Search Results for: spesa pubblica

Dai bassi tassi di interesse all’alta spesa militare: crisi di egemonia e pulsioni belliche degli Stati Uniti d’America

- Aldo Barba, Massimo Pivetti

La spesa per consumi personali è stata la componente più dinamica della domanda aggregata negli Stati Uniti a partire dalla fine degli anni ‘70. Tra il 1951 e il 1980, il suo rapporto con il PIL è stato in media intorno al 58%, per poi crescere costantemente di 10 punti percentuali, stabilizzandosi dal 2003 al livello più elevato di circa il 68%. A partire dall’inizio della seconda metà degli anni ‘70, la crescita sostenuta della spesa per consumi personali ha compensato sia l’andamento sfavorevole della bilancia commerciale, sia il rallentamento dei consumi pubblici e della spesa lorda per investimenti (la crescita degli investimenti privati ​​è rimasta allineata a quella del prodotto, grazie al peso in rapido aumento degli investimenti in prodotti di proprietà intellettuale che ha controbilanciato un marcato rallentamento degli investimenti in strutture e attrezzature non residenziali).

Una ipotesi di rafforzamento della Pubblica Amministrazione nel Mezzogiorno

- Guglielmo Forges Davanzati, Gianmarco Igino Scardino

This paper deals with regional divergences in Italy. It is shown that it depends on phenomena of circular cumulative causation, based on Gunnar Myrdal (1957), amplified by the worsening performance of the public sector in Southern Italy. On the economic policy ground, it is suggested a special plan devoted to hiring workers in the public sector of the South and of incentive to increase productivity.

Fallimenti di mercato a prezzi di mercato, il paradosso della spesa sanitaria e del debito pubblico in Europa

- Stefano Di Bucchianico, Giuliano Resce

The public debt of some Eurozone countries is today an emergency that risks arriving immediately after the health emergency we are going through. The impact of the Covid-19 pandemic on the economy has the double effect of cutting the Gross Domestic Product (the tax base from which most of the tax revenue is generated) and increasing public spending due to the increase in demand of health services and the increase in demand for social safety nets. The combined effect of the reduction in revenue and the increase in public spending inevitably generates a greater deficit which adds up to public debt that was already seen as a problem before the pandemic. At present, and unless the European Central Bank intervenes, the interest rates on the debt of some European countries can only grow further. In this way there is the risk of generating a vicious circle that leads to unsustainable paths. But is it acceptable that the state – for the financing of public expenditure – depends on the market?

Spesa sanitaria, austerità e “malattia dei costi” di Baumol

- Matteo Samarani

This work highlights the cuts and definitions that have characterized the recent history of the National Health System. It is difficult to argue that fiscal consolidation policies have not had a significant and permanent impact on the availability of resources available to Italian public health. Secondly, through a regression analysis, the main variables that influence the differentials in the number of beds in the various countries are estimated. Even if the estimates reveal a negative relationship between the cost per bed and the number of beds, it is difficult to maintain that this relationship has a causal relationship that goes from the first to the second. The reverse is much more likely to be true.

Verso la moneta digitale pubblica: l’audacia di Christine Lagarde e la prudenza di Mario Draghi

- Enrico Grazzini

Libra | Christine Lagarde, attuale direttore del Fondo Monetario Internazionale e prossimo Presidente della Banca Centrale Europea, vorrebbe che le banche centrali adottassero rapidamente sistemi di emissione di […]

Spesa in deficit, debito pubblico e mercati finanziari

- Biagio Bossone

This article discusses the importance of the intertemporal constraint on the government budget for financially integrated market economies, and emphasizes the need for governments to ensure the sustainability of their liabilities as a precondition for the effective use of fiscal policy for anti-cyclical purposes. The paper concludes discussing the implications of the budget constraint for Italy’s fiscal policy, including under the hypothesis of the country exiting the euro.

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