In Deutschland wird die gesamtwirtschaftliche Produktion im Jahresdurchschnitt 2005 um 0,8 % zunehmen. Im Laufe des kommenden Jahres dürfte die Ausfuhr wegen der ruhigeren Gangart der Weltkonjunktur etwas an Schwung verlieren, die Binnennachfrage jedoch leicht anziehen. Vor allem die...

Italy’s overall GDP growth has been dismal in recent years and this poor performance has been compounded by a declining trend in labour productivity and total factor productivity growth. This paper looks into growth accounting and structural indicators and analyses Italy’s performance...

In this paper, we investigate possible sources of declining economic growth performance in Italy starting around the middle of the '90s. A long-run data analysis suggests that the poor performance of the Italian economy cannot be ascribed to an unfortunate business cycle contingency. The rest of...

Italy has probably been one of the first ships to cross the storm of the pandemic, soon after Wuhan in China, and one of the worst performers with a GDP fall of -10% in 2020. The reason is that the pandemic recession has drawn on old structural problems, which already before the pandemic made...

In this paper, we investigate possible sources of declining economic growth performance in Italy starting around the middle of the '90s. A long-run data analysis suggests that the poor performance of the Italian economy cannot be ascribed to an unfortunate business cycle contingency. The rest of...