Thursday, 28 March 2019: 9:00 AM-11:00 AM

Finance is a field of interest on its own, but also has several links with other areas such as banking, economics, social security, national security and political economy among others. The ties with these disciplines are twofold. On one hand they can be methodological, in the sense that the models and approaches that are used in Finance can be used in the aforementioned research areas. On the other hand, the variables which are of interest in Finance have an impact on or are impacted by the variables that are relevant to these fields. This is important for one more reason; over the last decade the world has experienced a global financial economic crisis with different results and duration in the different countries. It was preceded and was followed by periods of euphoria in certain countries, whereas other countries never managed to fully recover. Several sectors have been assumed to have contributed both to the crisis as well as to the recovery and several sectors (to a certain extend the same) have been affected by it. Banking, economics, social security, national security and political economy are such sectors. Consequently, the study of the inter-disciplines of Finance is more than ever relevant and contemporary. The dimensions investigated in this session try to capture these inter-disciplines. More specifically the contributors of the session try to measure the different aspects of the evolution of the global economy, through the identification of decisive factors that formulate it from a political economy perspective. They attempt to apply a financial analysis approach to measure the impact of economic interdependence on interstate conflicts and thus national security and peace. They are looking into the consequences of shadow economy on the competitiveness as well as on the societal aspects of a country. Finally, they are assessing the role of the European Central Bank and the functioning of the EU banking system during and after the latest crisis.

Chair:
Thomas Poufinas, Democritus University of Thrace—Greece
Organizer:
Thomas Poufinas, Democritus University of Thrace—Greece
Shadow economy and competitiveness
George Galanos, Democritus University–Thrace—Greece; Thomas Poufinas, Democritus University of Thrace—Greece
Social impact of the shadow economy
Pyrros Papadimitriou, University of Peloponnese—Greece



Discussants:
Victoria Pistikou, University of Peloponnese—Greece ; Thomas Poufinas, Democritus University of Thrace—Greece ; Pyrros Papadimitriou, University of Peloponnese—Greece and Giusy Chesini, University of Verona—Italy