The Rise And Fall Of The Italian Economy
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| Author | : Carlo Bastasin |
| Publisher | : Cambridge University Press |
| Total Pages | : 191 |
| Release | : 2023-09-07 |
| Genre | : Business & Economics |
| ISBN | : 1009235346 |
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.
| Author | : Andrea Lorenzo Capussela |
| Publisher | : Oxford University Press |
| Total Pages | : 296 |
| Release | : 2018 |
| Genre | : Business & Economics |
| ISBN | : 0198796994 |
Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system. Analysing both political economic literature and the history of Italy from 1861 onwards, The Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings. It analyses two alternative reactions to the insufficient provision of public goods: an opportunistic one- employing tax evasion, corruption, or clientelism as means to appropriate private Goods- and one based on enforcing political accountability. From the perspective of ordinary citizens and firms such social dilemmas can typically be modelled as coordination games, which have multiple equilibria. Self-interested rationality can thus lead to a spiral, in which several mutually reinforcing vicious circles lead society onto an inefficient equilibrium characterized by low political accountability and weak rule of law. The Political Economy of Italy's Decline follows the gradual setting in of this spiral as it identifys the deeper causes of Italy's decline.
| Author | : Jon S. Cohen |
| Publisher | : Cambridge University Press |
| Total Pages | : 156 |
| Release | : 2001-09-06 |
| Genre | : Business & Economics |
| ISBN | : 9780521666923 |
A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.
| Author | : Michael Day |
| Publisher | : Macmillan |
| Total Pages | : 287 |
| Release | : 2015-07-21 |
| Genre | : Biography & Autobiography |
| ISBN | : 1137280042 |
The first book to fully document the scandal-riddled rise and fall of Italy's Prime Minister and tabloid star—Silvio Berlusconi
| Author | : John Foot |
| Publisher | : Bloomsbury Publishing |
| Total Pages | : 448 |
| Release | : 2022-06-09 |
| Genre | : History |
| ISBN | : 1408897938 |
'Clear, cool, plainly written and devastating' Lucy Hughes-Hallett, Times Literary Supplement A major history of the rise and fall of Italian fascism: a dark tale of violence, ideals and a country at war. In the aftermath of the First World War, the seeds of fascism were sown in Italy. While the country reeled in shock, a new movement emerged from the chaos: one that preached hatred for politicians and love for the fatherland; one that promised to build a 'New Roman Empire', and make Italy a great power once again. Wearing black shirts and wielding guns, knives and truncheons, the proponents of fascism embraced a climate of violence and rampant masculinity. Led by Benito Mussolini, they would systematically destroy the organisations of the left, murdering and torturing anyone who got in their way. In Blood and Power, historian John Foot draws on decades of research to chart the turbulent years between 1915 and 1945, and beyond. Drawing widely from accounts of people across the political spectrum – fascists, anti-fascists, communists, anarchists, victims, perpetrators and bystanders – he tells the story of fascism and its legacy, which still, disturbingly, reverberates to this day.
| Author | : Carlo Bastasin |
| Publisher | : Brookings Institution Press |
| Total Pages | : 565 |
| Release | : 2015-01-23 |
| Genre | : Business & Economics |
| ISBN | : 0815726147 |
In this gripping narrative, Carlo Bastasin reconstructs the main political decisions of the euro crisis, unveiling the hidden interests and the secret diplomacy behind the scene. The European dream was both the rejection of war and the creation of a new spirit of peaceful cooperation. Yet confrontation has been the hallmark of the euro crisis, and national opportunistic gimmicks have driven the awkward attempts to solve the crisis itself. Today, Europe is in a crisis of democracy, which Bastasin has dubbed, "the first War of Interdependence of the global age." Praise for the first edition of Saving EuropeBastasin does an admirable job in analysing the euro-zone's economic challenges and is a sure-footed guide through the seemingly endless European Union summit meetings that were supposed to resolve them. He also has an eye for the human detail that makes his sad account of institutional muddle surprisingly compelling. — Financial Times Bastasin's book is worth reading for its detailed political narrative of the eurozone crisis to date, focusing on the interaction among decision-makers in Europe's capitals. — Foreign Affairs A reconstruction that may be considered definitive. Revelations on the European negotiations are written with talent and go hand in hand with no-esoteric economic analysis and with the right amount of realism to reach the political substance. —Corriere della Sera Anyone looking for general knowledge and deeper understanding of the crisis, I can recommend a formidable analysis by Carlo Bastasin: Saving Europe. The author is a very unusual combination of a qualified economist and driven journalism. —Svenska Dagbladet
| Author | : Samuel Rosenberg |
| Publisher | : Springer Nature |
| Total Pages | : 344 |
| Release | : |
| Genre | : |
| ISBN | : 1403990263 |
| Author | : Bettina De Souza Guilherme |
| Publisher | : Springer Nature |
| Total Pages | : 372 |
| Release | : 2020-12-09 |
| Genre | : Business & Economics |
| ISBN | : 3030548953 |
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.
| Author | : Vera Zamagni |
| Publisher | : World Economies |
| Total Pages | : 184 |
| Release | : 2018 |
| Genre | : Economic history |
| ISBN | : 9781911116776 |
The legacies of two great civilizations--the Roman Empire and Renaissance city-states--are still apparent in today's Italian economy in its internationalization, strong regional cultures, tourism, and arts industries. Less appreciated is the country's status as continental Europe's second-largest industrial power, notwithstanding the disproportionate significance of SMEs in Italy. Vera Zamagni's survey of the Italian economy and its modern history outlines its unique shape and structure and how human factors explain its strengths in social networks, "niche capitalism," and well-being indicators, as well as its weaknesses reflected in regional imbalances, political instability, and recently in banking. Focusing on economic developments since 1945, Zamagni explains how the contemporary economy is the result of the contours of this longer history, of the country's geography--low on natural resources but blessed with good weather and shipping opportunities--and more recent factors such as the country's membership in the EU and the changing profile of Italian demography and the country's surprisingly measured response to the challenges of migration. Drawing upon both conventional and heterodox approaches, the book concludes with an assessment of the prospects for the Italian economy. The book provides a concise overview of value for students in politics, political economy, history, and economics and for professionals looking to understand the nature of recent Italian economic performance.
| Author | : Giuseppe Celi |
| Publisher | : Routledge |
| Total Pages | : 298 |
| Release | : 2017-12-22 |
| Genre | : Business & Economics |
| ISBN | : 1134867530 |
After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence. Crisis in the European Monetary Union: A Core-Periphery Perspective provides a new framework for analysing the economic crisis that has shaken the Eurozone countries. Its analysis goes beyond the short-term, to study the medium and long-term relations between ‘core’ countries (particularly Germany) and Southern European ‘peripheral’ countries. The authors argue that long-term sustainability means assigning the state a key role in guiding investment, which in turn implies industrial policies geared towards diversifying, innovating and strengthening the economic structures of peripheral countries to help them thrive. Offering a fresh angle on the European crisis, this volume will appeal to students, academics and policymakers interested in the past, present and future construction of Europe.
