Essays in Economic and Business History (Jul 2020)

The First Greek Modernizer: Just How Much of a Modernizer Was He? The Charilaos Trikoupis Case

  • Ioannis Papanagiotou

Journal volume & issue
Vol. 38

Abstract

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This article presents the case of Charilaos Trikoupis, who is considered to have been the first to modernize the Greek economy. The argument here, based on a review of the daily press and parliamentary proceedings of his time, is that Trikoupis’ development plan was, apart from its modernism, also based on a grand delusion. Trikoupis was a political conquistador in his undertaking of bridging a path of capital between the advanced Occident and Greece. While it became apparent that the strategy he had developed had begun heading towards a profound dead-end, he never actually revised it, although he should have. The focus of this article is not to deny Trikoupis’ role as a modernizer, but re-evaluate and refine it.