Wednesday, April 28, 2010

Business, socio-economic and competitiveness (systemic) modeling

A lot has been written in about the economic situation in the last 3-4 months re the economy and "systemics" of my native country. So here is a brief view of mine on a potential new "model" for Greece.

IMO, Greece needs a very innovative - tailor made business, socio-economic, competitiveness model that probably defies the conventional thinking in IMF, EU, ECB, etc:

A model that will capitalise on year round tourism services as well as intellectual products & services, driven by uber flexible micro firms.
Complete overhaul & simplification of public sector, laws & regulations re everything; relatively low but simple taxation; decent welfare (NHS, etc) for all; inside the Euro of course. But for, that Greece should ask for urgent creation of a real EU Single Market (as opposed to the existing not-so-well working one) for goods, services & work, for all sectors; and improved EU competition law to protect micros in the EU Single Market. As well as lead most others in demanding new Euro policy vis-a-vis USD, Yen, Pound, etc.

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