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The Political Economy Of Italys Decline
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Book Synopsis The Political Economy of Italy's Decline by : Andrea Lorenzo Capussela
Download or read book The Political Economy of Italy's Decline written by Andrea Lorenzo Capussela and published by Oxford University Press. This book was released on 2018 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system. Analysing both political economic literature and the history of Italy from 1861 onwards, The Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings. It analyses two alternative reactions to the insufficient provision of public goods: an opportunistic one- employing tax evasion, corruption, or clientelism as means to appropriate private Goods- and one based on enforcing political accountability. From the perspective of ordinary citizens and firms such social dilemmas can typically be modelled as coordination games, which have multiple equilibria. Self-interested rationality can thus lead to a spiral, in which several mutually reinforcing vicious circles lead society onto an inefficient equilibrium characterized by low political accountability and weak rule of law. The Political Economy of Italy's Decline follows the gradual setting in of this spiral as it identifys the deeper causes of Italy's decline.
Book Synopsis Political Economy of Contemporary Italy by : Nicolò Giangrande
Download or read book Political Economy of Contemporary Italy written by Nicolò Giangrande and published by . This book was released on 2021-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Drawing on Kaleckian and Kaldorian approaches, Political Economy of Contemporary Italy: The Economic Crisis and State Intervention explores the reasons behind the stagnation of the Italian economy from the 1970s, and suggests policy solutions to ease the crisis. The central thesis of the book is that from the early 1990s Italy experienced a constant reduction of both private and public investment which, combined with increasing labour precariousness and wage moderation, contributed to the decline of both labour productivity and economic growth. It is argued that lack of industrial policies amplified the problem of the poor macroeconomic performance, since Italian firms - small sized and non-innovating - were incapable of staying competitive on the global scene. Net exports did not compensate for the decline of public spending, private investment and consumption. It is also shown that, in these respects, Italy presents an interesting case-study with wider ramifications for it was involved in the global process of intensifying the neoliberal agenda but at a faster rate than other OECD countries. The book concludes with a call for an alternative economic policy in order to promote innovation, reduce unemployment and stimulate economic growth. This book marks a significant contribution to the literature on the recent history of the European economy, Italian studies, and the history of economic thought. Nicolò Giangrande is an economic researcher at the Giuseppe Di Vittorio Foundation (Italy), professor and director of the Cátedra Barão do Rio Branco at the U:VERSE University Centre (Brazil), and teaching assistant in Political Economy at the University of Salento (Italy)"--
Book Synopsis The Political Economy of Italy's Decline by : Andrea Lorenzo Capussela
Download or read book The Political Economy of Italy's Decline written by Andrea Lorenzo Capussela and published by Oxford University Press. This book was released on 2018-04-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system. Analysing both political economic literature and the history of Italy from 1861 onwards, The Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings. It analyses two alternative reactions to the insufficient provision of public goods: an opportunistic one – employing tax evasion, corruption, or clientelism as means to appropriate private goods –- and one based on enforcing political accountability. From the perspective of ordinary citizens and firms such social dilemmas can typically be modelled as coordination games, which have multiple equilibria. Self-interested rationality can thus lead to a spiral, in which several mutually reinforcing vicious circles lead society onto an inefficient equilibrium characterized by low political accountability and weak rule of law. The Political Economy of Italy's Decline follows the gradual setting in of this spiral as it identifys the deeper causes of Italy's decline.
Book Synopsis Family, Political Economy, and Demographic Change by : David I. Kertzer
Download or read book Family, Political Economy, and Demographic Change written by David I. Kertzer and published by Univ of Wisconsin Press. This book was released on 1989 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family, Political Economy, and Demographic Change represents an unprecedented interdisciplinary effort to discover how changes in family life and demographic behavior actually occurred in this crucial period, and how people's lives were affected. The book takes issue with a number of the most influential demographic and sociological theories dealing with the evolution of the Western family and the factors responsible for fertility decline. As in so many other parts of Europe, the northern Italian community of Casalecchio experienced massive social and economic changes in the nineteenth and early twentieth centuries. Characterized by sharecropping agriculture and large, complex family households, the community faced the effects of industrialization, urbanization, and dramatic political change. Making use of unusually rich archival sources to reconstruct the live of 19,000 people who lived in Casalecchio during this period, Kertzer and Hogan challenge many current generalizations regarding the emergence of modern European society.
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1916 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Tragedy of Empire by : Michael Kulikowski
Download or read book The Tragedy of Empire written by Michael Kulikowski and published by Harvard University Press. This book was released on 2019-11-19 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sweeping political history of the turbulent two centuries that led to the demise of the Roman Empire. The Tragedy of Empire begins in the late fourth century with the reign of Julian, the last non-Christian Roman emperor, and takes readers to the final years of the Western Roman Empire at the end of the sixth century. One hundred years before Julian’s rule, Emperor Diocletian had resolved that an empire stretching from the Atlantic to the Euphrates, and from the Rhine and Tyne to the Sahara, could not effectively be governed by one man. He had devised a system of governance, called the tetrarchy by modern scholars, to respond to the vastness of the empire, its new rivals, and the changing face of its citizenry. Powerful enemies like the barbarian coalitions of the Franks and the Alamanni threatened the imperial frontiers. The new Sasanian dynasty had come into power in Persia. This was the political climate of the Roman world that Julian inherited. Kulikowski traces two hundred years of Roman history during which the Western Empire ceased to exist while the Eastern Empire remained politically strong and culturally vibrant. The changing structure of imperial rule, the rise of new elites, foreign invasions, the erosion of Roman and Greek religions, and the establishment of Christianity as the state religion mark these last two centuries of the Empire.
Book Synopsis Principles of Political Economy by : John Stuart Mill
Download or read book Principles of Political Economy written by John Stuart Mill and published by . This book was released on 1882 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Oil and the political economy in the Middle East by : Martin Beck
Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
Book Synopsis The Global Political Economy of Israel by : Jonathan Nitzan
Download or read book The Global Political Economy of Israel written by Jonathan Nitzan and published by Pluto Press. This book was released on 2002-08-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate about globalisation and its discontents
Book Synopsis The Political Economy of Environmentally Related Taxes by : OECD
Download or read book The Political Economy of Environmentally Related Taxes written by OECD and published by OECD Publishing. This book was released on 2006-06-19 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive discussion on the effectiveness of environmentally related taxes and their potential for wider use.
Book Synopsis Political Economy and Global Capitalism by : Robert Albritton
Download or read book Political Economy and Global Capitalism written by Robert Albritton and published by Anthem Press. This book was released on 2010 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together original and timely writings by internationally renowned scholars that reflect on the current trajectories of global capitalism and, in the light of these, consider likely, possible or desirable futures. It offers theory-informed writing that contextualizes empirical research on current world-historic events and trends with an eye towards realizing a future of human, social and economic betterment.
Book Synopsis Good Italy, Bad Italy by : Bill Emmott
Download or read book Good Italy, Bad Italy written by Bill Emmott and published by Yale University Press. This book was released on 2013-04-20 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not long ago Italy was Europe's highly touted emerging economy, a society that blended dynamism and super-fast growth with a lifestyle that was the envy of all. Now it is viewed as a major threat to the future of the Euro, indeed to the European Union as a whole. Italy's political system is shorn of credibility as it struggles to deal with huge public debts and anemic levels of economic growth. Young people are emigrating in droves, frustrated at the lack of opportunity, while older people stubbornly cling to their rights and privileges, fearful of an uncertain future. In this lively, up-to-the-minute book, Bill Emmott explains how Italy sank to this low point, how Italians feel about it, and what can be done to return the country to more prosperous and more democratic times. With the aid of numerous personal interviews, Emmott analyzes "Bad Italy"—the land of disgraced Prime Minister Silvio Berlusconi, an inadequate justice system, an economy dominated by special interests and continuing corruption—against its contrasting foil "Good Italy," the home of enthusiastic entrepreneurs, truth-seeking journalists, and countless citizens determined to end mafia domination for good.
Book Synopsis Financial Crisis Management and Democracy by : Bettina De Souza Guilherme
Download or read book Financial Crisis Management and Democracy written by Bettina De Souza Guilherme and published by Springer Nature. This book was released on 2020-12-09 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.
Book Synopsis Climate Crisis and the Global Green New Deal by : Noam Chomsky
Download or read book Climate Crisis and the Global Green New Deal written by Noam Chomsky and published by Verso Books. This book was released on 2020-09-22 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging conversation with Noam Chomsky—revered public intellectual and Manufacturing Consent author—about climate change, capitalism, and how a global Green New Deal can save the planet. In this compelling new book, Noam Chomsky, the world’s leading public intellectual, and Robert Pollin, a renowned progressive economist, map out the catastrophic consequences of unchecked climate change—and present a realistic blueprint for change: the Green New Deal. Together, Chomsky and Pollin show how the forecasts for a hotter planet strain the imagination: vast stretches of the Earth will become uninhabitable, plagued by extreme weather, drought, rising seas, and crop failure. Arguing against the misplaced fear of economic disaster and unemployment arising from the transition to a green economy, they show how this bogus concern encourages climate denialism. Humanity must stop burning fossil fuels within the next thirty years and do so in a way that improves living standards and opportunities for working people. This is the goal of the Green New Deal and, as the authors make clear, it is entirely feasible. Climate change is an emergency that cannot be ignored. This book shows how it can be overcome both politically and economically.
Book Synopsis Crisis in the European Monetary Union by : Giuseppe Celi
Download or read book Crisis in the European Monetary Union written by Giuseppe Celi and published by Routledge. This book was released on 2017-12-22 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence. Crisis in the European Monetary Union: A Core-Periphery Perspective provides a new framework for analysing the economic crisis that has shaken the Eurozone countries. Its analysis goes beyond the short-term, to study the medium and long-term relations between ‘core’ countries (particularly Germany) and Southern European ‘peripheral’ countries. The authors argue that long-term sustainability means assigning the state a key role in guiding investment, which in turn implies industrial policies geared towards diversifying, innovating and strengthening the economic structures of peripheral countries to help them thrive. Offering a fresh angle on the European crisis, this volume will appeal to students, academics and policymakers interested in the past, present and future construction of Europe.
Book Synopsis The Triumph of Empire by : Michael Kulikowski
Download or read book The Triumph of Empire written by Michael Kulikowski and published by Harvard University Press. This book was released on 2016-11-28 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A genuinely bracing and innovative history of Rome.” —Times Literary Supplement The Triumph of Empire takes us into the political heart of imperial Rome and recounts the extraordinary challenges overcome by a flourishing empire. Roman politics could resemble a blood sport: rivals resorted to assassination as emperors rose and fell with bewildering speed, their reigns sometimes measured in weeks. Factionalism and intrigue sapped the empire from within, and imperial succession was never entirely assured. Michael Kulikowski begins with the reign of Hadrian, who visited the farthest reaches of his domain and created a stable frontier, and takes us through the rules of Marcus Aurelius and Diocletian to Constantine, who overhauled the government, introduced a new state religion, and founded a second Rome. Despite Rome’s political volatility, imperial forces managed to defeat successive attacks from Goths, Germans, Persians, and Parthians. “This is a wonderfully broad sweep of Roman history. It tells the fascinating story of imperial rule from the enigmatic Hadrian through the dozens of warlords and usurpers who fought for the throne in the third century AD to the Christian emperors of the fourth—after the biggest religious and cultural revolution the world has ever seen.” —Mary Beard, author of SPQR “This was an era of great change, and Kulikowski is an excellent and insightful guide.” —Adrian Goldsworthy, Wall Street Journal
Download or read book Out of Italy written by Fernand Braudel and published by Europa Editions. This book was released on 2019-07-16 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Memory and the Mediterranean, a comprehensive history of the Italian city states from 1450 to 1650. In the fifteenth century, even before the city states of the Apennine Peninsula began to coalesce into what would become, several centuries later, a nation, “Italy” exerted enormous influence over all of Europe and throughout the Mediterranean. Its cultural, economic, and political dominance is utterly astonishing and unique in world history. Viewing the Italy?the many Italies?of that time through the lens of today allows us to gather a fragmented, multi-faceted, and seemingly contradictory history into a single unifying narrative that speaks to our current reality as much as it does to a specific historical period. This is what the acclaimed French historian, Fernand Braudel, achieves here. He brings to life the two extraordinary centuries that span the Renaissance, Mannerism, and the Baroque and analyzes the complex interaction between art, science, politics, and commerce during Italy’s extraordinary cultural flowering.
