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...

Maffeo Pantaleoni’s concepts of “political prices” and “economic prices” explore institutional change and the dynamics of rent-seeking society. He distinguishes between “objective” discriminations, which conform to the reproductive logic of an institution, and those that are...

Maffeo Pantaleoni’s concepts of “political prices” and “economic prices” explore institutional change and the dynamics of rent-seeking society. He distinguishes between “objective” discriminations, which conform to the reproductive logic of an institution, and those that are...

This paper criticizes the idea to conceive the fiscal federalist reform in Italy as a tool to empower central-northern regions to retain resources otherwise wasted in the South. We argue that such a view muddles up efficiency and redistribution issues, thus threatening the legitimate...

This paper outlines the main features of knowledge-based economy in which the dynamics of technology, fueled by the spread of scientific and technological knowledge, are at the center of development processes. All this leads to a qualitative transformation and evolution, but also quantitative,...

The Tenth Annual Report published by "Sos Impresa", an Antiracket Association, notices that the organized crime is ah heavy "ballast" in the Southern Italian Economy: "Mafia Business makes annual revenues for 90 mln €, about the 6% ofItalian GDP". This work presents a reading of the organized...

The paper analyzes the relationship between Italy and the countries that belong to the “Enlarged Mediterranean”, looking to the economic, political and security problems and to the future perspectives. This work seeks to highlight and assess the role of Italy in this strategic region. The...

The paper proposes a new geography of nested economic areas that shape the Italian economy. These economic areas, named economic regions and economic macro-regions, are an upper tier integration of Local Labour Systems (LLS) obtained using a Community Detection algorithm called INFOMAP. This...