12th April 2024
“New Frontiers in Risk Management” workshop
Sapienza Università di Roma
“New Frontiers in Risk Management” workshop
Sapienza Università di Roma
Our readers largely know that Italy’s public debt burden is very high, both in absolute terms and in its debt-to-GDP ratio. But this ignores a significant amount of the debt landscape: when private nonfinancial debt is included, Italy doesn’t seem nearly as burdened. To set the stage, we should first take a look at how public debt has evolved over time in the EU.
Prof. Marcello Minenna
The Italian Parliament is still debating whether to ratify reform of the European Stability Mechanism (ESM). These deliberations highlight questions about the institution’s actual usefulness, particularly when public-debt crises hit large countries…
The past few weeks have seen a tightening of the monetary policy stance of world central banks. Despite the prolonged decline in the price of oil and primary food goods, inflation continues to worsen in the core part (net of energy and food)…
Marcello Minenna