Our publications aim to provide in-depth information on issues that are at the forefront of the European agenda, including commentary, research, and policy recommendations.

LEAP produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.

Policy Briefs

M. Bik, G. Di Bartolomeo – Structural reforms and Italy’s potential output: A macroeconomic assessment

What would happen to Italy’s GDP if half a million public employees obtained a tertiary degree? If the costs of starti...

June 22, 2023

C. Bastasin – L’economia italiana e l’effetto-fiducia indotto dagli aiuti europei: Il rischio di una ricaduta in assenza di impegni istituzionali del governo

La crescita del Pil italiano è stata rivista nettamente al rialzo nel 2023 dalla Banca d’Italia che a giugno ha più...

June 20, 2023

C. Bastasin: Ukraine’s accession to the EU requires a change in Europe itself

The European Commission is considering launching Ukraine’s accession process to the European Union by the end of 2...

May 25, 2023

C. Bastasin: A first-hand reaction to the new Stability Pact proposed by the European Commission

The regulation proposal presented on April 26, 2023 by the European Commission marks an important step, but by no means ...

April 28, 2023

G. Di Bartolomeo, W. Semmler: Greenhouse gases mitigation: Global externalities and policymakers’ short-termism

The primary cause of global warming is the rise in the concentration of greenhouse gases (GHGs), particularly carbon dio...

April 19, 2023

C. Bastasin: Dalla pace perpetua alla guerra infinita – Lo spostamento a Est dell’Europa, i rischi per l’Italia e la necessità di una “Nuova Maastricht”

L’emergenza strategica ai confini orientali dell’Unione europea, provocata dall’aggressione russa in Ucraina, avr...

March 24, 2023

C. Bastasin: Italy should not underestimate the risk of isolation in Europe

Giorgia Meloni’s electoral victory in September 2022 was largely interpreted as a new expression of the deep-seated an...

February 28, 2023

C. Bastasin: A catch-22 for Eurobonds

The affirmation of a market for Eurobonds, i.e. common debt securities issued by the European Union, has significantly s...

January 30, 2023

C. Bastasin – European fiscal capacity: the example of the German special funds

The debate on the reform of European rules risks neglecting the importance of integrating the rules governing national f...

January 12, 2023

Working Papers

F. Traù: Globalization and History

The Globalization Age is now behind us. It is not a question of the eclipse of an articulated trading system on a global...

June 26, 2023

S. D’Andrea, S. D’Andrea, G. Di Bartolomeo, P. D’Imperio, G. Infantino, M. Meacci – Structural Reforms in the Italian Recovery and Resilience Plan: A macroeconomic assessment of their potential effects

This paper assesses the potential macroeconomic impact of the critical structural reforms designed within the Italian Re...

April 5, 2023

P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Inflation dynamics and monetary policy in the euro area

The surge in inflation rates experienced by the euro area since the beginning of 2021 is rooted in supply shocks that ha...

March 13, 2023

G. Di Bartolomeo, P. D’Imperio: A macroeconomic assessment of the Italian National Recovery and Resilience Plan

This paper aims to assess the macroeconomic and distributional impact of the Italian National Recovery and Resilience Pl...

February 8, 2023

I. Benedetti, G. Guarini, T. Laureti – Digitalization in Europe: a potential driver of energy efficiency for the twin transition

This paper aims to study the impact of digitalization on energy efficiency in Europe, where institutions are committed t...

February 2, 2023

A. Fabrizi, G. Guarini, V. Meliciani – The impact of environmental research networks on green exports: an analysis of a sample of European countries

This paper studies the impact of environmental research networks on green exports by providing a unique contribution to ...

January 9, 2023

F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman – Nearshoring and Farsharing in Europe: implications for employment

This paper documents recent trends in the geographical distribution of value added across Global Value Chains (GVCs) and...

September 27, 2022

P. Canofari, G. Di Bartolomeo, M. Messori: Dancing on the edge of stagflation

The European Central Bank (ECB) is facing a dangerous trade-off between the control of supply-led inflation and the need...

September 20, 2022

L. Ferrari, V. Meliciani – Public Spending for Future Generations: Recent Trends in EU Countries

Public investment, traditionally measured using the so-called gross fixed capital formation (hereinafter, GFCF) of the p...

June 28, 2022

Five Bullets

C. Bastasin: The rationale behind the Italian-German rift

• Acrimony among European states is harsher today than during the euro-crisis a decade ago, jeopardizing the integrity...

March 31, 2020

C. Bastasin: The EU budget’s bad start concerns the euro area as well

• February’s special Council meeting on the 2021-2027 EU budget ended without an agreement. When EU leaders left...

February 28, 2020

C. Bastasin: A Unique Opportunity for New Ideas on EU Fiscal Rules

• On February 5, the European Commission presented the outlines of its review of the euro-area’s fiscal rules. A sim...

February 7, 2020

C. Bastasin: Italy’s debt causes resistance to new “green” fiscal flexibility

• Brussels is about to start a debate on waivers for green investments from the EU’s budget-deficit rules. However, ...

February 5, 2020


• In a strongly worded letter, EU Commissioners Valdis Dombrovskis and Pierre Moscovici have accused Italy of planning...

October 22, 2018


● Italy’s government is not just another populist government, more or less similar to the Greek, the British or even...

October 1, 2018

C. Bastasin: Regarding the Letter of the Eight Finance Ministers

● European ministers of finance discussed the future of the EMU on several occasions over the last couple of months. U...

March 13, 2018


DEUTSCHE BANK’S DIFFICULTIES, which exploded due to a multi-billion dollar fine required by the U.S. Department of Jus...

October 4, 2016


Italy is suffering from isolation in the European Union and the euro area. This goes far beyond anecdotal evidence of Pr...

September 29, 2016


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