In this paper we briefly review the evolution of the Italian economy in the post-war period, discussing the shift from a first period when fiscal policy was targeted - among other things - at full employment, to a later period when controlling inflation through a "foreign discipline" became the...

Though recent market activity and housing reports give some warrant for optimism, United States economic growth was only 2.2 percent in the third quarter, and the unemployment rate is still very high. In this new Strategic Analysis, we project that high unemployment will continue to be a problem...