Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector

Since 2009, shortly after the global economic crisis of 2008, Greece has entered into a deep recession phase. The multifaceted presence of austerity is experienced in an increasing number of sectors of the country. The Greek transportation sector is not immune to this state of affairs. The ongoing c...

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Main Authors: Iraklis Stamos, Evangelos Mitsakis, Theodore Tsekeris
Format: Article
Language:English
Published: Università di Napoli Federico II 2016-12-01
Series:TeMA: Journal of Land Use, Mobility and Environment
Subjects:
Online Access:http://www.tema.unina.it/index.php/tema/article/view/3945
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author Iraklis Stamos
Evangelos Mitsakis
Theodore Tsekeris
author_facet Iraklis Stamos
Evangelos Mitsakis
Theodore Tsekeris
author_sort Iraklis Stamos
collection DOAJ
description Since 2009, shortly after the global economic crisis of 2008, Greece has entered into a deep recession phase. The multifaceted presence of austerity is experienced in an increasing number of sectors of the country. The Greek transportation sector is not immune to this state of affairs. The ongoing crisis had a significant impact on its economic (investment, employment, exports-imports turnover) as well as its operational (transportation intensity, throughput, performance) aspects and capabilities. In this paper, a detailed mapping of these impacts is laid out, correlating transport-related characteristics, trends and estimations with the respective economic ones. Specifically, the paper presents analyses of the Greek passenger and freight transportation, following a data-driven approach over several areas. Findings show a substantial decrease of activities overall. Paradoxically, however, austerity can also be said to offer opportunities, such as the development of innovative, cost-effective and outward-looking business schemes, for handling transportation-related issues. In the face of these opportunities, authorities and stakeholders have recently turned their attention to ways of harnessing them as they may arise. The paper conducts a detailed analysis of these efforts to discover prospects for development in the midst of austerity, and highlights the steps currently being taken in that direction.
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spelling doaj.art-1297192069d74b3ca5cef015d436cfd72024-04-03T02:31:43ZengUniversità di Napoli Federico IITeMA: Journal of Land Use, Mobility and Environment1970-98891970-98702016-12-019326928610.6092/1970-9870/39453060Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sectorIraklis Stamos0Evangelos Mitsakis1Theodore Tsekeris2Centre for Research and Technology Hellas - Hellenic Institute of TransportCentre for Research and Technology Hellas - Hellenic Institute of TransportCenter of Planning and Economic ResearchSince 2009, shortly after the global economic crisis of 2008, Greece has entered into a deep recession phase. The multifaceted presence of austerity is experienced in an increasing number of sectors of the country. The Greek transportation sector is not immune to this state of affairs. The ongoing crisis had a significant impact on its economic (investment, employment, exports-imports turnover) as well as its operational (transportation intensity, throughput, performance) aspects and capabilities. In this paper, a detailed mapping of these impacts is laid out, correlating transport-related characteristics, trends and estimations with the respective economic ones. Specifically, the paper presents analyses of the Greek passenger and freight transportation, following a data-driven approach over several areas. Findings show a substantial decrease of activities overall. Paradoxically, however, austerity can also be said to offer opportunities, such as the development of innovative, cost-effective and outward-looking business schemes, for handling transportation-related issues. In the face of these opportunities, authorities and stakeholders have recently turned their attention to ways of harnessing them as they may arise. The paper conducts a detailed analysis of these efforts to discover prospects for development in the midst of austerity, and highlights the steps currently being taken in that direction.http://www.tema.unina.it/index.php/tema/article/view/3945Austerity, economic crisis, Greek economy, transportation sector
spellingShingle Iraklis Stamos
Evangelos Mitsakis
Theodore Tsekeris
Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
TeMA: Journal of Land Use, Mobility and Environment
Austerity, economic crisis, Greek economy, transportation sector
title Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
title_full Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
title_fullStr Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
title_full_unstemmed Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
title_short Harnessing the opportunities of austerity: a detailed mapping of the Greek transportation sector
title_sort harnessing the opportunities of austerity a detailed mapping of the greek transportation sector
topic Austerity, economic crisis, Greek economy, transportation sector
url http://www.tema.unina.it/index.php/tema/article/view/3945
work_keys_str_mv AT iraklisstamos harnessingtheopportunitiesofausterityadetailedmappingofthegreektransportationsector
AT evangelosmitsakis harnessingtheopportunitiesofausterityadetailedmappingofthegreektransportationsector
AT theodoretsekeris harnessingtheopportunitiesofausterityadetailedmappingofthegreektransportationsector