The theoretical basis of the CGIL's analysis of the Italian economic decline

Guglielmo Forges Davanzati and Nicolò Giangrande

No PKWP1801, Working Papers from Post Keynesian Economics Society (PKES)

Abstract: This paper deals with the Italian economic decline from a double perspective. First, it provides a reconstruction of the main Post Keynesian arguments explaining the bad macroeconomic performance of the Italian economy, starting from the end of the “economic miracle”. Second, it proposes a re-reading of the CGIL’s view, showing that is it consistent with a theoretical approach based on the fundamental assumptions and policy prescriptions of the Post Keynesian framework.

Keywords: Italian economic decline; labour market; unions (search for similar items in EconPapers)
JEL-codes: E60 J50 (search for similar items in EconPapers)
Pages: 15
Date: 2018-01
New Economics Papers: this item is included in nep-mac and nep-pke
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