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The contribution of organized food retail to the Greek socio-economic development during the years of economic crisis

dc.contributor.authorZisoudis, Nikolaos
dc.contributor.authorZafeiriou, Eleni
dc.contributor.authorGarefalakis, Alexandros
dc.contributor.authorGarefalakis, Stavros
dc.description.abstractThe economic crisis in the EU had severe impacts not only on the performance of the domestic economy but also on the living standard for the citizens. The extended spread of this crisis resulted in limitation in the disposable income and significant negative changes have taken place with negative consequences for the corporate economic performance and competitiveness (de Jorge Moreno, Castillo, & de Zuani Masere, 2010). Within the dominance of certain conditions of economic crisis, there are a few firms that act as lighting exceptions. The present work makes an effort, to unveil the role of selected supermarket retail chain stores in the performance of certain macroeconomic parameters and therefore to illustrate the mechanism through which the restoration of the economy in Greece becomes feasible. More specifically, based on data derived by Eurostat and Greek National Statistics with the assistance of the findings of present analysis that validate a significant contribution of the firms studied to macroeconomic parameters such as national income or employment it may provide policymakers with knowledge tools to promote corporate efforts of this type and in sequence to lead the macroeconomic system in a trajectory of economic growthen_UK
dc.publisherVirtus Interpressen_UK
dc.relation.ispartofseriesJournal of Governance & Regulation;vol. 10, issue 4, pp. 326-335
dc.rights© 2021 The Authorsen_UK
dc.subjectEconomic Crisisen_UK
dc.subjectDisposable Incomeen_UK
dc.titleThe contribution of organized food retail to the Greek socio-economic development during the years of economic crisisen_UK

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© 2021 The Authors
Except where otherwise noted, this item's license is described as © 2021 The Authors