This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina’s defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe. The book pursues three major objectives: firstly, to...

This paper addresses several key issues regarding the recent Great Crisis 2007-2009. The;main ones are: was the financial crisis predictable by standard economic models? If not, are these models lacking of forecasting capabilities, or it is not a task of economic models to predict external events...

After a review of the foreign direct investment (FDI) literature, and after the analysis of some recent European experiences (Spain, Ireland) of quick economic development sustained from abroad, the paper suggests that a specific fiscal policy can be applied to the South of Italy, in order to...