---
_id: '29374'
abstract:
- lang: eng
  text: Introduction It is not only Greece’s present financial problems and its trouble
    to attract foreign investors that encourage the research of the past of this chapter
    of financial history. In addition, Greece’s past provides an inspiring case study
    that illuminates bankers’ investment decisions in crisis-ridden markets. After
    its Struggle for Independence from 1821 onward, Greece became a nation state in
    its own right in the year 1830, independent from the Ottoman Empire (Zelepos,
    2014, 37-53). In the preceding Ottoman time there was no foreign investment in
    the area at all. However by the brink of the Balkan wars in 1911-1912, Greece
    was perceived by foreign investors as a well-established investment market for
    state loans as well as private investment in various sectors of trade and industry.
    How was this process driven forward in spite of the three financial breakdowns
    that occurred during this period (1825, 1843 and 1893)? How were the ups and downs
    of the Greek economy perceived and interpreted from abroad? The aim of this chapter
    is to show interconnections between financial, political and cultural history
    concerning the development of foreign investment in Greece.
author:
- first_name: Korinna
  full_name: Schönhärl, Korinna
  id: '89037'
  last_name: Schönhärl
  orcid: 0000-0002-7967-3261
citation:
  ama: 'Schönhärl K. The European Perception of Greece as an Investment Market in
    the Nineteenth Century. In: Alcouffe A, Poettinger M, Schefold B, eds. <i>Business
    Cycles in Economic Thought: A History</i>. Routledge Studies in the History of
    Economics. Routledge; 2017:217-227. doi:<a href="https://doi.org/10.4324/9781315617381">10.4324/9781315617381</a>'
  apa: 'Schönhärl, K. (2017). The European Perception of Greece as an Investment Market
    in the Nineteenth Century. In A. Alcouffe, M. Poettinger, &#38; B. Schefold (Eds.),
    <i>Business Cycles in Economic Thought: A history</i> (pp. 217–227). Routledge.
    <a href="https://doi.org/10.4324/9781315617381">https://doi.org/10.4324/9781315617381</a>'
  bibtex: '@inbook{Schönhärl_2017, place={New York}, series={Routledge Studies in
    the History of Economics}, title={The European Perception of Greece as an Investment
    Market in the Nineteenth Century}, DOI={<a href="https://doi.org/10.4324/9781315617381">10.4324/9781315617381</a>},
    booktitle={Business Cycles in Economic Thought: A history}, publisher={Routledge},
    author={Schönhärl, Korinna}, editor={Alcouffe, Alain and Poettinger, Monika and
    Schefold, Bertram}, year={2017}, pages={217–227}, collection={Routledge Studies
    in the History of Economics} }'
  chicago: 'Schönhärl, Korinna. “The European Perception of Greece as an Investment
    Market in the Nineteenth Century.” In <i>Business Cycles in Economic Thought:
    A History</i>, edited by Alain Alcouffe, Monika Poettinger, and Bertram Schefold,
    217–27. Routledge Studies in the History of Economics. New York: Routledge, 2017.
    <a href="https://doi.org/10.4324/9781315617381">https://doi.org/10.4324/9781315617381</a>.'
  ieee: 'K. Schönhärl, “The European Perception of Greece as an Investment Market
    in the Nineteenth Century,” in <i>Business Cycles in Economic Thought: A history</i>,
    A. Alcouffe, M. Poettinger, and B. Schefold, Eds. New York: Routledge, 2017, pp.
    217–227.'
  mla: 'Schönhärl, Korinna. “The European Perception of Greece as an Investment Market
    in the Nineteenth Century.” <i>Business Cycles in Economic Thought: A History</i>,
    edited by Alain Alcouffe et al., Routledge, 2017, pp. 217–27, doi:<a href="https://doi.org/10.4324/9781315617381">10.4324/9781315617381</a>.'
  short: 'K. Schönhärl, in: A. Alcouffe, M. Poettinger, B. Schefold (Eds.), Business
    Cycles in Economic Thought: A History, Routledge, New York, 2017, pp. 217–227.'
date_created: 2022-01-17T12:05:15Z
date_updated: 2022-01-17T12:09:45Z
department:
- _id: '445'
doi: 10.4324/9781315617381
editor:
- first_name: Alain
  full_name: Alcouffe, Alain
  last_name: Alcouffe
- first_name: Monika
  full_name: Poettinger, Monika
  last_name: Poettinger
- first_name: Bertram
  full_name: Schefold, Bertram
  last_name: Schefold
extern: '1'
language:
- iso: eng
page: 217-227
place: New York
publication: 'Business Cycles in Economic Thought: A history'
publication_identifier:
  isbn:
  - '9781315617381'
publication_status: published
publisher: Routledge
series_title: Routledge Studies in the History of Economics
status: public
title: The European Perception of Greece as an Investment Market in the Nineteenth
  Century
type: book_chapter
user_id: '89037'
year: '2017'
...