Social Issues

L’Italia oggi deve affrontare tre sfide: 1) Gestire l’emergenza; 2) Pianificare ed eseguire piano di rinascita del paese; 3) Non perdere la grande opportunità che la crisi ci sta offrendo. Il Recovery Plan presentato il 12 gennaio contiene misure, anche utili ed interessanti, ma è focalizzato su micro-problemi e micro-soluzioni. È un piano di salvataggio, ma non di rilancio del paese. Manca di coraggio, visione dell’Italia che sarà nel 2030 e di leadership. Il nostro è un paese del G7 e deve essere e agire da leader.
Parlo di sfide e opportunità che la #Cina ci presenta, direttamente dalla mia bocca, onde evitare "fraintendimenti" dei media
To guarantee this technological leap linked to international trade, we need to implement a strategy based on three pillars: 1) digitalisation, 2) the development of digital payment systems and 3) the strengthening of the logistics sector. Without one of these factors, the internationalization of companies cannot be completed, in a world that always gives more room to digital forms of trade, even cross-border.
Start-ups should be getting more attention for their contributions to employment. According to Tim Kane (Figure 1), startups create most new net jobs in the US. Between 1977 and 2005 they contributed nearly all the roughly two million to three million new jobs created every year.
I was invited to CCTV "Dialogue" program to discuss political and economic reforms in China. The topics discussed: the China-USA relationships, the differences between the Chinese and Italian government, and the Chinese program for poverty reduction.
The Economist magazine has just published an article on the issue of migrants in Europe. Why Europe Needs more migrants? To such an important question, one would expect an equally profound answer, and instead, the article loses its logic and confuses causes and effects in a circularity not worthy of the name of the magazine.
China's economy is likely to grow by 6.8% year on year in the first quarter of 2017, driven by increasing production activities and investments, according to a report by National Academy of Economic Strategy (NAES). The positive trend seen in 4Q 2016 has continued into the first quarter of 2017. Industrial production, fixed assets investment, real estate and infrastructure development have all gone up. It will be very unusual for China to beat its own 6.5% as estimate. However, if the first quarter of the 2017 really were to post 6.5% GDP growth, that would be a very good result for the economy. And, more importantly, for the confidence that world economy may have on futures perspectives of China.
Since last year, I have argued that economic growth in China would take a less and less important role in China's political agenda. My view is that Chinese policymakers are well aware that growth cannot be sustained for the foreseeable future and are therefore looking for new objectives and for a new narrative that can maintain social stability. It is a bit like an ex-post rationalization of a problem: "Given that GDP growth cannot be sustained, let's play down the importance of the economy and focus on other goals so that we can continue to meet those - new - objective". The output from the Two Session seems to go in this direction.


Beijing cools GDP to warm wages

The weak growth of Chinese GDP in the third quarter (+ 4.9%) was received negatively by many analysts who attributed the cause to the...