Public Sector Transparency and Tourism Real Estate Investments in Greece

• Nikolaos TRIANTAFYLLOPOULOS ^[1]
  1. [1] University Of Thessaly

     University Of Thessaly

     Dimos Volos, Grecia

     
• Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 6, Nº. 2, 2006, págs. 57-72
• Idioma: inglés
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• Resumen

  • This work aims to elucidate constraints in foreign investments in the Greek tourism sector, in relation to market transparency, by placing a public sector company opposite the Public Sector. The paper draws on scientific research, government documents, and professional standards to explain the dimensions of the weak form transparency of the real estate market and its effects in international investments in tourism property development in Greece. It stresses the contradiction between the State’s professed goals for tourism development and the effects of the lack of transparency in developing State-owned and private tourist properties.