Draghi’s quantitative easing has been a determining factor in breaking the ‘doom loop’ between weak banks and weak Countries. Now, after the extraordinary monetary policies, there is a development cycle stronger than before, as in the case of exports and capital flows
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
The reason why the “Jamaica coalition” of conservatives, liberals and greens has collapsed in Germany, and why it will now be difficult to replace it. Immigration, the shaky leadership of the parties and the advancement of the extreme come into play. Europe is shaking.
In the identification between single currency and neoliberal policies, that’s where the anti-Euro movement as well the advocates of the status quo are splashing around. Both, armed against one other, pretend not to see that the problem is not the single currency itself, but the intellectual climate that is now prevailing in Europe. Here are some ideas to finally change direction without blowing up the whole continent, taken from Francesco Saraceno’s preface to the Italian edition of Martin Sandbu’s book “Europe’s Orphan”.
According to a widespread belief, banks buying bonds of their own government can have a positive impact on the market, especially in order to stabilize a crisis. Daniel Gros argues, on the contrary, that this is not the case
A second extract from Martin Sandbu’s book on the European Single Currency and the economic crisis. The Italian translation of the volume will be out soon for LUISS University Press
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
Accordin to Martin Sandbu from the Financial Times, the crisis that hit the eurozone should not be blamed on the euro, but on a series of political mistakes. Sanbu’s latest book, published by Princeton UP, will be out soon in its Italian translation 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
An excerpt, for Open, from the new book “The Impact of the Economic Crisis of Southern European Democracies” by Leonardo Morlino and Francesco Raniolo
Leonardo Morlino and Mario Quaranta offer a methodical analysis on how the “quality of democracy” in Europe has changed as a result of economic crisis, by identifying three main deteriorations