M. Messori: Monetary policy and central fiscal capacity in the euro area

The new inflationary peaks reached in the Euro Area (EA) last summer have led the European Central Bank (ECB) to strengt...

October 21, 2022

C. Bastasin: What the European Commission says to Budapest should be heard in Rome too

Under the pressure of the European Parliament, on September 18 the European Commission finally proposed the application ...

September 28, 2022

I. Angeloni, C. Bastasin, L. Bini Smaghi, V. Meliciani, S. Micossi, P. C. Padoan, P. Parascandolo: La crisi del gas rafforza l’esigenza di politiche economiche in linea con le raccomandazioni europee

Dopo la ragguardevole crescita del Prodotto interno lordo ottenuta grazie anche all’azione di politica economica del g...

August 29, 2022

L. Bini Smaghi: Scudo anti-spread e politica monetaria

Che differenza c’è tra lo scudo anti-spread varato dieci anni fa, dopo il famoso “Whatever it takes” pronunciato ...

August 2, 2022

C. Bastasin: Draghi’s resignation and a new – more clever – Fiscal Compact

Italy’s political instability resurfaced on July 14 when Prime Minister Mario Draghi presented his resignation to the ...

July 18, 2022

C. De Vincenti – Green Investments: Two Possible Interpretations of the “Do No Significant Harm” Principle

The concrete implementation of the Next Generation EU strategy and the recent emergence of energy security problem have ...

July 11, 2022

C. Bastasin: Europe cannot be strong if fragmentation risks linger in the euro area

Officially, the fragmentation risks of the euro area – or the extreme divergence of financial conditions in member sta...

June 15, 2022

F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman: Nearshoring and Farsharing in Europe within the Global Economy

Has the world economy really entered a phase of de-globalisation or deceleration in globalisation after the great recess...

June 10, 2022

C. Bastasin: Europe should not encourage the “China vs the US” bipolarity

Deglobalization does not forcedly mean less multilateralism. This is how Europe should think about the likely coming bip...

May 10, 2022

S. Caravella, F. Crespi, G. Cucignatto, D. Guarascio – Technological Sovereignty and Strategic Dependencies: The case of the Photovoltaic Supply Chain

This work sheds new light on the Photovoltaic Supply Chain (PVSC), providing fresh evidence on structural dependencies (...

October 5, 2023

P. Canofari, G. Di Bartolomeo, M. Messori: An effective policy mix for the EU’s post-pandemic challenges

The geopolitical and economic shocks, due to the Covid-19 pandemic and the war in Ukraine, represent a structural shift ...

September 20, 2023

F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman: Nearshoring, global value chains structure and volatility

Over the past few years, the debate on GVCs and their role in economic growth has gained significant traction with the e...

September 19, 2023

C. Bastasin: The EU must have more financial and political capacities if it wants to make space for Ukraine

On December 16, 2023, the European Council is expected to formally kick off the accession negotiations with Kyiv, follow...

July 25, 2023

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