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Mario Monti's Impossible Mission
For TIME magazine picturing an Italian guy on the front cover of its international edition, with no disparaging intentions, is a rare event by itself and one of great pride for us, who are the man’s fellow citizens. Our pleasure reaches the climax when we find out the person in the picture is our Premier and the caption is: Can this man save Europe? Mind you: Europe, not Italy, as one could expect. Under the conditions, writing about him, however shortly, becomes irresistible for a man, like me, who lives on bread and politics. Too bad that I am known to being frank. In fact my frankness obliges me to write that, in my modest opinion (and, to quote Winston Churchill, I have a lot to be modest about), the answer to TIME caption is: I wish he could. And that is why I am calling this essay: Mario Monti’s Impossible Mission.
From Berlusconi to Monti
In 2011, Silvio Berlusconi's government fell amid a severe financial crisis that called into question the sustainability of Italy's enormous public debt. But Italy's entire political class suffered a downgrade at the hands of Europe, the markets, national elites, and many Italian citizens. From the beginning of 2011, the parties appeared weak and lacking in any vision, capable only of reacting poorly to events and interpreting them within the tired pro-/anti-Berlusconi frame that had dominated politics for two decades. Throughout the year, those shaping the key events came from outside the main parties: the president of the Republic, Giorgio Napolitano; the new president of the European Central Bank, Mario Draghi; the leader of Confindustria, Emma Marcegaglia; the new mayors of Milan and Naples; the promoters of the referendums in June; and, last but by no means least, the European Union, foreign leaders, and the markets. In November, the downgrade of Italy's parties was made official by the installation of a technocratic government, led by Mario Monti. By the year's end, it therefore seemed clear that while the Third Republic had not yet begun, the Second was breathing its last.
Fiscal Policy, Economic Adjustment, and Financial Markets
Edited by Mario Monti, this volume contains the proceedings of a seminar that was held in Milan at the Centre for Financial and Monetary Economics, Universitá Luigi Bocconi. Participants included government officials, academicians, and economists; they provide a many-faceted view of fiscal policy at the domestic level and in the broader context of international policy coordination.
The Single Market and Tomorrow's Europe
Summarizes the progress of the single market to date. Provides an essential key to the review of the single market undertaken by the European Commission.
Super Mario Monti
None
Good Italy, Bad Italy
An original analysis of the war between the two opposing sides of Italy's national character
Diners of New York
Maps pinpoint locations. Comprehensive listings for each region. Includes diner styles and manufacturers.
