CALENDAR
Week 1
Italian economic history: the long view
Emanuele Felice and Giovanni Vecchi, ‘Italy’s Modern Economic Growth, 1861–2011’, Enterprise & Society, 16:2, 2015, pp. 225-248, doi:10.1017/eso.2014.23
OR Paolo Malanima and Vera Zamagni, ‘150 years of the Italian economy, 1861–2010’, Journal of Modern Italian Studies, 15:1, 2010, pp. 1-20, doi:10.1080/13545710903465507
Italy: 150 years as a case study
Marcello De Cecco, ‘The Italian Economy Seen from Abroad over 150 Years’, Bank of Italy Economic History Working Paper, 21, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0021/qse-21.pdf?language_id=1
Week 2
Pre-modern Italy: a slow decline
Paolo Malanima, "The Italian Economy Before Unification, 1300–1861." Oxford Research Encyclopedia of Economics and Finance. April 30, 2020. Oxford University Press. Available at https://oxfordre.com/economics/view/10.1093/acrefore/9780190625979.001.0001/acrefore-9780190625979-e-536
AND Carlo Maria Cipolla. "The decline of Italy: the case of a fully matured economy." The Economic History Review 5.2 (1952): 178-187 (optional)
The sources of modern Italian growth
Claire Giordano, Gianni Toniolo and Francersco Zollino ‘Long run trends in Italian productivity’, Bank of Italy Questioni di Economia e Finanza, 20, 2011. Available at https://www.bancaditalia.it/pubblicazioni/qef/2017-0406/QEF_406.pdf?language_id=1
Week 3
Inequality and well-being in Italy
Giovanni Vecchi and Andrea Brandolini. ‘The Well Being of Italians: a Comparative Historical Approach, Bank of Italy Economic History Working Papers, 19, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0019/QSEn_19.pdf?language_id=1
Regional divergence and the Southern question
Emanuele Felice. ‘The roots of a dual equilibrium: GDP, productivity, and structural change in the Italian regions in the long run (1871–2011)’, Bank of Italy Economic History Working Papers, 40, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2017-0040/QSE-40.pdf?language_id=1
AND John Helliwell and Robert Putnam, ‘Economic Growth and Social Capital in Italy’, Eastern Economic Journal, 21:3, 1995, pp. 295-307 (optional)
The structure of Italian firms and the business history of Italy
Franco Amatori, Matteo Bugamelli and Andrea Colli. ‘Italian Firms in History: Size, Technology and Entrepreneurship’, Bank of Italy Economic History Working Papers, 13, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0013/QSEn_13.pdf?language_id=1
Week 4
The rise and decline of state-owned enterprises in Italy
Pierangelo Toninelli and Michelangelo Vasta. ‘State owned enterprises (1936-1983)’, in Andrea Colli and Michelangelo Vasta (eds.). Forms of enterprise in 20th century Italy: Boundaries, structures and strategies, Edward Elgar Publishing, Cheltenham, 2010, pp. 52-87
AND/OR Patrizio Bianchi. ‘The IRI in Italy: Strategic role and political constraints’, West European Politics, 10:2, 1986, pp. 269-290 ()
Innovation and economic growth in Italy
Federico Barbiellini Amidei, John Cantwell and Anna Spadavecchia. ‘innovation and foreign technology in Italy, 1861-2011’, Bank of Italy Economic History Working Papers, 7, 2011, pp. 5-33 and 40-45. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0007/qsen_07.pdf?language_id=1
Education and human capital
Giuseppe Bertola and Paolo Sestito. ‘A Comparative Perspective on Italy’s Human Capital Accumulation’, Bank of Italy Econonic History Working Papers, 6, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0006/Qse_06.pdf?language_id=1
Week 5
Italy and the global market
Giovanni Federico and Nikolaus Wolf. ‘Comparative Advantages in Italy: a long-run perspective’, Bank of Italy Economic History Working Papers, 9, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0009/QSEn_09.pdf?language_id=1
Italian migrations: from emigration to immigration
Matteo Gomellini and Cormac O’Grada, ‘Outward and Inward Migrations in Italy: A Historical Perspective’, Bank of Italy Economic History Working Paper, 8, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0008/QESn_08.pdf?language_id=1
Week 6
Midterm exam
The burdens of the administrative system
Magda Bianco and Giulio Napolitano. ‘The Italian Administrative System: Why a Source of Competitive Disadvantage?’, Bank of Italy Economic History Working Paper, 24, 2011. Available at https://www.bancaditalia.it/pubblicazioni/quaderni-storia/2011-0024/Quaderno-storiae-conomica-24.pdf?language_id=1
Week 7
The peculiarities of the Italian welfare state
Maurizio Ferrera, Matteo Jeossula and Valeria Fargion, ‘At the roots of the unbalanced Italian welfare state’, Paper prepared for the seminar organized by Banca d’Italia Area – Ricerca Economica e Relazioni Internazionali, March 2013. Available at athttps://www.bancaditalia.it/pubblicazioni/altri-atti-seminari/2013/paper-Ferrera.pdf
OR Chiara Saraceno, ‘The Ambivalent Familism of the Italian Welfare State’, Social Politics: International Studies in Gender, State & Society, 1:1, 1994, pp. 60–82. Available at https://www.researchgate.net/profile/Chiara_Saraceno/publication/249289745_The_Ambivalent_Familism_of_the_Italian_Welfare_State/links/568784d808aebccc4e151550.pdf
Industrial relations: between conflict and consensus.
Lucio Baccaro and Valeria Pulignano, ‘Employment relations in Italy’, in Greg J. Bamber, Russell D. Lansbury, Nick Wailes and Chris F. Wright (eds.), International and comparative employment relations, Sage, London, 2011, pp. 138-168 (Moodle). Draft paper version available at https://pdfs.semanticscholar.org/74b4/5e01d1bee6f4a71cd3f31ed642044787f064.pdf?_ga=2.83725854.942978748.1565520597-1968628081.1565520597
Week 8
The Italian public debt
Bartoletto, Silvana, Bruno Chiarini, and Elisabetta Marzano. "Is the Italian public debt really unsustainable? An historical comparison (1861-2010)." (2013). Available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2251792
The European Monetary Union
Sylvester Eijffinger and Jakob de Haan. European Monetary and Fiscal Policy, Oxford University Press, New York, 2000, pp. 3-31
Available at https://ideas.repec.org/p/tiu/tiutis/a056022b-c6b1-4c89-bcd5-309377a399aa.html
Rescued by Europe? The politics of the stability and Growth Pact
Maurizio Ferrera and Elisabetta Gualmini, Rescued by Europe? Social and Labour Market Reforms in Italy from Maastricht to Berlusconi, Amsterdam University Press, Amsterdam, 2004, pp 9-31
Week 9
Reforming the Italian economy: labor market deregulation and business privatization
Paolo Barbieri, Stefani Scherer, ‘Labour Market Flexibilization and its Consequences in Italy’, European Sociological Review, 25: 6, December 2009, Pages 677–692
AND Andrea Goldstein, ‘Privatization in Italy 1993 – 2002: Goals, Institutions, Outcomes, and Outstanding Issues’, CESifo Working Paper Series, 912, 2003. Available at SSRN: https://ssrn.com/abstract=396324
The impact of the 2008 financial crisis in Italy
Hanan Morsy and Silvia Sgherri, ‘After the crisis: assessing the damage in Italy’, International Monetary Fund Working paper, WP/10/244, October 2010. Available at: https://www.imf.org/external/pubs/ft/wp/2010/wp10244.pdf
AND Elisa Borghi, European Economic and Social Committee, The impact of anti-crisis measures and the social and employment situation: Italy study, European Union, 2013. Available at: https://www.eesc.europa.eu/sites/default/files/resources/docs/qe-32-12-542-en-c.pdf
Week 10
Italy in the European sovereign debt crisis
Philip R. Lane, ‘The European Sovereign Debt Crisis’, Journal of Economic Perspectives, 26:3, pp. 2014, pp. 49-68
AND Jonathan Hopkin, ‘A slow fuse: Italy and the EU debt crisis’, The international spectator 47:4, 2012, pp. 35-48.
The reform of the Italian welfare state
Stefano Sacchi (2018) The Italian Welfare State in the Crisis: Learning to Adjust?, South European Society and Politics, 23:1, 29-46
AND Maria Moschella, ‘Italy and the Fiscal Compact: Why does a country commit to permanent austerity?’ Rivista Italiana Di Scienza Politica, 47:2, 2017, 205-225. Doi:10.1017/ipo.2017.7 (optional)
Week 11
The Corona Shock
Reading to be selected from the most recent Economic Bulletins of the Bank of Italy closer to the day of the class.
Week 12
Student presentation
Revision class