The Italian economic crisis and the proposal of the state as innovator of first resort

This paper deals with the long Italian economic crisis after the so-called “economic miracle”. The article reconstructs Italy's economic history and policies implemented from the 1970s until 2008, and then shows the effects of the 2008 crisis on the Italian economy. It critically discusses the...

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Detalles Bibliográficos
Autores: Davanzati, Guglielmo Forges, Giangrande, Nicolò
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:Brasil
Institución:Universidade Estadual de Campinas (Unicamp)
Repositorio:Revista Brasileira de Economia Social e do Trabalho
Idioma:portugués
OAI Identifier:oai:inpec.econtents.bc.unicamp.br:article/12657
Acceso en línea:https://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12657
Access Level:acceso abierto
Palabra clave:Itália
Crise econômica
Políticas trabalhistas
Negociação coletiva
Políticas industrias.
Italia
Crisis económica
Políticas laborales
Negociación colectiva
Políticas industriales.
Italy
Economic crisis
Labour policies
Collective bargaining
Industrial policies.
L'Italie
Crise économique
Politiques du travail
Négociation collective
Politiques industrielles.
Descripción
Sumario:This paper deals with the long Italian economic crisis after the so-called “economic miracle”. The article reconstructs Italy's economic history and policies implemented from the 1970s until 2008, and then shows the effects of the 2008 crisis on the Italian economy. It critically discusses the policies implemented to address the crisis, in particular labour policies such as wage moderation, the weakening of collective bargaining and the deskilling labour supply, achieved also through continued fund reductions for public universities and research. Moreover, it analyses the dynamics of labour force and wages from 2008 to 2018. Taking into account the long economic stagnation and the current Italian productive structure, it concludes that Italy needs to rethink its industrial policies, considering the State as the innovator of first resort.