Pension poor and housing rich in Greece? A generational perspective argues for policy entrepreneurship

The Greek crisis can be framed as an ageing narrative. Greece confronted dilemmas that all ageing societies are bound to face. For example, it was forced in June 2015 to choose between discharging a legal obligation – repaying the IMF– and an ethical obligation – paying pensions; ethics won out. Pensions crop up in every juncture of the crisis – most recently during the third bailout. Future ageing issues have been telescoped forward.