Italy, before and after Lehman Brothers: F Daveri

http://voxeu.org/ Reported here by: SPMG, 3 August 2009

The post-crisis data indicate that Italy is faring worse than the rest of Europe, except Germany. Moreover, the Italian economy entered a period of hardships and disappointing growth well before the mortgage crisis developed. This column argues that Italy cannot afford to postpone reforms if it wants to resume faster long-run growth.