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Where is the Italian Economy going?

Author

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  • Nicola Acocella

    (MEMOTEF, Sapienza University, Rome, Italy)

Abstract

On the threshold of the third decade of the new millennium, a retrospective look and an assessment of the Italian economic situation are appropriate to understand possible future prospects. In this paper we will deal with the main aspects of this situation, starting with an international comparison of macroeconomic data referring to Italy, then moving on to outline the growth and development of the Italian economy over the last half century and the contribution of the public sector. We also deal with some distinctive features of the economic and social system, in particular the role of the South, schools, migration and relations with Europe. Dove sta andando l’economia italiana? Alle soglie del terzo decennio del nuovo millennio, uno sguardo retrospettivo e un bilancio della situazione economica italiana sono opportuni per comprendere le possibili prospettive future. In questo contributo affronteremo i principali aspetti di questa situazione, partendo da un confronto internazionale dei dati macroeconomici riferiti all’Italia, per poi passare a delineare la crescita e lo sviluppo dell’economia italiana nell’ultimo mezzo secolo e il contributo del settore pubblico. Ci occupiamo anche di alcuni tratti distintivi del sistema economico e sociale, in particolare del ruolo del Sud, della scuola, delle migrazioni e dei rapporti con l’Europa.

Suggested Citation

  • Nicola Acocella, 2022. "Where is the Italian Economy going?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 75(3), pages 287-322.
    • Handle: RePEc:ris:ecoint:0924
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    References listed on IDEAS

    as
    1. Giannola, Adriano & Petraglia, Carmelo & Scalera, Domenico, 2016. "Net fiscal flows and interregional redistribution in Italy: A long-run perspective (1951–2010)," Structural Change and Economic Dynamics, Elsevier, vol. 39(C), pages 1-16.
    2. Pisani-Ferry, Jean, 2014. "The Euro Crisis and Its Aftermath," OUP Catalogue, Oxford University Press, number 9780199993338, Decembrie.
    3. Livio Romano & Fabrizio Traù, 2020. "Italian Industry and Productivity. Going Beyond the Mainstream View," L'industria, Società editrice il Mulino, issue 4, pages 655-673.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    International Comparisons; Growth; Public Sector; South; School; Migration;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • I00 - Health, Education, and Welfare - - General - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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