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We present the current Italian economic crisis as a phase of a major systemic decline. We argue that “Italy’s system” has forced the country to abandon a “dynamic” view of comparative advantage, crucial for sustained economic growth, in favour of a “static” view of specialization....
Persistent link: https://www.econbiz.de/10011272898
The Italian university system is in a profound and dangerous crisis. The below par performance of Italian universities is compared with the increasingly successful accomplishments of Canadian Universities. The paper identifies the major source of this performance differential in the hiring and...
Persistent link: https://www.econbiz.de/10008475714
In this paper we present the current crisis of the Italian economy as a phase of a major systemic decline. The social political system has led to a framework that has violated the fundamentals of sustained economic growth. An unhealthy implicit contract between the social-political elites and...
Persistent link: https://www.econbiz.de/10010743534