Greece and Social Impacts under Economic Crisis: An Example to Avoid?

Abstract

The global economy is experiencing its worst crisis and this is due to the globalization of markets. The proposed study is an attempt to record the social impact of the global economic crisis we are experiencing. For this reason, this paper presents the social, psychological, employment and political consequences of the economic crisis in Greece. Also, it will be presented, the way in which citizens perceive the crisis, in order to ascertain whether the welfare state and the process of European integration are affected. Finally what is the model of the modern welfare state to be established in Greece? What should be the characteristics of this and what are the prospects and the impact on human resources of businesses? How the relations between social groups are formed? The findings are particularly important and any utilization would contribute significantly to the understanding of the effects of the economic crisis and their treatment. \r DOI: 10.5901/ajis.2014.v3n3p171