In the eye of the storm : the Italian economy and the eurozone crisis

The eurozone crisis had a more significant and longer-lasting impact on Italy than on virtually any other member state, with the effects still visible a decade after. The extent of the shock was surprising in view of progress Italy had apparently made in the 1990s in terms of enhancing its capacity to meet the demands of European Monetary Union. The explanation for this traumatic economic experience lies in Italy’s deep, long-term, structural tensions which were placed under severe pressure during the 1990s and which were cracked open by the 2011 sovereign debt crisis. These have had long-standing economic effects as well as political ramifications in terms of a significant change in the Italy–EU relationship

Killing two birds with one currency: Income and fiscal policies in a growth model of a currency union

International audienc

The Italian Flagship Project: Factories of the Future

This chapter deals with the central role of manufacturing in developed and developing countries, assessing how relevant it is from economic and social perspectives. The current international and Italian manufacturing contexts are analysed by highlighting the main criticalities and the impact of relevant global megatrends. Then, the main ongoing industrial research initiatives are presented both at international and Italian level. Based on the elaboration of current context and research initiatives, the Italian Flagship Project Factories of the Future defined five research priorities for the future of the manufacturing industry. Based on these priorities, the flagship project funded a total of 18 small-sized research projects after a competition based on calls for proposals. The results of the funded research projects are analysed in terms of scientific and industrial results, while providing references for more detailed descriptions in the specific chapters

Heterogeneity, saving-investment dynamics and capital mobility in Latin America

Solvency, Capital mobility, Panel error correction models, Heterogeneity, Cross section dependence, Latin American countries, C23, F21,