The Political Economy of Italy's Decline
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Product details:
- Publisher OUP Oxford
- Date of Publication 15 June 2020
- ISBN 9780198866626
- Binding Paperback
- No. of pages312 pages
- Size 232x155x17 mm
- Weight 474 g
- Language English
- Illustrations 12 figures 12
Categories
Short description:
Italy is a country of recent decline and long-standing idiosyncratic traits- a rich society where the rule of law is weak and political accountability is low. This book draws on political economic literature and historical analysis to argue that a battle of ideas can ease the shift to a fairer and more efficient equilibrium.
MoreLong description:
Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy , where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system.
Review from previous edition Capussela's book is a must-read for those who see to understand Italy's decline[and] will find an intelligent and passionate guide to a country whose fate will reverberate far beyond its borders.
Table of Contents:
Introduction: Italy's decline, the existing interpretations, and our hypothesis
The conceptual framework: growth, institutions, and social orders
The conceptual framework: collective action, trust, culture, and ideas
Vicious circles and multiple equilibria: the spiral
Italy's social order between unification and Fascism
The formation of the republican institutions
The 'economic miracle' and an ambitious reform programme
Continuity and instability: the spiral sets in
The last four decades: the spiral unperturbed, halted, resumed
Conclusions
