The severe crisis affecting European Monetary Union has emphasized the prevailing interests of national governments and the lack of political leadership of European institutions, not to mention the failure of eurozone governance in terms of effective crisis management. The present work argues...

In Sicily there is an increased dependency of the economy and employment from politics due to the weakness of the market economy and to the lack of strong civic culture. This paper will explain what are the ‘productive districts’ in Sicily and what they represent. The present work focuses on...

The euro crisis, the greater European integration, the effects of globalization have affected especially the Sicilian economy. A region in which there is an increased dependency of the economy and employment from politics for the chronic weakness of the market economy and the lack of strong...

The EMU governance has showed to be incapable of an effective crisis management following the global downturn. The recent decisions by European Council taken in March 2011, named the ‘Pact of the Euro’, to design a new governance of the EMU can be considered a significant attempt to give new...

The severe crisis that affected the European Monetary Union has emphasized the prevailing interests of national governments and a lack of political leadership of the European institution , while the governance of the euro area has been incapable of an effective crisis management. The present...