The increasing outward orientation of the Chinese economy — specialized in the same sectors included in the "Made in Italy" — has raised worries on the future of Italy's international specialization. This paper analyses OECD imports from Italy, France, Spain and China and shows that the...

World trade has increased in the recent years and international trade flows are often intra-industrial, thus competition is based on quality and characteristics other than on cost. Italy is exceptional respect to developed economies: it did not leave mature industries to specialise in advanced...

In-depth analysis of the key players (China, India, Brazil, Russia, Turkey, Indonesia, North Africa) of the unprecedented international economic integration of the last 25 years. Despite their success, the fragilities of their banking systems pose constraints to domestic growth and risks to...