Topic: Sustainable Economic Policy
Country: Greece
Delegate Name: Charlie Uchno
School: Roeper School
Topic page: background guide and all position papers All Greece position papers GLIMUN 2015 committees
Hello fellow delegates. When trying to achieve sustainable economic policies within individual nations, Greece feels that it is the duty of stable nations to look after and assist nations who have been put in tougher economic and political situations. By building up the economies of less stable nations, it is possible not only to increase the standard of living in that nation, but also to better all surrounding countries.
Greece feels that though there have been attempts to re-acclimate the country with other Euro Zone countries, more action is needed so Greece can fully stabilize. The 2008 global financial crisis, hit Greece much harder than other nations because of our large dependency on both the shipping and tourism industries. Because of the disproportional toll taken on the Greek economy when compared to other European nations, Greece feels that countries such as Germany and France should be more understanding of our struggles and have patience while Greece attempts to stabilize its economy. Governments can assist Greece, and other nations who are trying achieve economic stability, by helping them diversify their economies and workforces in multiple industries. In addition, when nations are deeply indebted, relieving them of some of this debt allows economies to find alternative sources of revenue in an attempt to revive. Additionally, Greece believes that governments should not routinely spend more money than they raise in taxes because they believe this upsets the overall stability of global economies.
In conclusion, Greece feels that it is crucial to assist nations who do not yet have stable economies and hopes to work cooperatively with all other nations in the global effort to achieve sustainable economic policies.