<i> Settore sommerso e politiche di emersione: un approccio stocastico </i> (di Marisa Cenci e Margherita Scarlato) - ABSTARCT: The aim of this paper is to analyse the role of uncertainty in shaping the behavior of firms in the underground economy. Following the "option value" approach, we present a...

<em>A Note on Growth and Development </em> (by Margherita Scarlato) - ABSTRACT: This short paper was provoked by the book Growth and Economic Development: Essays in Honour of A.P. Thirlwall. We critically survey the most prominent theories of development economics. We start discussing the heritage of the...

The aim of this paper is to contribute with a new perspective to the long-standing debate on regional gaps in Italy. We first discuss the evolution of the drivers of growth for the Italian economy in the broad international context. Secondly, we analyse the implications for the different italian...

This paper deals with the role of social enterprises in the new development policy for the southern italian regions, the so-called Mezzogiorno of Italy. First, we investigate the quantitative and qualititive relevant aspects of social enterprises in Italy. Secondly, we use the framework of the...