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Italy between the EU and Berlusconi Effects of external and internal factors on the Italian Public Debt 1st Edition by Alberto Mittestainer ISBN 9783954896240 3954896249

Name: Italy between the EU and Berlusconi Effects of external and internal factors on the Italian Public Debt 1st Edition by Alberto Mittestainer ISBN 9783954896240 3954896249
SKU: EB-51288048
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Italy between the EU and Berlusconi Effects of external and internal factors on the Italian Public Debt Effects of external and internal factors on the Italian Public Debt 1st Edition Alberto Mittestainer Digital Instant Download

Author(s): Alberto Mittestainer

ISBN(s): 9783954896240, 3954896249

Edition: 1

File Details: PDF, 301 KB

Year: 2013

Language: English

SKU: EB-51288048 Category: Uncategorized Tag: Alberto Mittestainer

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Italy between the EU and Berlusconi Effects of external and internal factors on the Italian Public Debt 1st Edition by Alberto Mittestainer – Ebook PDF Instant Download/Delivery: 9783954896240 ,3954896249
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ISBN 10: 3954896249
ISBN 13: 9783954896240
Author: Alberto Mittestainer

The aim of this study is to investigate whether the reduction of the Italian public debt between 1994 and 2004 and the increase after 2004 is due to internal or external factors. Given the current debt crisis in Europe, this is a fundamental question since it may demonstrate if Italy – and states in general – are able to handle their fiscal problem by themselves or if they need external help. The evidence, in the form of a detailed analysis of parliamentary debates and newspaper articles, will show that Italy was able to reduce the public debt only when pressured from outside and that the external constraints of the European Union in the form of Maastricht Parameters greatly impacted the level of Italian debt. Once Italy complied with them and became a member of the European Union, the effect disappeared and the Italian public debt started increasing again. Internal factors do not appear to have played a role. In particular, the qualitative study of parliamentary debates on the budget shows that the level of polarization and the role of veto players caused by it have remained constant and therefore can’t be used to explain the variation in public debt.

Italy between the EU and Berlusconi Effects of external and internal factors on the Italian Public Debt 1st Edition Table of contents: