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L’Italia e il problema della crescita dopo l’euro
[Italy and the problem of growth after the euro]

Author

Listed:
  • Daniele, Schilirò

Abstract

In Italy the rate of growth of GDP has declined over the period 2000-2007, after joining the single currency. The decrease is not incidental, but it has a structural and long-term nature, so this decrease relates to the potential growth. This weakening of growth takes place in an international economic context in which globalization has increased competitive pressures in product markets, capital markets, but also in the labor market. Italy still needs some structural reforms to become a full member in Europe. The present paper seeks to single out the causes of the low growth of the Italian economy after joining the single currency and focuses on the possible structural reforms affecting the labor market, taxation, the expansion of supply factors with the relative issues concerning the role of the state, privatization and liberalization.

Suggested Citation

  • Daniele, Schilirò, 2009. "L’Italia e il problema della crescita dopo l’euro
    [Italy and the problem of growth after the euro]
    ," MPRA Paper 81985, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:81985
    as

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    File URL: https://mpra.ub.uni-muenchen.de/81985/1/MPRA_paper_81985.pdf
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    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:hrv:faseco:33077889 is not listed on IDEAS
    2. Daniele Schilirò, 2010. "Investing in Knowledge: Knowledge, Human Capital and Institutions for the Long Run Growth," Chapters, in: Maarten J. Arentsen & Wouter van Rossum & Albert E. Steenge (ed.), Governance of Innovation, chapter 3, Edward Elgar Publishing.
    3. Schilirò, Daniele, 2005. "Economia della conoscenza,istituzioni e sviluppo economico
      [Knowledge-based economy, institutions and economic development]
      ," MPRA Paper 31492, University Library of Munich, Germany.
    4. Schilirò, Daniele, 2006. "Crescita economica, conoscenza e capitale umano. Le teorie e i modelli di crescita endogena di Paul Romer e Robert Lucas
      [Economic growth, knowledge and human capital. Theories and models of endoge
      ," MPRA Paper 52435, University Library of Munich, Germany.
    5. Andrei Shleifer, 1998. "State versus Private Ownership," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 133-150, Fall.
    6. von Hagen, Jurgen & Eichengreen, Barry, 1996. "Federalism, Fiscal Restraints, and European Monetary Union," American Economic Review, American Economic Association, vol. 86(2), pages 134-138, May.
    7. Schilirò, Daniele, 2002. "I criteri del Trattato di Maastricht, l’Europa e l’euro: debito pubblico in Italia e crescita
      [The criteria of the Maastricht Treaty, Europe and the euro: public debt in Italy and growth]
      ," MPRA Paper 36333, University Library of Munich, Germany.
    8. Schilirò, Daniele, 2006. "L’euro, il patto di stabilità e di crescita e la sua riforma
      [The euro, the stability and growth pact and its reform]
      ," MPRA Paper 37333, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Italian economy; economic growth; European Monetary Union; structural reforms; labour market; fiscal policy;

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • F3 - International Economics - - International Finance
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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