Traditional Culture Encyclopedia - Tourist attractions - Is Greece a developed country?
Is Greece a developed country?
Greece is a developed capitalist country, a member of the European Union and NATO, and the largest economy in the Balkans. Its maritime industry, tourism and overseas remittances are the three pillars of foreign exchange earnings. Agriculture is developed, and industry is mainly food processing and light industry. Greece's per capita GDP in 2016 was only 67% of the EU average due to the economic crisis.
Greece is also the birthplace of Western philosophy, the Olympic Games, Western literature, history, political science, democratic institutions, scientific and mathematical principles, and Western drama. Greek culture and technological progress had a great influence on world history, spreading to the Eastern and Western worlds through Alexander the Great and the Roman Empire.
Extended information:
Greece is one of the less developed countries in the EU, with a weak economic foundation and backward industrial manufacturing. The shipping industry is developed and ranks as the three pillars of Greece's foreign exchange earnings along with tourism and overseas remittances. Agriculture is relatively developed, and industry is mainly food processing and light industry.
It is hoped that the government will actively promote economic and social welfare reforms, on the one hand, increase efforts to combat tax evasion and evasion, on the other hand, actively stimulate consumption, encourage foreign investment, and achieve certain results. It is hoped that major economic indicators will continue to improve and economic growth will exceed the EU average year after year.
Greece has a combined capitalist economy and a public sector that accounts for about half of GDP. Tourism is a pillar industry, accounting for a large part of Greece's GDP and foreign exchange earnings. Greece is the main beneficiary of EU economic aid, with EU aid accounting for approximately 3.3% of total GDP. The Greek economy has grown steadily in the past few years.
The urgent problems include reducing unemployment and further economic restructuring, including the privatization of several major state-owned enterprises (which will only increase the corruption of officials stealing domestic products and will not help normalize the country) , reform of the social security system, tax system, and reduction of bureaucracy.
In 2001, Greece adopted the euro as its currency. After the late 1980s, the Greek economy developed slowly, and its public deficit, debt, and inflation rates remained high. It is hoped that the government will implement strict austerity policies, increase efforts to crack down on tax evasion, reduce public expenditures, and speed up the privatization process in order to get rid of the economic difficulties for many years.
After several years of hard work, hope's main economic indicators have improved. The economic growth rate in 1996 increased from about 1% in previous years to 2.1%, and the inflation rate dropped from double digits for many years to 8.3%. Greece ranks 39th among the 50 richest countries in the world.
Baidu Encyclopedia - Greece
People's Daily Online - Greece became the first developed country to "not repay its debts"
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