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Italy's Decline: A Political Economy Perspective

Published online by Cambridge University Press:  22 September 2021

Igor Guardiancich*
Affiliation:
Scienze Politiche, Giuridiche e Studi Internazionali (SPGI), Università degli studi di Padova, via del Santo 28, 35123 Padova, Italy
*
Corresponding author. Email: igor.guardiancich@unipd.it
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Extract

International observers have not been kind to Italy during the past two decades. The International Monetary Fund (IMF, 2016) wrote about the country's two lost decades, the Economist (19 May 2005) described it as the real sick man of Europe and eminent economists, such as Bruno Pellegrino and Luigi Zingales (Pellegrino and Zingales, 2017), tried to diagnose the Italian disease. Italy's GDP has barely grown since the mid-1990s and the past decade was the worst in the history of its economy, world wars included.

Type
Review Article
Copyright
Copyright © The Author(s), 2021. Published by Cambridge University Press on behalf of the Società Italiana di Scienza Politica

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References

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