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All items tagged ItalyOpen Think Tank ArticlesJuly 19, 2011 | EU Crisis: Return to the Language of TruthHans F. Bellstedt: Joschka Fischer’s call for “greater European political unification” will not help solve the EU’s ongoing debt crisis. The only way to regain the public’s trust and restore financial markets is strict fiscal austerity as a prerequisite for future sustainable growth. ... MoreFebruary 21, 2011 | Italian Fascism: Anglo-American Perspectives, 1943 - 1945Oreste Foppiani: This new book takes an in depth look at the the Allies relations with the northern territory of Italy, the Italian Social Republic, under the control of the German and Italian fascists during World War II; supporting the “pragmatic diplomacy” of the west, at a time when Allied troops occupied the country. ... MoreFebruary 17, 2010 | The Euro's Final Countdown?Sylvester Eijffinger and Edin Mujagic: The euro is currently dividing the euro zone more than uniting it. The “One size fits all” policy increased tensions both internally with inflation and externally as a rebuffed currency. The 10 year-old euro is far from holding its promises. ... MoreFebruary 12, 2010 | Is Greece the New Lehman Brothers?Joerg Wolf: How should the euro zone members deal with the PIIGS? Portugal, Ireland, Italy, Greece and Spain have big budget deficits and other economic problems that lead to speculation against the euro. How serious is it? What should be done? ... MoreDecember 15, 2009 | Rome in the RanksDonatella Scatamacchia: Of the 7,000 NATO soldiers that will support the US surge in Afghanistan, the highest contingent will be sent by the Italian Government. With this decision Rome confirms its own support for the transatlantic alliance, and underscores Italy’s important role in international security. ... MoreSeptember 22, 2008 | Italy's New Role as a Major Transatlantic PartnerOreste Foppiani: Italian Prime Minister Berlusconi is changing Mediterranean politics, bringing new importance to Italy’s role in the EU as well as its role in the world. This could bring great changes to the plans of the European Armed Forces and global security issues. ... MoreGlobal Must Read ArticlesNovember 8, 2011 | "Credibility" Gap in Merkozy's Eurozone StrategyMerkel and Sarkozy’s shifting strategy on the Euro crisis is undermining the credibility of the EU and hurting investment. ++ Suddenly introducing foreign exchange risk to the Eurozone has frightened the very market forces needed to rescue debt-ridden Greece and Italy. ++ This has created a vicious circle of political instability which further harms investment. ++ If it is to survive, the ... MoreOctober 27, 2011 | Eurozone Summit Fails to Address UnemploymentAs Eurozone leaders agreed to continue with austerity and forced the banks to write off 50 percent of Greece’s debt, the effect of these measures will hardly be felt by Southern European countries plagued by unemployment. ++ Medium and small businesses are teetering on the edge of bankruptcy resulting in massive layoffs and a drastic drop in productivity. ++ Bailouts and austerity measures may ... MoreOctober 26, 2011 | More Productivity, Less Austerity Will Save EuropeThe lack of a common fiscal policy is what allowed the Eurozone debacle to occur. ++ Europe has at the same time experienced extremely low levels of growth compared to the US and emerging markets, forcing it to accrue debt to prevent living standards from deteriorating. ++ Germany’s austerity plan will do little to stimulate growth in Southern Europe. ++ Europe requires wide-reaching structural ... MoreSeptember 2, 2011 | Eurozone Success is Up to GermanyGermany faces a choice in the eurozone crisis: allow the creation of a full-blown debt union, or let the euro fail. ++ Berlin has benefitted hugely from the currency union, with the economic surge of the last decade attributable largely to exports to other eurozone countries. But there is also much skepticism about the “morality” of bailing out Southern European countries. ++ The ... MoreAugust 8, 2011 | Doomed to an Economic Double-Dip?The world economy risks a double-dip, a second severe recession, thanks to an EU debt crisis, fiscal instability in the US, and slow manufacturing seemingly everywhere else. Policy makers are quickly running out of options to trigger recovery. ++ Now, economies that still have market access should “introduce new short-term fiscal stimulus while committing to medium-term fiscal ... MoreJuly 22, 2011 | Europe Must Share the Debt BurdenThursday’s emergency EU summit created an immediate rescue package for Greece and a sliver of hope for Italy and Spain, but the euro’s stability in the long run depends on the taxpayers. ++ The heavily devalued national bonds of indebted states should be replaced by collective eurobonds, backed by all eurozone governments, to stabilize and attract investment. ++ This is unpopular ... MoreJuly 21, 2011 | Amid Famine, Somalia Requires Immediate HelpMore than 10 million people in the Horn of Africa are “in urgent need of food, water and emergency health care” as the UN declared a famine in southern Somalia. ++ Previous warnings by the UN about a drought and impending food crisis in the region have gone mostly unheeded. Britain has pledged $84 million to support drought victims, but other Europeans, such as Italy which mustered ... MoreJuly 18, 2011 | Merkel a "First-Class Passenger on the Titanic"EU politicians, led by Germany’s Angela Merkel, have been too slow to realize that the eurozone crisis is the fault not of any single state, but of “a monetary union that refuses to be a fiscal union.” ++ Now, market attention shifts to indebted Italy, whose economy is buckling under high interest rates. ++ EU leaders must respond to this crisis by introducing a eurozone bond to ... MoreJuly 31, 2009 | Why the EU Fails in a Multipolar WorldThe financial crisis evoked the necessity of a rebalancing of the global power equilibrium and of Europe’s status in it. ++ “Nowadays, there is both too much and too little Europe”. ++ While European countries are overrepresented in the world’s premier forums, Europe lacks influence, because of its heterogeneity. ++ “The absurdity of Italy’s presence in the ... MoreJuly 9, 2009 | Obama Is G-8's Great White HopeExpectations are low for the next G-8 meeting, due to “inexcusably lax planning by the host government, Italy, and the political weakness of many of the leaders attending.” ++ If this session is going to justify the time and effort, President Obama will have to lead the way. ++ He did not press hard at the last summit for the sake of international unity, but now he must remind the ... MoreFebruary 25, 2009 | Berlusconi and Sarkozy: More Than Energy FriendsBerlusconi and Sarkozy have signed an agreement to increase cooperation over nuclear energy and enhance collaboration in related sectors. ++ Yet the get-together turned out to be a compliment race more than an energy agreement. ++ The two leaders extensively commented on their respective successes in dealing with domestic and foreign policy issues, albeit with poor empirical evidence. ++ ... MoreJanuary 28, 2009 | Mediterranean: Beware of the New Social BrigadesThe Red Brigades, a communist inspired terrorist group which emerged in Italy in the 70s, have been substituted by new social brigades (NSB), a different name but no less nocuous. ++ Deprived of a strong political culture, NSB take advantage of social malaise to recruit followers. ++ The economic crisis provides conducive conditions for this new group to flourish; the most exposed countries are ... MoreNovember 21, 2007 | Alarm is Growing About Rising Food PricesAs the prices of basic food staples soar, the world’s poor are getting ever-hungrier and increasingly vulnerable. Furthermore, the World Food Program (WFP) is experiencing exponential growth in expenditures, informs the Economist. While 850 million people go critically hungry daily in poor countries, the rich world is concerned about 1.1 billion obese and higher incidence of cardio-vascular ... MoreCommentsApril 29, 2011 | Mr. McGivern, thank you for highlighting an...January 16, 2009 | Dear Signore Foppiani, Thank you for your... |
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