Meritocracy, Growth, and Lessons from Italy's Economic Decline

Released on by Lorenzo Codogno
preview-18

  • Meritocracy, Growth, and Lessons from Italy's Economic Decline Book Detail

  • Author : Lorenzo Codogno
  • Release Date : 2022-09-25
  • Publisher : Oxford University Press
  • Genre : Economic development
  • Pages : 273
  • ISBN 13 : 019286680X
  • File Size : 74,74 MB
DOWNLOAD BOOK

Meritocracy, Growth, and Lessons from Italy's Economic Decline by Lorenzo Codogno PDF Summary

Book Description: This book draws lessons on the importance of meritocracy for economic growth by analysing Italy's 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 Italy's 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 Italy's 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 Italy's case can therefore have important international applications.

Disclaimer: www.yourbookbest.com does not own Meritocracy, Growth, and Lessons from Italy's Economic Decline books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Economics of Monetary Unions

The Economics of Monetary Unions

File Size : 76,76 MB
Total View : 406 Views
DOWNLOAD

In this book, a historical analysis of the precedents of the euro is examined within the context of the current issues affecting the Eurozone and the long-term

Global Financial Crisis

Global Financial Crisis

File Size : 30,30 MB
Total View : 8934 Views
DOWNLOAD

Out of the debate over the effectiveness of the policy responses to the 2008 global financial crisis as well as over the innovativeness of global governance com

Germany In An Interconnected World Economy

Germany In An Interconnected World Economy

File Size : 73,73 MB
Total View : 760 Views
DOWNLOAD

Germany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, es