Economic reform strategies and recovery policies in Italy from Conte to Draghi

Two main aims have characterized the 2018-2022 Italian economic policy. The first was reforming the whole economic system to stop the so-called ‘Italian decline’ that eroded the economic competitiveness and growth of the Italian economy for decades. The second was recovering from an impressive sequ...

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Main Author: Roberto Di Quirico
Format: Article
Language:English
Published: Università degli Studi di Catania 2023-07-01
Series:Italian Political Science
Subjects:
Online Access:https://www.italianpoliticalscience.com/index.php/ips/article/view/193
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author Roberto Di Quirico
author_facet Roberto Di Quirico
author_sort Roberto Di Quirico
collection DOAJ
description Two main aims have characterized the 2018-2022 Italian economic policy. The first was reforming the whole economic system to stop the so-called ‘Italian decline’ that eroded the economic competitiveness and growth of the Italian economy for decades. The second was recovering from an impressive sequence of crises (the Eurozone crisis, the Covid-19 pandemic and later the consequences of war in Ukraine) that endangered the Italian economic system and the sustainability of the Italian public debt.   This paper analyses the crucial steps in the reform and recovery strategies carried on by the three governments that led Italy from 2018 to 2022, particularly emphasizing the oscillating relationship between the three Italian governments and the European Union. To this end, particular attention will be devoted to the Conte governments’ economic reform proposals and the subsequent recovery strategies. These proposals will be deducted from some crucial documents: the Government contract for the first Conte government, the Colao plan, and the first draft of the Italian Recovery and Resilience Plan prepared during the last days of the second Conte government. These documents will be compared with the PNRR approved under the Draghi government. The paper will discuss also the role of the EU in addressing Italian economic policy and recovery strategies.
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spelling doaj.art-133815fe6bff4c31959f68e273ece24c2023-11-09T03:53:50ZengUniversità degli Studi di CataniaItalian Political Science2420-84342023-07-01171Economic reform strategies and recovery policies in Italy from Conte to DraghiRoberto Di Quirico0University of Cagliari Two main aims have characterized the 2018-2022 Italian economic policy. The first was reforming the whole economic system to stop the so-called ‘Italian decline’ that eroded the economic competitiveness and growth of the Italian economy for decades. The second was recovering from an impressive sequence of crises (the Eurozone crisis, the Covid-19 pandemic and later the consequences of war in Ukraine) that endangered the Italian economic system and the sustainability of the Italian public debt.   This paper analyses the crucial steps in the reform and recovery strategies carried on by the three governments that led Italy from 2018 to 2022, particularly emphasizing the oscillating relationship between the three Italian governments and the European Union. To this end, particular attention will be devoted to the Conte governments’ economic reform proposals and the subsequent recovery strategies. These proposals will be deducted from some crucial documents: the Government contract for the first Conte government, the Colao plan, and the first draft of the Italian Recovery and Resilience Plan prepared during the last days of the second Conte government. These documents will be compared with the PNRR approved under the Draghi government. The paper will discuss also the role of the EU in addressing Italian economic policy and recovery strategies. https://www.italianpoliticalscience.com/index.php/ips/article/view/193Italy18th legislatureRecovery Policiesnational recovery and resilience planEuropean Union
spellingShingle Roberto Di Quirico
Economic reform strategies and recovery policies in Italy from Conte to Draghi
Italian Political Science
Italy
18th legislature
Recovery Policies
national recovery and resilience plan
European Union
title Economic reform strategies and recovery policies in Italy from Conte to Draghi
title_full Economic reform strategies and recovery policies in Italy from Conte to Draghi
title_fullStr Economic reform strategies and recovery policies in Italy from Conte to Draghi
title_full_unstemmed Economic reform strategies and recovery policies in Italy from Conte to Draghi
title_short Economic reform strategies and recovery policies in Italy from Conte to Draghi
title_sort economic reform strategies and recovery policies in italy from conte to draghi
topic Italy
18th legislature
Recovery Policies
national recovery and resilience plan
European Union
url https://www.italianpoliticalscience.com/index.php/ips/article/view/193
work_keys_str_mv AT robertodiquirico economicreformstrategiesandrecoverypoliciesinitalyfromcontetodraghi