<abstract xmlns="http://www.w3.org/1999/xhtml">
<p>The Greek economic crisis produced severe economic and social outcomes. A massive rescue package was conditional on implementing a Memorandum of Economic and Financial Policies agreed upon between the Greek government and the EU, European Central Bank, and the International Monetary Fund. The extremely austere fiscal consolidation and the structural reforms accompanying the Greek Economic Adjustment Programmes reduced the country’s GDP. Implementing the austerity policies on the Greek National Health System, which was already facing structural problems, reduced the quality and availability of public health care services. This paper investigates the impact of the GDP change on public healthcare expenditures (HCE) from 2000 to 2018. The empirical analysis reveals a statistically significant positive correlation between the GDP per capita and public healthcare expenditure (HCE) from 2000 to 2014 while the effect of GDP on HCE after the 2015 remains unchanged. This paper contributes to the field’s literature since it determines the impact of GDP on public HCE, specifically matched with empirical results to derive conclusive answers.</p>
</abstract>

The Greek economic crisis produced severe economic and social outcomes. A massive rescue package was conditional on implementing a Memorandum of Economic and Financial Policies agreed upon between the Greek government and the EU, European Central Bank, and the International Monetary Fund. The extremely austere fiscal consolidation and the structural reforms accompanying the Greek Economic Adjustment Programmes reduced the country’s GDP. Implementing the austerity policies on the Greek National Health System, which was already facing structural problems, reduced the quality and availability of public health care services. This paper investigates the impact of the GDP change on public healthcare expenditures (HCE) from 2000 to 2018. The empirical analysis reveals a statistically significant positive correlation between the GDP per capita and public healthcare expenditure (HCE) from 2000 to 2014 while the effect of GDP on HCE after the 2015 remains unchanged. This paper contributes to the field’s literature since it determines the impact of GDP on public HCE, specifically matched with empirical results to derive conclusive answers.

The Greek economic crisis and its impact on the national health system

Management & Marketing

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"The Greek economic crisis and its impact on the national health system"}

The Greek economic crisis produced severe economic and social outcomes. A massive rescue package was conditional on implementing a Memorandum of Economic and...

The Greek economic crisis and its impact on the national health system

Data publikacji: 29 mar 2024

Zakres stron: 73 - 92

DOI: https://doi.org/10.2478/mmcks-2024-0005

Słowa kluczowe
National Health System (NHS), Healthcare expenditures (HCE), economic crisis, government, Greece.

© 2024 Kostas Karamanis et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The Greek economic crisis and its impact on the national health system

Data publikacji: 29 mar 2024

Zakres stron: 73 - 92

DOI: https://doi.org/10.2478/mmcks-2024-0005

Słowa kluczoweNational Health System (NHS), Healthcare expenditures (HCE), economic crisis, government, Greece.

© 2024 Kostas Karamanis et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Słowa kluczowe
National Health System (NHS), Healthcare expenditures (HCE), economic crisis, government, Greece.