In the Eye of the Storm: The Italian Economy and the Eurozone Crisis

Abstract

The eurozone crisis had a more significant and longer-lasting impact on Italy than on virtually any other member state, with the effects still visible a decade after. The extent of the shock was surprising in view of progress Italy had apparently made in the 1990s in terms of enhancing its capacity to meet the demands of European Monetary Union. The explanation for this traumatic economic experience lies in Italy’s deep, long-term, structural tensions which were placed under severe pressure during the 1990s and which were cracked open by the 2011 sovereign debt crisis. These have had long-standing economic effects as well as political ramifications in terms of a significant change in the Italy–EU relationship.     

Reviews

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Poner la cuerpa: The Body as a Site of Reproductive Rights Activism in Peru

The issue of the body is central to feminist theory and activism. This article draws on social movement and performance theory to analyse the role of the body as a site of activism in performances and as a site that is subject to patriarchal and racial oppression. Through embodied activism, feminists reclaim their bodies as a contested site of oppression to reframe the terms of the debate on abortion and demonstrate the possibility for embodied and creative politics to create new, more inclusive forms of activist practices.     

The return of the regulator: Kazakhstan’s cotton sector reforms since independence

What would a ‘good’ industrial policy in the realm of cotton production look like? This article seeks to address this question through a focus on reforms to the cotton sector in Kazakhstan. In contrast with neighbouring Uzbekistan and Turkmenistan, administrators in Kazakhstan had widely freed the cotton sector from government control as early as 1998. Agricultural collectives had been replaced by small private farms, and commercial cotton processors and traders entered the sector. However, in 2007, regulation tightened again and forced ginneries to use a complex warehouse receipt system without making sure that it was accepted by stakeholders and without appropriate institutions for implementing it in place. Moreover, it imposed financing restrictions on ginneries, which were major loan and input providers to farmers. In the following years, private producers and investors turned away from cotton, and cotton area and output fell substantially. We position our analysis in the broader debate about the right approach to industrial policy and argue that the cotton sector performance after 2007 shows how ill-designed regulation and government interference can turn a promising economic sector towards decline.     

Landfill externalities and property values dilemma – emerging insights from three Ghanaian cities

Though debates about the negative impact landfill exerts on land and property values are by no means historically new, research into the case of developing countries has only recently begun. This article attempts to synthesise existing literature on the subject through the analysis of three case studies to enhance our understanding, especially the contextual conditions surrounding the relationship. Applying this theoretical framework to the disposal practices occurring in three cities in Ghana, this article offers insight into the culpability of landfills in negatively impacting property values. In an illuminating analysis, we argue that most engineered landfills in the country serve as a catalyst in correcting the ills of uncontrolled urbanisation (governance, attitudinal and financial constraints, etc.). We opine that landfills’ relationship with host communities must be understood in relation to our overall underdevelopment, coupled with the increasing economic and technical challenges shaping much of the country’s history.     

Die artgerechte Fütterung von Wildtieren und der Schutz männlicher Hühnerküken

Natur und Recht - Die EU hat keine originäre Regelungskompetenz für das Tierschutzrecht, verfügt aber in zahlreichen für den Tierschutz sehr relevanten Regelungsbereichen, wie...     

The institutional foundations of surf break governance in Atlantic Europe

Public Choice - The sport of surfing is best enjoyed with one rider on one wave, but crowding makes that optimal assignment increasingly hard to attain. This study examines the phenomenon of surf...