John Marangos
Biographic Data
| ID | 478008 |
|---|---|
| NAME | John Marangos |
| GIVEN NAMES | John |
| FAMILY NAME | Marangos |
| SIGNATURE | MARANGOS J |
| AFFILIATIONS | University of Macedonia |
| ORCID | 0000-0002-2765-8342 |
| VERIFIED | Yes |
| TOTAL WORKS | 18 |
| TOTAL CITATIONS | 12 |
| AUTHOR COUNT | 16 |
| EDITOR COUNT | 2 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
What's Left of the Left? The Third Greek Economic Adjustment Program, the Troika's Conditionalities, and the Washington Consensus
On 26 January 2015, the Coalition of the Radical Left (Syriza) and Independent Greeks (ANEL) formed a coalition government with a clear mandate: "to tear up the Memorandums"—the agreements outlining the economic policies Greece had committed to in exchange for financial aid. After lengthy renegotiations with the European Union under the threat of Greece's exiting the eurozone, the government, led by Syriza, endorsed a third Economic Adjustment Pr…
The Post-Keynesian Perspective and Policy Recommendations for the Greek Financial Crisis
The purpose of this article is to develop a post-Keynesian interpretation and viewpoint of the required policies associated with the Greek financial crisis. The Troika, inspired by the book After the Washington Consensus, and with the International Monetary Fund (IMF) acting in a leading role, embraced austerity in their disbursement of funds. The imposed conditionalities induced a deep recession, created an unfathomable challenge for Greece to m…
The Travels of the Washington Consensus: From the Global Financial Crisis to the Greek Financial Crisis
Regarding the Global Financial Crisis of 2007–2008, the supporters of the Washington Consensus, with the International Monetary Fund in a leading role, followed the motto 'never let a crisis go to waste.' The idiosyncrasies of the Global Financial Crisis were not enough to differentiate any policies associated with the Washington Consensus in alleviating the economic and social cost of the crisis. Consequently, crucial questions arise: How did th…
The neoclassical and Keynesian standpoint and policy implications regarding the Greek Financial Crisis
Purpose The purpose of this paper is to discover the contradistinctions between the neoclassical and Keynesian paradigms of economics regarding the Greek Financial Crisis. Design/methodology/approach The answers to the questions and policies regarding the Greek Financial Crisis cannot be derived by using economic analysis alone; they also depend on the perception of social reality and ethical issues. Based on the assumptions about economic behavi…
A Marxist Political Economy Retort to the ‘After the Washington Consensus
The dominance of the ‘After the Washington Consensus’ for international development is based on mainstream-neoclassical economics that has been imposed by Washington upon debt-stranded developing and developed countries. Against this tide, the purpose of this paper is to develop an alternative scheme and recommendations for international development, pulling from the Marxist political economy practice. Considering, Marxist political economy as a …
The Internal Impact and External Influence of the Greek Financial Crisis
Consistency and Viability of Capitalist Economic Systems
Consistency and Viability of Capitalist Economic Systems develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the exter
Alternative Perspectives of a Good Society
Social Change versus Transition: The Political Economy of Institutions and Transitional Economies
Transition process, Holistic approach, Institutions, Social change
The impact of adverse initial conditions and the resulting speed and sequence of reforms in determining the delayed EU membership of Bulgaria
The subject of the paper is the analysis of the speed, sequence and path of a formerly centrally administered economy, Bulgaria, to a market economy. Comparing the macroeconomic developments and transition reforms of Central and Eastern European (CEE) countries, Bulgaria is lagging behind. It is concluded that the stop-and-go nature of the conducted Bulgarian reforms and the lack of commitment to deep-seated reforms by successive governments were…
Introduction to Living Standards and Social Well-Being
This special issue contains five articles on the subject of living standards and well-being, important topics in social economics. The authors assess the so-called squirrel cage of work-and-spend, and the culture of overconsumption in the USA and other industrialized countries. They evaluate overwork and the implications for balancing work and family, and underwork and the need for a basic income. The articles in this special issue point to a myr…
John Rogers Commons on Power
Was Market Socialism a Feasible Alternative for Transition Economies
According to the literature and the dominant perception of the International Monetary Fund (IMF), the World Bank, and the economic policymakers within the mature market economies, adoption of the capitalist market economy was the only possible way to avoid stagnation in Central and Eastern Europe and the former Soviet Union (CEEFSU). In reaction to the failures of Stalinism, capitalism came to be seen as the only viable alternative for the people…
A Comparative Political Economy Approach to Farming Interest Groups in Australia and the United States
Commons ([1950] 1970: 34) insisted that "economics should be the science of activity." In this tradition, the aim of this paper is to investigate the impact of farming interest groups on natural resource policy by using a comparative political economy approach. Special attention will be given to farming interest groups in Australia and the United States. Curiously, each group takes a very different ideological approach to promoting farming intere…
Social Dividend Versus Basic Income Guarantee in Market Socialism
(2004). Social Dividend Versus Basic Income Guarantee in Market Socialism. International Journal of Political Economy: Vol. 34, No. 3, pp. 20-40
Was Shock Therapy Consistent with Democracy
The transition process in Russia and Eastern Europe was dominated in the literature and in policy making by the shock therapy process. However, shock therapy was short-lived. Governments that implemented shock therapy were not able to sustain the reform program since they lost power after the first term as a result of unfavourable electoral results. The new governments implemented gradualism. While after the first term shock therapy governments w…
Alternative Methods of Institutional Development for Transition Economies
A radical economic change, such as moving from a centrally administered economy to an economy based on market relations, also requires reform of the institutional structure. The shock-therapy process of transition utilises market incentives to internalise the developmental process of institutions instead of relying on the government, an actor external to the whole process. In contrast, gradualists argue that the development of the institutional s…
A Political Economy Approach to the Neoclassical Model of Transition
The neoclassical model of transition from a centrally-administered socialist economic system to a market-based economic system was implemented in Russia and Eastern Europe. The neoclassical process took the form of either shock therapy or gradualism. However, each approach actually involved a combination of shock therapy and gradualist policies, making the distinction between the two approaches unfounded. In addition, both approaches suffered by …
The Travels of the Washington Consensus: From the Global Financial Crisis to the Greek Financial Crisis
Regarding the Global Financial Crisis of 2007–2008, the supporters of the Washington Consensus, with the International Monetary Fund in a leading role, followed the motto 'never let a crisis go to waste.' The idiosyncrasies of the Global Financial Crisis were not enough to differentiate any policies associated with the Washington Consensus in alleviating the economic and social cost of the crisis. Consequently, crucial questions arise: How did th…
A Marxist Political Economy Retort to the ‘After the Washington Consensus
The dominance of the ‘After the Washington Consensus’ for international development is based on mainstream-neoclassical economics that has been imposed by Washington upon debt-stranded developing and developed countries. Against this tide, the purpose of this paper is to develop an alternative scheme and recommendations for international development, pulling from the Marxist political economy practice. Considering, Marxist political economy as a …
Social Change versus Transition: The Political Economy of Institutions and Transitional Economies
Transition process, Holistic approach, Institutions, Social change
The impact of adverse initial conditions and the resulting speed and sequence of reforms in determining the delayed EU membership of Bulgaria
The subject of the paper is the analysis of the speed, sequence and path of a formerly centrally administered economy, Bulgaria, to a market economy. Comparing the macroeconomic developments and transition reforms of Central and Eastern European (CEE) countries, Bulgaria is lagging behind. It is concluded that the stop-and-go nature of the conducted Bulgarian reforms and the lack of commitment to deep-seated reforms by successive governments were…
Was Market Socialism a Feasible Alternative for Transition Economies
According to the literature and the dominant perception of the International Monetary Fund (IMF), the World Bank, and the economic policymakers within the mature market economies, adoption of the capitalist market economy was the only possible way to avoid stagnation in Central and Eastern Europe and the former Soviet Union (CEEFSU). In reaction to the failures of Stalinism, capitalism came to be seen as the only viable alternative for the people…
A Comparative Political Economy Approach to Farming Interest Groups in Australia and the United States
Commons ([1950] 1970: 34) insisted that "economics should be the science of activity." In this tradition, the aim of this paper is to investigate the impact of farming interest groups on natural resource policy by using a comparative political economy approach. Special attention will be given to farming interest groups in Australia and the United States. Curiously, each group takes a very different ideological approach to promoting farming intere…
Social Dividend Versus Basic Income Guarantee in Market Socialism
(2004). Social Dividend Versus Basic Income Guarantee in Market Socialism. International Journal of Political Economy: Vol. 34, No. 3, pp. 20-40
Was Shock Therapy Consistent with Democracy
The transition process in Russia and Eastern Europe was dominated in the literature and in policy making by the shock therapy process. However, shock therapy was short-lived. Governments that implemented shock therapy were not able to sustain the reform program since they lost power after the first term as a result of unfavourable electoral results. The new governments implemented gradualism. While after the first term shock therapy governments w…
A Political Economy Approach to the Neoclassical Model of Transition
The neoclassical model of transition from a centrally-administered socialist economic system to a market-based economic system was implemented in Russia and Eastern Europe. The neoclassical process took the form of either shock therapy or gradualism. However, each approach actually involved a combination of shock therapy and gradualist policies, making the distinction between the two approaches unfounded. In addition, both approaches suffered by …
Alternative Methods of Institutional Development for Transition Economies
A radical economic change, such as moving from a centrally administered economy to an economy based on market relations, also requires reform of the institutional structure. The shock-therapy process of transition utilises market incentives to internalise the developmental process of institutions instead of relying on the government, an actor external to the whole process. In contrast, gradualists argue that the development of the institutional s…
A Political Economy Approach to the Neoclassical Model of Transition
The neoclassical model of transition from a centrally-administered socialist economic system to a market-based economic system was implemented in Russia and Eastern Europe. The neoclassical process took the form of either shock therapy or gradualism. However, each approach actually involved a combination of shock therapy and gradualist policies, making the distinction between the two approaches unfounded. In addition, both approaches suffered by …
Social Dividend Versus Basic Income Guarantee in Market Socialism
(2004). Social Dividend Versus Basic Income Guarantee in Market Socialism. International Journal of Political Economy: Vol. 34, No. 3, pp. 20-40
Was Shock Therapy Consistent with Democracy
The transition process in Russia and Eastern Europe was dominated in the literature and in policy making by the shock therapy process. However, shock therapy was short-lived. Governments that implemented shock therapy were not able to sustain the reform program since they lost power after the first term as a result of unfavourable electoral results. The new governments implemented gradualism. While after the first term shock therapy governments w…
John Rogers Commons on Power
Was Market Socialism a Feasible Alternative for Transition Economies
According to the literature and the dominant perception of the International Monetary Fund (IMF), the World Bank, and the economic policymakers within the mature market economies, adoption of the capitalist market economy was the only possible way to avoid stagnation in Central and Eastern Europe and the former Soviet Union (CEEFSU). In reaction to the failures of Stalinism, capitalism came to be seen as the only viable alternative for the people…
A Comparative Political Economy Approach to Farming Interest Groups in Australia and the United States
Commons ([1950] 1970: 34) insisted that "economics should be the science of activity." In this tradition, the aim of this paper is to investigate the impact of farming interest groups on natural resource policy by using a comparative political economy approach. Special attention will be given to farming interest groups in Australia and the United States. Curiously, each group takes a very different ideological approach to promoting farming intere…
Introduction to Living Standards and Social Well-Being
This special issue contains five articles on the subject of living standards and well-being, important topics in social economics. The authors assess the so-called squirrel cage of work-and-spend, and the culture of overconsumption in the USA and other industrialized countries. They evaluate overwork and the implications for balancing work and family, and underwork and the need for a basic income. The articles in this special issue point to a myr…
The impact of adverse initial conditions and the resulting speed and sequence of reforms in determining the delayed EU membership of Bulgaria
The subject of the paper is the analysis of the speed, sequence and path of a formerly centrally administered economy, Bulgaria, to a market economy. Comparing the macroeconomic developments and transition reforms of Central and Eastern European (CEE) countries, Bulgaria is lagging behind. It is concluded that the stop-and-go nature of the conducted Bulgarian reforms and the lack of commitment to deep-seated reforms by successive governments were…
Social Change versus Transition: The Political Economy of Institutions and Transitional Economies
Transition process, Holistic approach, Institutions, Social change
Alternative Perspectives of a Good Society
Consistency and Viability of Capitalist Economic Systems
Consistency and Viability of Capitalist Economic Systems develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the exter
The Internal Impact and External Influence of the Greek Financial Crisis
A Marxist Political Economy Retort to the ‘After the Washington Consensus
The dominance of the ‘After the Washington Consensus’ for international development is based on mainstream-neoclassical economics that has been imposed by Washington upon debt-stranded developing and developed countries. Against this tide, the purpose of this paper is to develop an alternative scheme and recommendations for international development, pulling from the Marxist political economy practice. Considering, Marxist political economy as a …
The neoclassical and Keynesian standpoint and policy implications regarding the Greek Financial Crisis
Purpose The purpose of this paper is to discover the contradistinctions between the neoclassical and Keynesian paradigms of economics regarding the Greek Financial Crisis. Design/methodology/approach The answers to the questions and policies regarding the Greek Financial Crisis cannot be derived by using economic analysis alone; they also depend on the perception of social reality and ethical issues. Based on the assumptions about economic behavi…
The Post-Keynesian Perspective and Policy Recommendations for the Greek Financial Crisis
The purpose of this article is to develop a post-Keynesian interpretation and viewpoint of the required policies associated with the Greek financial crisis. The Troika, inspired by the book After the Washington Consensus, and with the International Monetary Fund (IMF) acting in a leading role, embraced austerity in their disbursement of funds. The imposed conditionalities induced a deep recession, created an unfathomable challenge for Greece to m…
The Travels of the Washington Consensus: From the Global Financial Crisis to the Greek Financial Crisis
Regarding the Global Financial Crisis of 2007–2008, the supporters of the Washington Consensus, with the International Monetary Fund in a leading role, followed the motto 'never let a crisis go to waste.' The idiosyncrasies of the Global Financial Crisis were not enough to differentiate any policies associated with the Washington Consensus in alleviating the economic and social cost of the crisis. Consequently, crucial questions arise: How did th…
What's Left of the Left? The Third Greek Economic Adjustment Program, the Troika's Conditionalities, and the Washington Consensus
On 26 January 2015, the Coalition of the Radical Left (Syriza) and Independent Greeks (ANEL) formed a coalition government with a clear mandate: "to tear up the Memorandums"—the agreements outlining the economic policies Greece had committed to in exchange for financial aid. After lengthy renegotiations with the European Union under the threat of Greece's exiting the eurozone, the government, led by Syriza, endorsed a third Economic Adjustment Pr…
Economics (16 works) · Political science (13 works) · Politics (10 works) · Economic system (9 works) · Law (7 works) · Economic Theory and Institutions (6 works) · Economic Theory and Policy (6 works) · Global Financial Crisis and Policies (6 works) · Market economy (6 works) · Economy (4 works)