Has the strategy of the "external constraint" (voluntarily limiting the country's policy-making discretion by tying it to the European mast) contributed to Italy's stagnation over the past twenty-five years? The existing literature is divided on this question. The dominant interpretation is that...

The International Institute for Labour Studies, a research arm of the International Labour Organization (ILO), is to launch its fourth report in the series "Studies on Growth with Equity" in Madrid on Monday, 27 June, 2011. The new study "Spain: Quality Jobs for a New Economy" takes an in-depth...