Add to ORKGIt’s currently very trendy in Italy to blame Angela Merkel, Mario Monti, and austerity measures for the current recession. This column argues that while the severity of the downturn is clearly a cyclical phenomenon, the inability of the country to grow out of it is the legacy of more than a decade of a lack of reforms in credit, product and labour markets. This lack of reform has suffocated innovation and productivity growth, resulting in wage dynamics that are completely decoupled from labour productivity and demand conditions
With public debt amounting to 132.1% of GDP and negative productivity growth over the last twenty ye...
Using macroeconomic data for 1960-2018, this paper analyzes the origins of the crisis of the ‘post-M...
The paper highlights two aspects of the policy challenges facing Italy during the crisis of 2008-200...
It’s currently very trendy in Italy to blame Angela Merkel, Mario Monti, and austerity measures for ...
Italy is experiencing at present the most serious economic recession of the post-war period. Between...
The Italian economy is often said to be on a declining path. In this paper, we document that: (i) ...
Italy has long strayed from the path of economic growth. Common sense tells us this is so and the da...
Italy is now facing its worst recession in recent history. And yet the current state is not the cons...
Italy’s economic crisis – arguably – poses the greatest challenge to the future of European economic...
The stagnation of the Italian economy since the mid-1990s can only be understood with reference to t...
We analyse the current Italian economic crisis as a phase of a major systemic decline. We argue that...
Italy has been experiencing for the last three decades a long structural economic recession. Labor m...
The Italian economy is often said to be on a declining path. In this paper, we document that: (i) I...
With public debt amounting to 132.1% of GDP and negative productivity growth over the last twenty ye...
Using macroeconomic data for 1960-2018, this paper analyzes the origins of the crisis of the ‘post-M...
The paper highlights two aspects of the policy challenges facing Italy during the crisis of 2008-200...
It’s currently very trendy in Italy to blame Angela Merkel, Mario Monti, and austerity measures for ...
Italy is experiencing at present the most serious economic recession of the post-war period. Between...
The Italian economy is often said to be on a declining path. In this paper, we document that: (i) ...
Italy has long strayed from the path of economic growth. Common sense tells us this is so and the da...
Italy is now facing its worst recession in recent history. And yet the current state is not the cons...
Italy’s economic crisis – arguably – poses the greatest challenge to the future of European economic...
The stagnation of the Italian economy since the mid-1990s can only be understood with reference to t...
We analyse the current Italian economic crisis as a phase of a major systemic decline. We argue that...
Italy has been experiencing for the last three decades a long structural economic recession. Labor m...
The Italian economy is often said to be on a declining path. In this paper, we document that: (i) I...
With public debt amounting to 132.1% of GDP and negative productivity growth over the last twenty ye...
Using macroeconomic data for 1960-2018, this paper analyzes the origins of the crisis of the ‘post-M...
The paper highlights two aspects of the policy challenges facing Italy during the crisis of 2008-200...