In this paper I examine the Italian regional policies launched in the second half of the 1990s. In evaluating the discrepancy between targets and results I argue that the failure of regional policies is a facet of the more general failure of Italian economic policies in the last fifteen years....

In this paper we estimate the current account of the balance of payments of Italy�s Southern and Northern regions for the period 1998-2000. In our scheme the General Government is considered as a non-resident institution; fiscal revenues and expenditure generate credits and debts in the...