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The Italian Economy: From the Effects of covid-19 to a Possible Recovery?

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  • Gianfranco Viesti

Abstract

This paper deals with the effects of the coronavirus pandemic on the Italian economy. Itdocuments how its economic impact will be severe and highly differentiated. It will be differentiatedamong industries and firms, hitting more services than manufacturing, and some servicesat most. Among people, hitting more less qualified workers than highly skilled; youngerworkers more than older ones; women more than men. Among territories: hitting more touristicareas; its long term effects on cities are still difficult to be quantified. The recovery plan underdefinition by the Italian government will play a crucial role in reducing those effects andrelaunching the economy: however, planning and implementing public investments requires acareful design.

Suggested Citation

  • Gianfranco Viesti, 2020. "The Italian Economy: From the Effects of covid-19 to a Possible Recovery?," L'industria, Società editrice il Mulino, issue 4, pages 629-654.
    • Handle: RePEc:mul:j0hje1:doi:10.1430/98708:y:2020:i:4:p:629-654
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