On Indus News I said that “People in government don’t understand exponential dynamics” and expressed my concern for the tourism, fashion and of course manufacturing.
On Indus News: “Do politicians understand exponential dynamics?”
Latest News
Approving changes to ESM would cost Italy money, even if we don’t access it
(Il Sole 24 Ore Radiocor Plus) – Milan, 17 April – Prime Minister Giuseppe Conte says not to worry...
Prof Geraci on BBC World: “When the EU wants to prove its value, it needs to do something that, countries alone cannot do by themselves”
Prof Geraci on BBC World: “When the EU wants to prove its value, it needs to do something that, countries alone cannot do by themselves”
The Income polarisation myth? Even worse!
The polarization theory says that wage growth occurs both for the highest and lowest income brackets, but with the...
EU-UK Trade Negotiations: let the dance begin
The Financial Times today comments on the difficult beginning, or re-start, of the negotiations between the UK and the European Union in anticipation of the Brexit, in this article. Here are my comments:
My Speech at China Outlook Conference of the European Chamber of Commerce
Today my speech at the China Outlook 2020 Conference of the European Chamber of Commerce in Shanghai. We talked about China’s economic outlook, trade war and business prospects. Here are my six bullets:
Italy and China manufacturing have a high degree of overlap, 60%. What to do?
During the China International Import Expo 2019 in Shanghai, I talked about the Italy and China trade relationship on Caixin one of the leading media in China. Here are my key points for the interview: 1) Although Italy and China manufacturing overlap with a high degree of 60%, more cooperation of the complementary 40% will bring opportunities in trade; 2) Chinese companies should do more greenfield investment in Italy to balance the nature of investment flows, which is skewed too much towards M&A. 3) Focus on cross-cultural exchanges. Language and cultural barrier causes cognitive barriers between Italy and China which then lead to missing business opportunities. More knowledge means lower risks and higher propensity to invest. After all, Italia and Chinese culture are very similar, especially with Southern Italy (Trust me on this!)
Italian Exports grew by 8% in May for a cumulative growth of 4% during the first 5 months of 2019
Export of our Made in Italy is confirmed as driving force of our economy. Representing about one third of the country’s GDP, every 1% of export growth translates into 0.3% growth in Italy’s overall GDP. In line with our strategy “Protection of Key Countries and Promotion of Emerging Countries”, a major push came from non-EU countries, where we have concentrated our institutional trips. Great performance of our export in the United States, from where we have just returned.