Article originally published in the volume 58 issue 232 of Moneta e Credito, 2005, pp. 109-53.In questo lavoro analizziamo la nuova geografia del sistema bancario italiano che si è determinata in seguito al processo di integrazione delle strutture bancarie negli ultimi anni. L'analisi...

This paper presents two views of the European sovereign debt crisis. The first is that the South in the euro zone has been fiscally irresponsible, and has failed to implement supply-side policies such as liberalizing labor markets and the market for services. The second view holds that the...

The current international monetary system (IMS) is fragile because the dollar standard is rapidly deteriorating. The dual role the dollar as the dominant international money and national money cannot be easily reconciled because the US monetary authorities face a conflict between pursuing...