverty & Hunger

Republic of

Greece

In the early years of the 21st Century

Description: Description: Description: Description: Greece

CAUTION:  The following links and accompanying text have been culled from the web to illuminate the situation in Greece in the early years of the 21st Century.  Some of these links may lead to websites that present allegations that are unsubstantiated, misleading or even false.   No attempt has been made to validate their authenticity or to verify their content.

HOW TO USE THIS WEBPAGE

Students

If you are looking for material to use in a term-paper, you are advised to scan the postings on this page and others to see which aspects of poverty are of particular interest to you.  You might be interested in exploring the relationship between distribution of labor and per-capita GDP, for example.  Perhaps your paper could focus on life expectancy or infant mortality.  Other factors of interest might be unemployment, literacy, access to basic services, etc.  On the other hand, you might choose to include some of the possible outgrowths of poverty such as Human Trafficking, Street Children, or even Prostitution.  There is a lot to the subject of Poverty.  Scan other countries as well as this one.  Draw comparisons between activity in adjacent countries and/or regions.  Meanwhile, check out some of the Term-Paper resources that are available on-line.

Teachers

Check out some of the Resources for Teachers attached to this website.

*** Extreme Weather ***

In July 2023, Greece had been experiencing extreme weather conditions, including scorching heatwaves and wildfires.

Heatwave Record: The heatwave engulfing Greece may have been the longest in the country’s history.  Temperatures were forecast to reach a 50-year high with Greece bracing for its hottest July in 50 years.

Wildfires and Forest Fires: Authorities reported 79 forest fires across Greece. .– adapted from Microsoft BING Copilot

*** ARCHIVES ***

The World Factbook - Greece

U.S. Central Intelligence Agency CIA

www.cia.gov/library/publications/resources/the-world-factbook/geos/gr.html

[accessed 29 December 2020]

World Factbook website has moved to ---> www.cia.gov/the-world-factbook/countries/greece/

[accessed 5 January 2021]

Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies. Tourism provides 18% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in agricultural and unskilled jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP.

In 2017, Greece saw improvements in GDP and unemployment. Unfinished economic reforms, a massive non-performing loan problem, and ongoing uncertainty regarding the political direction of the country hold the economy back. Some estimates put Greece’s black market at 20- to 25% of GDP, as more people have stopped reporting their income to avoid paying taxes that, in some cases, have risen to 70% of an individual’s gross income.

GDP - per capita (PPP): $27,800 (2017 est.)

Labor force - by occupation:

agriculture: 12.6%

industry: 15%

services: 72.4% (30 October 2015 est.)

Unemployment rate: 21.5% (2017 est.)

Population below poverty line: 36% (2014 est.)

Maternal mortality rate: 3 deaths/100,000 live births (2017 est.)

Infant mortality rate: total: 3.7 deaths/1,000 live births

Life expectancy at birth: total population: 81.1 years

Drinking water source: improved: total: 100% of population

Physicians density: 5.48 physicians/1,000 population (2017)

Sanitation facility access: improved: total: 100% of population

Electricity access: electrification - total population: 100% (2016)

The Borgen Project - Greece

borgenproject.org/category/greece/

[accessed 4 February 2021]

The Borgen Project works with U.S. leaders to utilize the United States’ platform behind efforts toward improving living conditions for the world’s poor.  It is an innovative, national campaign that is working to make poverty a focus of U.S. foreign policy.  It believes that leaders of the most powerful nation on earth should be doing more to address global poverty. From ending segregation to providing women with the right to vote, nearly every wrong ever righted in history was achieved through advocacy. The Borgen Project addresses the big picture, operating at the political level advancing policies and programs that improve living conditions for those living on less than $1 per day.

~ The Good News: Greek Startups Are Helping The Economy

borgenproject.org/greek-startups-are-helping/

~ Microsoft’s Gr For Growth Initiative In Greece

borgenproject.org/gr-for-growth-initiative-in-greece/

~ Improving Healthcare For Greek Children

borgenproject.org/healthcare-for-greek-children/

~ Greek Teachers Are Making A Difference

borgenproject.org/greek-teachers-are-making-a-difference/

~ Making A Difference: Philanthropic Organizations In Greece

borgenproject.org/philanthropic-organizations-in-greece/

~ Torch Tile Addresses Housing For Morian Refugees

borgenproject.org/torch-tile-addresses-housing-for-morian-refugees/

The World Bank in Greece

www.worldbank.org/en/country/greece/overview

[accessed 19 April 2021]

Greece supports international efforts to promote human and economic development, reduce poverty, and boost shared prosperity around the world.

Looking back a few years …

Advameg, Inc., Encyclopedia of the Nations

www.nationsencyclopedia.com/Europe/Greece-ECONOMY.html

[accessed 4 February 2021]

The Greek economy suffers from a paucity of exploitable natural resources and a low level of industrial development relative to the rest of Western Europe. By 1992, it had fallen behind Portugal to become the poorest EC (now EU) member. However, there is an unrecorded underground economy whose size is estimated at 30–50% of the official one.

As Greece pursued an economic austerity program aimed at meeting the criteria for European economic and monetary union (EMU), inflation continued to fall, reaching less than 4% at the end of 1998. Greece entered into the EMU in 2001.

All material used herein reproduced under the fair use exception of 17 USC § 107 for noncommercial, nonprofit, and educational use.  PLEASE RESPECT COPYRIGHTS OF COMPONENT ARTICLES.  Cite this webpage as: Prof. Martin Patt, "Poverty - Greece", http://gvnet.com/poverty/Greece.htm, [accessed <date>]