Here is a useful reading from Andrew Warner of the IMF , for those who think that the only way to get back to growth is to soften EU deficit limits and boost public infrastructure investments . By the way, has anyone estimated the growth effects of the Italian TAV (High Speed Train) in Piedmont’s […]
growth
On the NYT
Bits of my interview on Renzi etc here with the New York Times
Will Monti’s Liberalizations Jump Start Italy’s Growth?
The main and most surprising success of the Monti government so far was the ability to push through Parliament two structural and “drastic” measures, the pension reform and the new property tax. without incurring any significant opposition from the unions or from political parties(with the exception of the Northern League). To a large extent this […]
Riforme Strutturali e Rischio Paese
Questo articolo interessante di Cardoso e Doménch da voxeu.org mostra come i rischi di default nei paesi industriali siano fortemente correlati ai problemi strutturali che rallentano la crescita. La tabella sottostante assegna valori crescenti alla necessità di tali riforme nei diversi mercati (rosso(3): gravi problemi strutturali, verde (1): ok; arancione (2): così così).