Market globalization and the stability of financial and credit sectors

Article Abstract:

One of the historical insights that allowed Italy to overcome the aftershocks of the regional financial crisis in Asia and in a limited way, Eastern Europe, is its flexibility in adjusting its economic and political structures to guarantee transparency in its financial markets. This was effected by the simplification of the economic infrastructure, which allowed investors to see the Italian financial market as stable, due to its attributes of transparency, flexibility and simplicity. Given such attributes, investor confidence in the Italian market remains high, which allowed the economy to absorb the inflow of capital brought about by the regional crises.

Administration of General Economic Programs, Intnl Economic Policy, Analysis, International aspects, Investments, International economic relations, Financial markets

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Enhancing European competitiveness

Article Abstract:

Europe's bid to improve its competitive advantage is hampered by underutilization of its productive potential, as gleaned from its high unemployment rate, and the dissociation of economic growth and employment, where economic development is no longer accompanied by rise in employment. The Competitiveness Advisory Group addresses these issues in its work program and identifies sectors showing the greatest potential for enhancing competitive edge, among which are infrastructure, trade and investment. It also urged the implementation of key policy programs.

Planning, Europe, Competition (Economics)

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Price stability and balanced public accounts as a condition for sustainable development

Article Abstract:

Italy has made the necessary economic reforms to make its objectives consistent with the views of the European Union in order to decrease inflation and manage public spending. The government has been aiming since 1992 to become better integrated with the rest of Europe to achieve growth. Italy has successfully initiated reforms in terms of budget, income, and monetary policies, which have led to an estimated 1.2% growth in Gross Domestic Product for 1997.

Sustainable development

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