The generalised economic downturn in developed countries and the significant constraints on both their monetary and fiscal policies have prompted new infrastructure investments as a tool to promote economic growth. However, both the critical analysis of the existing academic literature and the...

In the most recent years, the pattern of economic growth of the Italian Mezzogiorno has undergone a significant transformation. Up to the beginning of the 1990s, the whole area was by and large characterised by a single macroeconomic model of income and employment, whose dynamics were strongly...