Despite a declining trend in its world export market share since the beginning of the 90s, Italy is still today the world’s 7th exporter and importer, 7th as share of world GDP, 25th in the ranking of world per capita incomes in PPP terms. However Italy’s potential growth of output and...

After a prolonged postwar period of remarkable foreign ownership penetration, in the last two decades Italy lost its high position as a country of destination of worldwide inward FDI. At the beginning of the new millennium, Italy ranks about 13 th regarding the stock, and 21 st regarding the...

A high share of foreign currency denomination of domestic public debt in rules out any recourse to inflation tax as an effective adjustment device. Anti- inflation policies based upon hard peg regimes may remove the exchange rate risk in the short run but - as pointed out by Argentina’s...

The paper starts with a brief recollection of International Labor Office (ILO)’s historical milestones – ILO being the only tripartite international organization with representatives of labour, industry and governments - covering the main Conventions on labour standards (including the four...

This paper studies the effects of foreign participation on economic performance in Lombardy, a Northern Italian region accounting for more than 40% of Foreign Direct Investment inflows in Italy. We employ a large database consisting of balance sheet and foreign ownership information for more...

For more than a decade Europe has been lagging behind the US in growth of aggregate GDP, per capita GDP, productivity, employment, as well as in demographic selection of new firms and in the design of market-friendly regulations. While an increasing trade agglomeration around large "regional"...

This paper has been prepared as a contribution of the Italian Social and Economic Council to the recurrent debate about critical issues on official development assistance, with some specific reference to the Italian position in this area. After some introductory remarks in Section 1, in Section...

As Riccardo Faini wrote in the paper that gave rise to this VII Commission's Working Group, “… today we can see the need for a profound reform of international institutions that eliminate or at least reduce the inequalities that penalize developing countries, one that simultaneously allows...