Europe: Facts & Docs
C. Bastasin: Secular Divergence - Explaining Nationalism in Europe
C. Bastasin: The economic consequences of Italian political isolation
L. Bini Smaghi: What Future for the European Banking System?
S. Micossi - Testing the EU Framework for the Recovery and Resolution of Banks: the Italian Experience
A. Leipold - Not Seeing the 50% for the 2.04%. A Missing Piece of EU Economic Governance: The Quality of Public Finance
Three (invisible) risks in Europe – Lucrezia Reichlin – Corriere della Sera
The article presents an overview of today’s decelerating world economy, draws parallels between a potential recession in the future and the one engendered by the Lehman Brothers’ bankruptcy, and lists the risks that indebted European economies would face...
Why EU budget rules are necessary – Massimo Bordignon – Il Sole 24 Ore
The article explains that since a monetary union creates solid and increasing interdependence between member states, it is essential to have common fiscal rules that would prevent an economic crisis in one country from spreading to others. Click here to...
“An infringement procedure would be madness” – Interview with Jean-Paul Fitoussi – Formiche
The French economist speaks about the EU’s potential infringement procedure against Italy, the consequences of the flat tax, the unrealistic minibots and Trump’s view of Europe and China. Click here to read the article in Italian.
The flat tax lacks fairness and efficiency – Claudio De Vincenti – Il Sole 24 Ore
The author believes that the flat tax being championed by the current Italian government has nothing to do with the reduction of the personal income tax and that progress could be better achieved by concentrating on social justice and economic efficiency...
Risk Sharing Plus Market Discipline: A New Paradigm for Euro Area Reform? A Debate - Jean Pisani-Ferry, Jeromin Zettelmeyer - VOX CEPR Policy Portal
The publication in 2017 of joint proposals for reforming the euro area by a group of seven French and seven German economists triggered a considerable debate on Vox. This volume offers a selection of the contributions to this debate together with a...
The future of the European Monetary Union in the light of the results of the European elections - a presentation by Stefano Micossi - 2019 ICSA meeting, Milan
The presentation addresses the issues that the EU still has to resolve in order to complete the European Monetary Union. Click on the PDF file below to see the slides.