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Description
Thanks to the collaboration with renowned economists and policymakers, the publication compares Italian and German macro-economic cultures and performances. When the Bretton Woods system crumbled and currencies lost their direct link to the dollar and their indirect link to gold, these two countries embarked upon strongly different monetary policies. This divergence was reflected in the evolution of the exchange rates: the value of one D-Mark increased from 170 Italian lira under Bretton Woods to 990 Italian lira at the start of European Monetary Union: an astounding devaluation of about 85 per cent for the lira! Firstly, the volume describes the German and the Italian economic and, specifically, monetary models, with major attention paid to institutions such as Deutsche Bundesbank and Banca d'Italia, analysing their development in a diachronic perspective. Secondly, these paradigms are contextualized within a broader European context, which is fundamental to reflect upon possible future scenarios. Giacomo de Angelis Fisico dei nuclei, Dirigente di ricerca dell'istituto Nazionale di Fisica Nucleare, è attivo presso i Laboratori Nazionali di Legnaro (Padova) ed il CERN di Ginevra. Insignito nel 2001 del premio Friedrich Wilhelm Bessel della Fondazione Alexander von Humboldt (AvH), riveste dal 2015 il ruolo di presidente dell'Associazione Italiana Alexander von Humboldt (AIAvH). Kernphysiker und Forschungsdirektors des Nationalen Instituts für Kernphysik, ist u.a. an den Nationalen Laboratorien von Legnaro (Padua) und am CERN in Genf tätig. 2001 wurde er mit dem Friedrich Wilhelm Bessel Preis der Alexander von Humboldt Stiftung ausgezeichnet und ist seit 2015 Präsident der italienischen Alexander von Humboldt Gesellschaft (AIAvH).
