"Drawing on Kaleckian and Kaldorian approaches, Political Economy of Contemporary Italy: The Economic Crisis and State … ease the crisis. The central thesis of the book is that from the early 1990s Italy experienced a constant reduction of both … consumption. It is also shown that, in these respects, Italy presents an interesting case-study with wider ramifications for 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 Italy's stagnation is due to insufficient liberalization, and …