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Editorial - Il Sole 24 Ore - C. Bastasin, G. Toniolo: Esm e avanzo primario per ridurre il debito

January 25, 2018 - Il Sole 24 Ore published an editorial by SEP Scientific Council members Carlo Bastasin and Gianni Toniolo. In this article, they argue that new ideas are needed in order to shrink the public debt in problematic member states, such as Italy, that have consistently been above the desired debt to GDP ratio. Together with SEP Director Marcello Messori, they have produced a proposal that could realistically achieve this by exploiting the national, internal political dynamics of the state so that they actually work in the favor of debt discipline.

Click HERE to view the article (in Italian).