12,891 research outputs found
ITALY'S TOP PRODUCTS IN WORLD TRADE. THE FORTIS-CORRADINI INDEX
No full textThis book analyzes Italy’s external competitiveness in detail and introduces a new index, devised by Marco Fortis and Stefano Corradini for Fondazione Edison, that highlights the strengths of Italy’s foreign trade. Compared with the Trade Performance Index compiled and updated annually by UNCTAD/WTO’s International Trade Centre, the Fortis-Corradini Index (FCI) provides greater sectorial detail by referring to 5117 products identified according to the six-digit HS 1996 international classification available on the UN Comtrade database. The new index confirms that, contrary to widespread opinion, Italy is one of the world’s most competitive countries, with an extraordinary position of leadership in world trade. Thus, according to the FCI, for 932 products Italy was either first, second or third worldwide in terms of foreign trade surplus in 2012. Furthermore, the FCI reveals, for example, that only three countries (China, Germany and the United States) surpassed Italy in 2012 in terms of the number of first, second and third places in their trade balance worldwide. In presenting the FCI and meticulous statistical data, this highly original study will be of wide interest
Dentro la crisi: 2009-2011. America, Europa, Italia
No full textLa ripresa economica, iniziata timidamente nella seconda metà del 2009, è proseguita nel 2010 interessando però principalmente le economie emergenti. Al contrario, il mondo più sviluppato sta uscendo dalla crisi più lentamente, con problemi irrisolti dal lato dell’indebitamento delle famiglie, delle condizioni di salute del settore immobiliare e dell’occupazione, con il rischio di una possibile ricaduta in recessione. Alla crisi delle banche e delle imprese si è aggiunta, nel 2010, la crisi dei debiti sovrani dei paesi europei, che, nell’estate 2011, si è estesa all’Italia e alla Spagna, con un forte peggioramento, al di là dell’Atlantico, anche del debito pubblico Usa. In questo scenario in rapida evoluzione, quali sono le prospettive del mondo ricco, che si è scoperto improvvisamente più povero e più vulnerabile? Questo volume, seguito ideale di «La crisi mondiale e l’Italia», pubblicato da Marco Fortis con il Mulino nel 2009, raccoglie in modo organico i principali articoli sull’argomento da lui scritti in questi due anni su «Il Messaggero», «Il Sole 24 Ore», «Economy», «Panorama» e «Il Foglio».The economic recovery, that had started weakly in the second half of 2009, went on in 2010 but concerned mainly the emerging countries. The advanced world, instead, is picking up more slowly, with unresolved problems in households debts, in the building sector and in occupation, with the risk of a new fall into recession. In 2010 the crisis of the European sovereign debts was added to the banking and business crisis, extending to Italy and Spain in the summer of 2011, at the same time as a serious worsening of the U.S. public debt. Under such quickly changing conditions, what prospects can the richer world rely on, after discovering itself suddenly poorer and more vulnerable? This volume, a virtual continuation of "La crisis mondiale e l'Italia" by Marco Fortis, published by Il Mulino in 2009, is an organic collection of his main articles on the subject that appeared in "Il Messaggero", "Il Sole 24 Ore", "Economy", "Panorama" and "Il Foglio" in the last two years
La competitività italiana nel commercio internazionale
No full textOn the basis of various indexes, the author demonstrates that the Italian productive system has an outstanding position in various industrial sectors in the world economy. In particular, he identifies four sectors denominated the 4As (according to the initial letter of each Italian term: clothing - Abbigliamento-moda; home furniture - Arredo-casa; food - Alimentare-vini; automation - Automazione-meccanica-gomma-plastica). The 4As accounted for a balance of payments surplus which amounts to 100 billion euros. The author emphasises how a "declinist" interpretation is based on the declining share of total Italian exports in world export. Yet, this interpretation does not adequately take into account the strategy adopted by Italian firms that, in the last years, have changed their strategy towards higher value added production. This interpretation is confirmed by the comparison of competitiveness indexes elaborated by UNCTAD/WTO (TPI, Trade Performance Index) and by the Edison Foundation (Fortis-Corradini Index). The paper examines also the performances of italian exports during the first phase of the current global crisis. On the one hand, Italy has been affected by the crisis of global demand; on the other hand, the same diffuculties were experienced by Germany, and the Italian economy initially recovered more successfully. Finally, the paper suggests that prospects for growth of Italy in international trade, depends on greater access to BRIC markets; however, the Italian small/medium size forms find it more difficult obtain a foothold than large multinationals from the other European countries
L'Italia batte la Germania in 1.200 prodotti
No full textLa manifattura italiana è la seconda d’Europa e la quinta del mondo per valore aggiunto, pur incalzata da giganti emergenti come Brasile e Corea del Sud. Ma vi sono due diffusi luoghi comuni sulla nostra industria: il primo è che essa sia poco competitiva e il secondo che essa sia costituita da imprese troppo piccole per competere sui nuovi mercati globali. L’indice Fortis-Corradini elaborato dalla Fondazione Edison, evidenzia come su circa 4.000 prodotti scambiati internazionalmente e statisticamente censiti, l’Italia ne vanta oltre 2.000 che presentano un surplus di bilancia commerciale e in 1.215 di essi il nostro Paese precede per attivo la Germania presa come benchmark. Tali 1.215 prodotti in cui “battiamo” i tedeschi nel 2011 hanno espresso un surplus con l’estero di ben 150 miliardi di dollari (pari al 6,8% del nostro PIL). Nel mondo solo la Cina può fregiarsi di un maggior numero di casi in cui è più competitiva della Germania: 2.134 prodotti in totale
Too much rigor is a trap for growth
No full textEver since the global crisis began, Italy has been the land of paradox.Though it was among the few economies that avoided "Sinning" in the new country with a real estate bubbled, it suffered the most significant drop in GDP in 200
Istituzioni, innovazioni, investimenti euro-italiani
No full textIntroduzione alle tematiche affrontate nel volume con riferimento all’Europa e all’Italia, illustrando la situazione del momento e analizzando le politiche economiche auspicabili per uscire definitivamente dalla crisi
Dinamiche e urgenze nei cambiamenti strutturali. Venti anni per l’Italia e l’Europa
No full textL’economia reale e la dinamica dei sistemi economici sono stati alla base di tutte le attività della Fondazione Edison. Particolare attenzione è stata data sia all'innovatività imprenditoriale sia agli investimenti in tecno-scienza. Il mercato non può essere lasciato solo con i suoi meccanismi che spesso e inevitabilmente sono di breve-medio periodo e quindi non bastanti per dare gli impulsi iniziali a quelle innovazioni che poi generano grandi ondate di cambiamento tecnologico strutturale e di progresso tecnico. Ci vuole perciò una autonoma attività di ricerca e sviluppo dei “laboratori” finanziata da fondi pubblici che via via vanno verso il decentramento al sistema delle imprese supportato da adeguati incentivi. Queste dinamiche sono diventate ancora più complesse nel XXI secolo da un lato per la potente spinta della rivoluzione digitale, dall'altro per i vincoli di eco-compatibilità diventati sempre più urgenti ed infine per la geo-globalizzazione che in parte ha globalizzato ed in parte ha polarizzato su Usa e Cina. Due grandi entità “statuali” nel mezzo delle quali la Ue e la Uem non sono ancora riuscite ad emergere come il terzo polo fautore non di un tripolarismo ma di un multipolarismo che non deve essere abbandonato
Pandemia, competenza e ricostruzione. Una svolta necessaria per l'Euro-Italia
No full textThis volume, the ninth collection of articles in Fondazione Edison’s series, focuses on the new institutional, economic and social scenarios opened up by the Coronavirus pandemic.
The first part (by Alberto Quadrio Curzio) concentrates on the European scenario, and in particular European institutions, the emergency created by Covid-19 and ongoing and potential
innovation.
The second part (by Marco Fortis) deals mainly with the Italian economy and the manufacturing sector, highlighting aspects of resilience and strength, which are often underestimated.
Europe reacted promptly and effectively to the Coronavirus contagion, accompanying the Ecb’s liquidity operations with unprecedented measures and financing to support and relaunch
the economy and employment. Next Generation EU, Sure and the Esm are an opportunity above all to rebuild Europe, guided by competence and innovation in terms of investing in networks,
digitalization and techno-science, schools and education, the green economy and energy efficiency. In spite of its critical points and dualisms, Italy has a strong real economy, especially in manufacturing. In this complex phase Italy must utilize with determination the extensive European support in response to the pandemic by concentrating on the structural modernization of its national system, starting with the public administration. These are issues which have been postponed for too long or have been addressed in a stop and go manner due to political discontinuity.
There will be no second chance with the Recovery Fund and therefore this opportunity must not be wasted
La forza e la debolezza del Sud Italia
No full textThe development of the Mezzogiorno (also known as “Southern Italy”) according to an industrial logic would turn Italy into a France or Germany in Europe. There are two main points. The first is that development of the Mezzogiorno requires an “industrial logic”, an expression used in 1946 by the founders of SVIMEZ.
Today we would place this paradigm alongside that of the “real economy” to emphasize that organizational and productive rationality can be applied across the board. Only in this way can the Mezzogiorno's territorial system be freed from the discretionary subsidies that begin and end in a form of welfare dependency that the highly qualified resources of the South do not need.
This is because the Mezzogiorno already has strengths and points of excellence in the real economy capable of competing, even internationally, on a par with the companies of Northern Italy. The difference is that whereas in the North there is a robust network of firms that make up a system or several territorial systems with external and internal economies that represent its strength, the Mezzogiorno has no network and relatively few firms. At any rate not enough for a region with 26 million inhabitants.
The conclusion is that integration between agriculture, manufacturing, tourism, logistics and infrastructure is the cornerstone of Mediterranean progress and development in the first decades of the 21st century
The strenghts and weakness of Soutern Italy
No full textThe Development of the Mezzogiorno according to "Industrial Logic" would turn Italy into a France or Germany in Europe. The authors find out whether there are strong businesses in the South, find out why the South as a whole has failed to developed anda examine the institutions and society in relation to the economy
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