The Italian Economy: What Next?

The Italian Economy: What Next?

Author: Mario Baldassarri

Publisher: Springer

Published: 2016-07-27

Total Pages: 197

ISBN-13: 1349136395

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Since the early 1970s the Italian economy has been moving towards an irreversible real and financial crisis. Paradoxically, the conditions engendered by the currency crisis and recession may also provide the basis for a new economic policy strategy, which could lead to built a mere 'economic miracle!'


The Rise and Fall of the Italian Economy

The Rise and Fall of the Italian Economy

Author: Carlo Bastasin

Publisher: Cambridge University Press

Published: 2023-09-07

Total Pages: 191

ISBN-13: 1009235346

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Carlo Bastasin and Gianni Toniolo provide a much-needed, up-to-date economic history of Italy from unification in 1861 to the present day. They show how, thirty years after unification, Italy began a long phase of convergence with more advanced economies so that by the late twentieth century Italy's per capita income reached the levels of Germany, France and the UK. From the mid-1990s, however, the Italian economy declined first in relative and then absolute terms. The authors describe the intertwined financial and institutional crises that eroded trust in the political system and in the economy at the exact juncture when new technologies and markets transformed the global economy. Longstanding problems of uneven levels of education and obsolete bureaucratic and judicial practices deepened the division between economically vibrant regions and the rest, causing polarization, political instability and rising public debt. Italy's contemporary malaise makes the country a test-case for understanding the implications of protracted declines in productivity and the flattening of GDP growth for the stability of western democracies, resulting in populism, mistrust and political instability.


Financial Crisis Management and Democracy

Financial Crisis Management and Democracy

Author: Bettina De Souza Guilherme

Publisher: Springer Nature

Published: 2020-12-09

Total Pages: 372

ISBN-13: 3030548953

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This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.


The Oxford Handbook of the Italian Economy Since Unification

The Oxford Handbook of the Italian Economy Since Unification

Author: Gianni Toniolo

Publisher: Oxford University Press

Published: 2013-01-04

Total Pages: 802

ISBN-13: 0199936706

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This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.


Remaking the Italian Economy

Remaking the Italian Economy

Author: Richard M. Locke

Publisher: Cornell University Press

Published: 1995

Total Pages: 260

ISBN-13: 9780801484216

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A great merit of this stimulating volume lies in the fact that, by Locke's open, explicit claim of the priority to be accorded to a local rather than a national perspective in the interpretation of Italian political economy-and more generally in his interpretation of political economies of advanced democracies within a changing global environment-he urges interested readers to adopt a point of view.


The Oxford Handbook of the Italian Economy Since Unification

The Oxford Handbook of the Italian Economy Since Unification

Author: Gianni Toniolo

Publisher: Oxford University Press

Published: 2013-01-04

Total Pages: 822

ISBN-13: 0199324158

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This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.


Italy, the Sheltered Economy

Italy, the Sheltered Economy

Author: Fiorella Padoa-Schioppa

Publisher:

Published: 1993

Total Pages: 282

ISBN-13:

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This volume describes in considerable detail the structural features of the Italian economy. It is based on the results of a major three-year project analysing the Italian economy, and its primary focus is on the role of state and private economic agents.Italy has a huge and interventionist governmental economic policy: the state spends over 50% of National Income. Professor Padoa Schioppa Kastoris argues that much of this state action and regulation is irrational and counter-efficient. She then argues that the Italian economy is also characterizedby a large and efficient `black market', and that much of the private sector already evades the command and control imposed by the state. Since de facto deregulation therefore exists to a large extent in the Italian economy, Professor Padoa Schioppa Kastoris calls for legal deregulation andprivatization. She argues that a decrease in, and an altered character of, state action will enable the Italian economy to achieve higher rates of growth, and to reconcile the goals of efficiency and public interest.The book reflects a blend of theoretical and empirical work: although much data on the Italian economy is given in the book, the analysis is not technical.