Economic Transformation and Development

The course aims to highlight the dynamics and determinants of economic transformation, competitiveness and sustainable development, of the means of achieving transformation and of financing development and cyclical economy. The analysis is enriched with examples from the international, European and Greek experience. The course is divided into 4 sections. In the first part of the course focuses on the presentation of Sustainable Developmental Transformation and on the measurement of growth. In particular, its concepts related to Sustainable Development, Sustainable Developmental Transformation and their Indicators as well as to the Sustainable Development Goals (SDGs) are presented. The second part of the course presents the determinants of Economic Transformation. The concepts of Competitive Advantage, of the National Diamond and the catalysts associated with economic transformation are analyzed, and the relationship between finance and public policy is discussed. Finally, the characteristics and challenges of globalization associated with economic transformation are analysed. The third part of the course presents the architecture, the actors and the Innovative Mechanisms for Financing the economic transformation and Development. (IDFMs) Finally, the fourth section presents the strategy for successfully implementing sustainable development transformation, integrating SDGs into states’ and companies’ development strategy and to the introduction of the appropriate culture for successfully managing the change. Finally case studies are presented on the KPIs (Key Performance Indicators) development in order to meet the ESGs set. E-class is used. A mixed evaluation system is applied, comprising of a project/essay assignment accompanied by classroom presentation