Public Debt, Global Governance and Economic Dynamism

  • Luigi Paganetto

Table of contents

  1. Front Matter
    Pages i-vii
  2. Luigi Paganetto
    Pages 1-3
  3. US Growth Policies in the Election Year

  4. Assessing the Impact of Labor Market Reforms

    1. Front Matter
      Pages 53-53
  5. Imbalances, Tensions and Possible Readjustments: Evidence from Intertemporal Accounting and the Financial Accounts

  6. G20, Global Governance and Regional Integration

  7. Multipliers, the Crisis and Beyond

    1. Front Matter
      Pages 165-165
    2. Jocelyn Boussard, Francisco de Castro, Matteo Salto
      Pages 167-211
    3. Francesco Caprioli, Sandro Momigliano
      Pages 213-232
  8. EU Governance, Growth and the Eurozone Crisis

    1. Front Matter
      Pages 233-233
    2. Francesco Paolo Mongelli, Ad van Riet
      Pages 235-252
    3. Luigi Paganetto, Pasquale Lucio Scandizzo
      Pages 253-263
    4. Carlo Cottarelli
      Pages 301-308
  9. EMU Policy and Public Debt

    1. Front Matter
      Pages 309-309
    2. Pier Carlo Padoan, Urban Sila, Paul van den Noord
      Pages 311-326
    3. Daniela Arru, Davide Iacovoni, Libero Monteforte, Filippo Maria Pericoli
      Pages 343-363
    4. Thorvaldur Gylfason
      Pages 379-417
  10. Policy Recommendations

    1. Front Matter
      Pages 419-419
    2. Maurizio Melani
      Pages 421-423

About these proceedings


This volume presents a selection of contributions to the XXIV Villa Mondragone International Economic Seminar on “Public debt, global governance and economic dynamism”. For the past 23 years, the Seminar has provided an ideal opportunity to meet and discuss the most topical issues in economic research. The quality of the scientific contributions and ensuing debates has consistently been outstanding owing to the participation of leading experts, and the most recent Seminar was no exception.

The Seminar was held against the backdrop of high levels of public debt, especially in Europe, combined with very low growth in productivity. Furthermore, markets have been dominated by financial instability, raising the question of whether this is the result of the high debt levels or insufficient economic dynamism. Among the topics covered in this book are the economic challenges and growth policies in the United States; issues relating to the G20, global governance and regional integration; EU governance, growth and the Eurozone crisis; and EMU policy and public debt. Individual contributions also address the impact of labor market reforms, the need for sectoral rebalancing in the Euro area, fiscal multipliers and public debt dynamics, and the effects of fiscal shocks in Italy. The book concludes with a contribution on policy recommendations.


Global Governance Growth International Economics Macroeconomics Monetary Economics

Editors and affiliations

  • Luigi Paganetto
    • 1
  1. 1., EconomicsTor Vergata Economics FoundationRomeItaly

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