The severe crises within the Eurozone, which began in 2009, had (and still have) at least two main aspects. One is the problem of sovereign bonds issued by peripheral Euro-States. The other is the fall in the rate of growth of the Eurozone. Among the many proposals and political choices made to...

The research focuses on project bonds in Italy. Project bonds are issued to finance infrastructures and public works. This financial instrument, extensively debated in Italy and in Europe, seems designed to attract private investment and to ensure financing costs lower than bank loans....

This book is a collection of select works presented (in a rather informal editing) at the 28th Congress of the International Confederation of Mutual Banks held in Marrakesh on 21-23 October 2012 and is the result of the collaboration between Center for Research in Economic Analysis (CRANEC) of...

The present work is composed of two closely connected and complementary sections. The first one sets the framework and looks at the juridical side of the legislative evolution about “Provinces”, thus considering its main critical points. The more financial and fiscal second section deals...

Golf played by country residents is and golf tourism are widely increasing. In particular, golf tourism is getting increasingly important as compared to the other forms of tourism. The golf tourist has a high income, is more educated and environmentally conscious than the other classes of...

T The objective of this contribution is to evaluate the performance and build up a profile of Italian medium-size and medium large multinationals who represent the "fourth capitalism”. In fact, the companies' “fourth capitalism" is the set of medium and medium-large enterprises who seem to...

The first part of the article deals with the artistic ceramics sector, and it shows that the performance of firms in Sicilian “ceramics’ cities” is modest, if compared to Central and North-East Italian districts. This is due to the small dimension of Sicilian firms, and to their...

In the protected area of the Etna territory, of remarkable dimension and which dominates the pedemountain belt, environmental resources have clearly a leading importance. The agriculture and food as well as the tourist sectors, managed according to eco-friendly and product differentiation...

Sicily is a region lagging in development because it still shows a large gap in terms of income per capita with the Centre-North and with the average income per capita of the European Union. The region, however, have an entrepreneurial tradition that has been consolidated in agriculture and...

The essay aims at arguing that investing in knowledge is one of the main cause of the deep transformations in the structure of modern economies and also a strategic engine for the long run growth. In the recent years a clear long-standing trend in the OECD area have emerged, which is reflected...