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Stabilising Capitalism
The role of central banks as a hinge on which the financial system rests has returned to the top of the political agenda in recent years. The global financial crisis has resulted in many changes for central banks, including renewed power in financial supervision and reduced restrictions in their implementation of monetary policies. This book argues that central banks play a key role in financial systems, presenting the European Central Bank as a specific example of an institution that uses its uniquely independent position and wide margins of discretion to provide an array of important functions. It illustrates how central banks promote the security and efficiency of payment systems, pursue ...
The Italian Financial System Remodelled
This book looks at the banking and finance industries in Italy and how these industries contribute to the Italian economy. Could these industries be the solution to the contradiction in which the country's economy has been caught for several years: it is better governed than it has been in the past, but is not growing as much as it could. The book looks at how this solution might be achieved and what factors will govern the contribution of the banking and finance industries.
The Italian Financial System Remodelled
This book looks at the banking and finance industries in Italy and how these industries contribute to the Italian economy. Could these industries be the solution to the contradiction in which the country's economy has been caught for several years: it is better governed than it has been in the past, but is not growing as much as it could. The book looks at how this solution might be achieved and what factors will govern the contribution of the banking and finance industries.
Social Pacts, Employment and Growth
In this book leading European economists examine the current status of social pacts and their future. Particular focus is placed on the role of trade unions, and the positive role they can play for economic and social stability by agreeing to set wages on the basis of a target rate of inflation. As the European Union expands and social change accelerates, this insightful book will be of interest to all concerned with social and economic developments across Europe.
Tornare alla crescita
«Vivace in passato, l’economia italiana è ferma da anni. Alla decadenza hanno concorso la finanza pubblica, squilibrata; le infrastrutture, deteriorate; l’ordinamento giuridico, inadeguato; il dinamismo d’impresa, appannato. L’Europa non fa quanto potrebbe. A reagire, a fare fronte, sono chiamate cultura, istituzioni, politica, da ultimo la società civile del paese. Solo così potrà ritrovarsi la via della crescita». In Italia la produttività è bassa, la disoccupazione alta, lenta la fuoruscita dalle recessioni del 2008-2013. Eppure ancora oggi molti, non solo governanti ansiosi di consenso a breve, ostentano ottimismo, celano al paese la realtà: il debito pubblico innervosis...
La Specificità Italiana Nella Crisi in Atto (The Italian Specificity in the Current Crisis) (in Italian).
The Italian economy is going through its deepest contraction in history. Even more worrisome is the negative trend in productivity and capacity to export, which has persisted since the early 1990s. The paper analyzes the root causes of these twin evils, as well as the linkages between them. An attempt is also made to sketch the economic policy measures and the autonomous responses by producers that could improve the long-run, structural perspectives of the economy and, via expectations, accelerate the escape from the present phase of stagnant domestic demand.
The Italian Economy
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