The view that deficits and higher public debt can be beneficial has received an important boost through the recent presidential address of Prof. Olivier Blanchard at the American Economic Association, entitled: “Public debt and low interest rates”. A new editorial by Daniel Gros.
Plans by the Italian government for a deficit of 2.4 % instead of pursuing the adjustment path agreed with the EU have led to a sharp increase in the yields on Italian debt, with the yields on ten-year bonds rising above 3%. Italy seems to be only one step away from such an explosive feedback loop.
Daniel Gros and Mattia Di Salvo discuss, numbers at hand, the real situation about the migrant crisis and the role played in it so far by Italy and Germany
Andrea Lorenzo Capussela analyses the latest developments of Italy’s political situation, arguing that while the new government might restore some stability, it is unlikely to tackle the real roots of the crisis, namely low growth, rising inequality, and political distrust
Plutocratic populists and the Italian experience: a little exercise in historical comprehension
From state-owned enterprises to privatizations, from the internationalization of companies to the mistakes done by the banks. A contribution by Marcello Messori, Director of the Luiss School of European Political Economy, on the achievements and limits of a season that is still affecting the country
LUISS Open further explores inequality, with a contribution by Andrea Brandolini, Romina Gambacorta e Alfonso Rosolia focused on the trends in Italian economy
On October 22, the Lombardy and Veneto Regions of Italy will vote to decide on the request for greater autonomy. Constitutionalist Valerio Onida, in an essay from an upcoming book, illustrates the genetic limitations and possible changes for the Italian Regions
The strengths and difficulties of Italian tourism in the analysis of Carmela Decaro and Giovanni Piccirilli. This is an extract from the book Il turismo fra diritto internazionale, europeo e italiano (“Tourism in international, European and Italian law”), out soon for LUISS University Press
Debt recovery and growth in the medium term are the objectives that should be pivotal for the Italian government, according to this policy brief by the LUISS School of European Political Economy
The Director of the Italian Center for Electoral Studies at LUISS, Lorenzo De Sio, presents an analysis of the new strategic guidelines for leaders and parties, in a political landscape of big change
An exclusive for LUISS Open, the video interview to Roberto D’Alimonte on the recent developments of the Italian electoral law
On the 25th anniversary of Giovanni Falcone’s death, Gianfranco Pellegrino discusses the influence of his philosophy on generations of Italians
An op-ed by Daniel Gros, director of Brussels-based think tank CEPS, on the elections in France and on their impact from a European point of view
A basketball metaphor to analyze Italy’s current position in the Economic and Monetary Union and the European Union in general. The editorial by Marcello Messori, director of the LUISS School of European Political Economy
In an op-ed published on December 7, 2016 on “Corriere della Sera”, which is reproduced here, Enzo Moavero Milanesi argues that it would be wise for Italy to make constructive proposals at European level, with the aim of promoting growth rather than closing itself behind “vetoes” and ending up alone