Meritocracy, Growth, and Lessons from Italy's Economic Decline: Lobbies (and Ide

Description: Meritocracy, Growth, and Lessons from Italy's Economic Decline by Lorenzo Codogno, Giampaolo Galli Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Italys recent economic decline presents many lessons on the importance of meritocracy for economic growth. Connections, rather than merit, are a long-standing feature of the Italian elites. This book uses international comparisons on social capital, governance, education, corporate standards, and more to evaluate Italys economic performance. Publisher Description This book draws lessons on the importance of meritocracy for economic growth by analysing Italys economic decline in the past few decades. Connections, rather than merit, are a long-standing feature of the Italian elites, even in the corporate sector. This became a significant problem when Italys economy could no longer grow due to imitation, devaluation, and public debt, and faced the challenges of becoming a frontier knowledge-based open economy. This book uses international comparisons on social capital, governance, the role of the public sector, efficiency of the judiciary, education, gender and social inequality, social mobility, corporate standards, financial structures, and more to evaluate Italys economic performance. It argues that the arrogance of mediocracy is more damaging than that of meritocracy.Italy experienced an economic miracle after the Second World War, and it is still an advanced economy and a member of the G7. Until the 1960s it seemed destined to catch up with the best-performing countries. Then the growth engine stopped, its debt skyrocketed, and Italy became a weaker member of the Eurozone. Many other countries in the world have heavy historical legacies and low social capital, and many others have to make the jump from imitation led growth to endogenous growth. The lessons drawn from studying Italys case can therefore have important international applications. Author Biography Lorenzo Codogno is a Visiting Professor in Practice at the London School of Economics and Political Science, Visiting Professor at the College of Europe, Bruges, and Senior Fellow at the LUISS School of European Political Economy, Rome. He is also founder and chief economist of Lorenzo Codogno Macro Advisors Ltd. He was chief economist and director-general at the Italian Ministry of Economy and Finance 2006-2015. He joined the Ministry from Bank of America, where he was managing director, senior economist, and co-head of European Economics, based in London over the previous eleven years.Giampaolo Galli is a senior fellow of the Observatory on Italian Public Accounts at Università Cattolica del Sacro Cuore, where he teaches Macroeconomics. He is also senior fellow of LUISS School of European Political Economy. From 1979 to 1995 he worked at the Research Department of the Bank of Italy; he then became chief economist and general director of the Confederation of Italian Industry. From 2001 to 2009 he was general director of the Association of Insurance Companies. In 2013 he was elected a member of the Italian Parliament (independent in the lists of the Democratic Party). He has been a consultant to the President of the European Commission and to the Economic and Monetary Committee of the European Parliament. Details ISBN 019286680X ISBN-13 9780192866806 Title Meritocracy, Growth, and Lessons from Italy's Economic Decline Author Lorenzo Codogno, Giampaolo Galli Format Hardcover Year 2022 Pages 272 Publisher Oxford University Press GE_Item_ID:158605353; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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