This paper describes the functioning of a currency board within the socio-economic context in which it operates. Special focus is given to the macroeconomic implications of a currency board system compared to a central bank system. In particular the author describes the principles regulating a...

The report presents the results of the survey on R&D resources available on 2002. The annual enquiry surveys both the R&D appropriations in the Government budgets and the personnel engaged in research activity. Information and data are inserted in the database SINCR, which has been created for...

COMPATIBILITY BETWEEN THE OBJECTIVES OF GROWTH AND OF COHESION IN THE E.U. POLICIES The main objective pursued by European Union through the Europe 2020 Strategy is the smart, sustainable and inclusive growth of its Member Countries, whereas social cohesion is one of the three objectives set by...

Italian Abstract: Il contesto economico e sociale in cui viviamo è in continuo cambiamento sottoposto a continue prove di forza che hanno caratterizzato le economie nazionali ed internazionali degli ultimi anni, connotati da una forte regressione economica, che ha però registrato un trend di...

Italian Abstract: In questo scritto si commenta la pronuncia della Corte di giustizia dell’Unione europea (in seguito ‘CGUE’ o la ‘Corte’), prima sezione, del 20 gennaio 2021 relativa al caso Lexel AB (nel prosieguo ‘Lexel’). Questa sentenza è stata emessa senza le conclusioni...

The paper outlines the main current issues concerning Public Finance in Italy. It is divided in three parts. The first part discusses the overall budget policy. Italy is in need to support the recovery from economic crisis, however budget action is limited by European constraints. Different way...

La crisi economica globale che si è manifestata nel 2008 ha avuto un effetto negativo molto pesante per l’Europa e l’Italia in particolare. Essa si è rivelata la più profonda della storia economica recente. Il PIL nell’Unione Europea ha subito una contrazione di oltre il 5 per cento...

The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...