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Countrymetrics: valutazione della performance economica e tecnologia dei paesi e posizionamento dell’Italia

Author

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  • Mario Coccia

    (National Research Council of Italy e Max Planck Institute of Economics Jena (Geramany))

Abstract

The paper aims at explaining the ineffectiveness of the tripartite social pact of July 1993 (the so-called July Protocol) in fostering growth, further to curbing inflation and favouring employment. In the light of labour productivity dynamics, wage moderation after 1993 appears as a significant wage deflation. In an economy with relevant segments sheltered from international competitiveness, privatisations and wage deflation have combined in favouring rent accumulation; so that, unexpectedly, wage moderation has combined with a sensible competitive loss and with slow growth. Changes in the fundamental relationships among growth, profits, investment and employment show deterioration in the quality of new jobs and an employment-productivity tradeoff, which are discussed with refer- ence to innovation, workplace re-organisation and relational goods accumulation. Within the industrial relations system, major shortcomings can be traced to the poor engagement of social partners in preserving the credibility of the Pact. The concluding recommendations aim at resolving the incompleteness of the Protocol, and helping the Italian economy to enter the «high road» to competitiveness.

Suggested Citation

  • Mario Coccia, 2005. "Countrymetrics: valutazione della performance economica e tecnologia dei paesi e posizionamento dell’Italia," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 113(3), pages 377-412.
  • Handle: RePEc:vep:journl:y:2005:v:113:i:3:p:377-412
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    References listed on IDEAS

    as
    1. William Easterly, 2002. "The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262550423, January.
    2. John T. Cuddington, 1997. "Analysing the Sustainability of Fiscal Deficits in Developing Countries," International Finance 9706001, EconWPA.
    3. Jakob E Christensen, 2004. "Domestic Debt Markets in Sub-Saharan Africa," IMF Working Papers 04/46, International Monetary Fund.
    4. Aart Kraay & Vikram Nehru, 2006. "When Is External Debt Sustainable?," World Bank Economic Review, World Bank Group, vol. 20(3), pages 341-365.
    5. George Iden & Marco Arnone, 2003. "Primary Dealers in Government Securities; Policy Issues and Selected Countries Experience," IMF Working Papers 03/45, International Monetary Fund.
    6. Philippe Beaugrand & Montfort Mlachila & Boileau Loko, 2002. "The Choice Between External and Domestic Debt in Financing Budget Deficits; The Case of Central and West African Countries," IMF Working Papers 02/79, International Monetary Fund.
    7. Craig Burrnside, 2005. "Fiscal Sustainability in Theory and Practice : A Handbook," World Bank Publications, The World Bank, number 7495.
    8. World Bank & International Monetory Fund, 2001. "Developing Government Bond Markets : A Handbook," World Bank Publications, The World Bank, number 13865.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Coccia, Mario & Wang, Lili, 2015. "Path-breaking directions of nanotechnology-based chemotherapy and molecular cancer therapy," Technological Forecasting and Social Change, Elsevier, pages 155-169.
    2. Mario Coccia, 2017. "Disruptive technologies and competitive advantage of firms in dynamic markets," IRCrES Working Paper 201704, Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    3. Igor Benati & Mario Coccia, 2017. "The relation between public manager compensation and members of parliament’s salary across OECD countries: explorative analysis and possible determinants with public policy implications," quaderni IRCrES 201702, Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    4. Mario Coccia, 2017. "General purpose technologies in dynamic systems: visual representation and analyses of complex drivers," IRCrES Working Paper 201705, Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    5. Cavallo, Eugenio & Ferrari, Ester & Bollani, Luigi & Coccia, Mario, 2014. "Attitudes and behaviour of adopters of technological innovations in agricultural tractors: A case study in Italian agricultural system," Agricultural Systems, Elsevier, pages 44-54.
    6. Mario Coccia, 2017. "The relation between typologies of executive and technological performances of nations," IRCrES Working Paper 201701, Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    7. Mario Coccia, 2017. "Measurement of Economic Growth, Development and Under Development: New Model and Application," Papers 1704.05015, arXiv.org.

    More about this item

    Keywords

    country risk evaluation; technological measurement; economic performance; comparative studies of countries; economic growth; systemic approach;

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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