Centro Europa Ricerche from its foundation to the end of the ‘First Republic’

Titolo Rivista HISTORY OF ECONOMIC THOUGHT AND POLICY
Autori/Curatori Carlo Cristiano
Anno di pubblicazione 2017 Fascicolo 2017/2 Lingua Inglese
Numero pagine 20 P. 83-102 Dimensione file 257 KB
DOI 10.3280/SPE2017-002005
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più clicca qui

Qui sotto puoi vedere in anteprima la prima pagina di questo articolo.

Se questo articolo ti interessa, lo puoi acquistare (e scaricare in formato pdf) seguendo le facili indicazioni per acquistare il download credit. Acquista Download Credits per scaricare questo Articolo in formato PDF

Anteprima articolo

FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche

The Centro Europa Ricerche (CER) was created in Rome in 1981 by Giorgio Ruffolo in collaboration with Antonio Pedone, Luigi Spaventa and a few others. Although very close to the Partito Socialista Italiano (PSI), CER was frequently very critical of the governments in which the PSI took part. While supporting successive reforms of the scala mobile, CER was highly critical of the budgetary policy, with a rapid shift of emphasis from the insufficient and unequal revenues to the need for structural spending cuts from 1983 onwards. Parallel to this ran the analysis of Italian industries and their outlook. While pointing to slow growth of productivity and scant innovation as the main problems of Italian industry, CER lamented the lack of an industrial policy and did not share the Bank of Italy view on the effects of the central bank exchange rate management within the EMS. While the central bank considered it possible to stimulate organisational and technological innovation by means of an overvalued lira, CER denounced the negative effects of this policy on employment. At a later stage, CER also began to view the growing size of the tertiary sector with increasing concern. The situation emerging at the end of the 1980s was that workers laid off from the exporting sectors were finding employment in the less competitive tertiary sector, thus producing an upward pressure on prices which generated inflation and reduced the competitiveness of the entire economy. In response to this, CER proposed several reforms. The reforms proposed, and the arguments supporting them, to some extent anticipated the kind of reformism that would prevail at a later stage, when Italy decided to enter the EMU. However, the kind of reformism proposed at CER from 1982 to 1992 was not based on the idea that an external constraint ought to be imposed on a recalcitrant country. What CER was proposing was an autonomous process of reform, opposed to any external constraint à la Maastricht.

Keywords:Centro Europa Ricerche, think tank, Public finance, monetary policy, industrial policy.

Jel codes:B2, H6

  1. Radaelli C. (2002). The Italian State and the Euro: Institutions, Discourse, and Policy Regimes. In K. Dyson (ed.) European States and the Euro. Europeanization, Variation, and Convergence, Oxford: OUP: 212-37.
  2. Radaelli C. M. and A. P. Martini (1998) Think tanks, advocacy coalitions and policy change: the Italian case’. In D. Stone, A. Garnett and M. Denham (eds.) Think tanks across nations: a comparative approach, Manchester, Manchester University Press: 59-81.
  3. Roncaglia, A. (2013). Luigi Spaventa, PSL Quarterly Review, 66(266): 171-199.
  4. Sarcinelli M. (2013). Per ricordare Luigi Spaventa, Moneta e Credito, 66(263): 279-97.
  5. Sartor N. (ed.) (1998). Il risanamento mancato. La politica di bilancio italiana: 1986-90, Roma, Carocci.
  6. Spaventa L. (1984). La crescita del debito pubblico in Italia: evoluzione, prospettive e problemi di politica economica’, Moneta e Credito, 147: 251-284
  7. - (1985). Piani di rientro, politica fiscale e politica monetaria’, Economia italiana, 1:9-33.
  8. - (1987). The Growth of Public Debt: Sustainability, Fiscal Rules, and Monetary Rules, Staff Papers (International Monetary Fund), 34( 2): 374-399.
  9. - (1988a). Debito pubblico e pressione fiscale, Moneta e Credito,161: 3-15.
  10. - (1988b). Introduction: Is there a Public Debt Problem in Italy?. In Giavazzi F. and L. Spaventa (eds), High Public Debt: The Italian Experience, Cambridge University Press, Cambridge: 1-24.
  11. Spaventa, L. and V. Chiorazzo (2000). Astuzia o virtù?: come accadde che l’Italia fu ammessa all’Unione monetaria, Roma, Donzelli.
  12. Tabellini, G. (1988). Monetary and Fiscal policy coordination with a high public debt. In Giavazzi F. and L. Spaventa (eds), High Public Debt: The Italian Experience, Cambridge University Press, Cambridge: 90-126.
  13. Tullio G. (1982). Demand Management and Exchange Rate Policy: The Italian Experience, IMF Staff Papers.
  14. Andreatta, B. and C. D’Adda (1985). Effetti reali o nominali della svalutazione? Una riflessione sull’esperienza italiana dopo il primo shock petrolifero, Politica Economica, 1(1): 37-51.
  15. Banca d’Italia (1982). Assemblea generale ordinaria dei partecipanti: tenuta il giorno 31 maggio 1982: anno 1981, Roma, Centro stampa Banca d’Italia.
  16. Carabba M. (1977) Un ventennio di programmazione, 1954-1974, Bari, Laterza.
  17. Ciampi C. A. (1985). Il quadro istituzionale e gli orientamenti della politica valutaria nell’economia italiana, XXVIII Congresso Nazionale del Forex Club Italiano: 288. --http://www.carloazegliociampi.it/application/xmanager/projects/ciampi/attachments/73147/XXVIII_FOREX_IL_QUADRO_ISTITUZIONALE_GLI_ORIENTAMENTI_DELLA_POLITICA_VALUTARIA_NELL__ECONOMIA_ITA.pdf
  18. Collins S. M. (1988). Inflation and the EMS, NBER Working Paper No. 2599.
  19. Dyson K. and K. Featherstone (1999) The Road to Maastricht. Negotiating Economic and Monetary Union, Oxford, Oxford University Press.
  20. Fazio A. and M.T. Salvemini (1982). Innovazioni nella politica di finanziamento del Tesoro, Bancaria, 2: 181-87.
  21. Fratianni M. (1988). The European Monetary System: How Well Has it Worked?, The Cato Journal, 8: 477-501.
  22. Gandolfo G. and P.C. Padoan (1982). Demand Management and Exchange Rate Policy: The Italian Experience. A comment on Tullio, IMF Staff Papers.
  23. Giavazzi F. and A. Giovannini (1989). Interpreting the European Disinflation. The Role of the Exchange Rate Regime. In F. Giavazzi and A. Giovannini (eds) Limiting Exchange Rate Flexibility: The European Monetary System, Cambridge, Massachuttes, MIT Press.
  24. Ginsborg P. (1990). A History of Contemporary Italy. Society and polics: 1943-1988, London, Penguin Book.
  25. Izzo L. (ed.) (1970). Il controllo dell’economia nel breve periodo: rapporto del gruppo di studio sui problemi di analisi economica e di politica economica a breve termine, Milano, Franco Angeli.
  26. Parenti G. (1965). Modelli Econometrici per la Programmazione. Atti del Convegno di Studi sui Modelli di Programmazione nei Paesi della Comunità Economica Europea, Firenze, Scuola Statistica dell’Università.
  27. Pedone A. (1984). La riforma tributaria italiana del 1973–74: un successo parziale con molti problemi, Moneta e Credito, 37(148): 371–94.
  28. - (2013). Luigi Spaventa e il controllo dell’economia nel breve periodo, Moneta e Credito, 66(263): 261-78.

  • An intellectual boost for Italy’s Europeanisation: the contribution of the influential think tanks Arel and Nomisma (1978–1993) Luca Sandonà, in The European Journal of the History of Economic Thought /2021 pp.324
    DOI: 10.1080/09672567.2020.1817118

Carlo Cristiano, Centro Europa Ricerche from its foundation to the end of the ‘First Republic’ in "HISTORY OF ECONOMIC THOUGHT AND POLICY" 2/2017, pp 83-102, DOI: 10.3280/SPE2017-002005