Italy's economic stagnation is a matter of fiscal, national, and European concern. Since a good remedy requires an … Italy's recent economic record, the paper reviews three families of explanations: "unwillingness to reform" accounts … this synthesis, the paper argues that Italy's recent stagnation can be traced back to two key moments: first, a failed …

directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state …

to take spatial dependence into account. Using data for Italy for the years 1991 and 2001, we apply exploratory spatial …

’s prosperity. The paper focuses on olitical events in Italy over the past 35 years and asks whether the adoption of the euro in … 1999 has helped insulate Italy’s financial markets from the adverse consequences of its traditionally unstable political … system. We find that important political events have exerted a statistically and economically significant effect on Italy …