“At the basis of the concept of “convergence” lies “electoral stability and instability”, which is manifested by the “electoral volatility” variable, a measure that quantifies the electoral change at an aggregate level, or the percentage of voters who have changed their vote between two subsequent elections.” Interview with Prof. Emanuele about the electoral instability
Italy is a high savings country. Its households dispose of a net worth of around 10 thousand billion euro and financial assets of over 4 thousand billion euro. This means that in principle the national public debt of around 2 thousand billion euro cou …
What is the connection between nationalism and the promotion of a country’s cultural heritage? An interview with Mark Thatcher on the production of cultural nationalism.
An interview with Giovanni Piccirilli about the so-called “Taricco rule” and how it influence the complex relationship between Courts, and in particular, the complex course of the Italian Constitutional Court towards the European integration
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
One of the iron laws of Italian politics is that every new government promises more spending in infrastructure; and ask the EU to change its rules by not counting infrastructure spending for the calculation of the deficit. This is indeed an important demand, which needs to get a fair hearing.
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
In his latest editorial for LUISS Open’s “A view from Brussels”, Daniel Gros analyses the effects of non-performing loans on the broader Italian credit and banking sector, with a specific reference to France and Germany, arguing that NPLs do not hamper the possibilities of economic growth
Ahead of the Italian elections, in a two-parts essay published on LUISS Open, Gianfranco Pellegrino poses some moral and political questions on voting: is voting worthwhile? Is it a duty that the State should eventually make compulsory? Is it permissible to trade votes? All the answers in our column Moral Sentiments
With elections only a couple of weeks ahead, the tendency to bash the euro (and Europe) seems to have greatly diminished among all parties. But not bashing the euro and its rules is not enough, says Daniel Gros
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
The international chessboard has dramatically changed in the last few years, which has altered its balance. In this new piece for the column “World Disorder”, Antonio Badini analyses how western powers (especially Europe and Italy) can tackle this new situation and gain advantage from it
The current Pensions Act has the merit of putting a band-aid on social security expenditure. The system, however – as a result of the demographic revolution that has taken place since the 1970s – remains in itself unbalanced and disadvantageous for young people. The “youthquake” has moved away in Italy. An essay by professor Martone
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
A comparative analysis of the German labour market to evaluate Macron’s loi travail as well as the Italian context, in the latest editorial of our man in Paris, Francesco Saraceno
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