Full Description
This book addresses topics and issues of high relevance to the widely shared desire to promote inclusive growth, sustainability, and innovation within a context of global governance. It is based on the XXXth Villa Mondragone International Economic Seminar, where leading experts met to discuss the latest research and thinking on different aspects of globalization, trade, inequalities, growth imbalances, green technologies, the labor market, and financial systems. The aim is to stimulate new responses and possible solutions to a variety of well-recognized problems, including low growth in real wages, stagnating productivity, and growing disparities in income. Some of these problems are especially evident in Europe, where austerity policies have failed to deliver adequate growth and investment. However, while a number of the contributions focus on aspects of particular importance to Europe, others look further afield, for example to the scope for innovation in Africa and to experienceswith quantitative easing in Japan. The book will be of wide interest to academics, researchers, policy makers, and practitioners.
Contents
Solving the problem in Italy and much of Western Europe.- Trump's challenge to the world's liberal economic and trade system.- Populism and European integration: diagnosis and policy response.- East versus West on the European populism scale.- Artificial Intelligence, labor market structure, or hysteresis of past recessions? Why prices in Japan do not rise despite quantitative easing.- Technology and trade wars.- Cyber-physical systems and the new socio-economic paradigm: Technology, knowledge and human capital.- An Immediate solution for the Euro area crisis: A grand European investment plan.- Inequality undermines democracy and growth.- Innovation and Africa: much to gain, nothing to lose!.- Analysing the redistributive effects of the Italian PIT with tax files.- Great European crisis: Shift or turning point in job creation from job destruction.- Multinationals: The role of consumers and a new European fiscal trend.- Realizing a new social market economy in Europe in the coming years.
