ABSTRACT

This paper concentrates specifically on the smaller or “middle-of-the-bell-curve” economy, as opposed to the poorer economy, and highlights the consequences of cross-border agreements on such a participating party. The Greek / EU scenario, in conjunction with the phenomenological study of the Greek economy forms the crux of the study. In particular, the Greek mining sector of commerce is considered over a twenty year time frame, from the transitional years of Greece’s incorporation into the then EEC through to her imminent inclusion into the EMU. The investigation is further expanded to encompass a techno-economic evaluation that underlines the potential emerging challenges that are presented to a smaller economy’s industries, management and engineering fraternity.