Filippo Santi

That’s like what’s been for Italians with Berlusconi 20 years earlier

It was a pleasure having you! I hope we’ll meet again soon!

I mean, we have a few close-to-be-tax havens within the monetary union alone…i don’t see them wanting a unique fiscal entity either

I’m unfortunately not putting the superbonus aside, just sidining this to avoid making it the whole point, since it triggers enough shame to defuse any reasoned answer. However, i don’t see the “south” alone to be the ones not wanting the fiscal union.

On that, there’s no debate! 😁

Learn their lesson going back to the national currency. Especially because when we had it, we were even less disciplined (again, let the superbonus and many other i could list here sink for a moment)

That’s totally another story, and the monetary without fiscal union is a major shortcoming. Fiscal union should be priority, knowing that a federal EU (or at least Euro-area) is unthinkable for now, but we should push for this rather than argumenting that Italy and other “southerner” countries would

So i guess post re-unification salvaging of eastern germany economy has nothing to do with raising populism mostly in…east Germany? We too (i guess you figured out me being Italian) have our bunch of populism, saying it’s fault of the Euro is unfair and a good way to dodge responsibility of politics

But northernern benefited from having PIIGS to blame - and to absorb excess savings…To mention one, Germany’s “good housewife” approach to economic policy needed this.

Nothing to say about superbonus…(which btw is kind of a cheap way to win an argument by removing any possible counterargument) but the point is, would a legacy currency prevent this? Not sure. Would lesser integration lead to dis-integration? Unfortunately, less unsure.

Giving up on them would make things worse, not better for any MS, not just Italy

With all due respect, this sound a lot like wishful thinking on how Italy used to (and unfortunately would) work given the possibility of devaluating at will. the panacea to cure all illnesses. should have germany re-valuate euro to match its economic condition? EURO & EU are political projects

The #itsg 2025 workshop came to an end. The local organizing committee is grateful to all the participants for the super interesting and stimulating discussion. Next meeting will be in Milan, September 2025. More info on fondazionemasi.it/italian-trad...
#UniBO #EconSky

#itsg 2025 - Alberto Pozzolo (Roma Tre): #migration choices are influenced by the characteristics of all possible destinations, not just those of the destination country finally selected.
#UniBO #EconSky #

#itsg 2025- Elena Rossi-Espagnet (Sapienza): Looking at push factors, #emigration from Africa is strongly affected by #demographic factors. Sensitivity to #naturaldisasters and #labor force dynamics also appears to by higher than in other parte of the world. #UniBO #EconSky #HumanMobility #Africa

Carbon club-like harmonization of carbon pricing (via provision in TA) can be used to make pareto-improving trade and climate agreements for both net exporters and importers

#itsg 2025: @faridfarrokhi.bsky.social (BU): disconnect between #climate and #trade #agreements create cross-externalities. Looking at #energy, it confuses terms-of-trade and climate effects. But interaction likely involve transfers between importers and exporters
#UniBO #TradePolicy #CarbonPricing

#itsg 2025 - @hubertmassoni.bsky.social ( #UniBO): #weather #disasters hitting trade infrastructure trigger re-routing from exporting #firms, increasing #tradefrictions through increased transportation and congestion costs and disrupting firm-to-firm transactions.
#climatechange #spillovers

#itsg 2025 - Gianluca Orefice (Dauphine): More liberalization -> more emissions? Not for #air #services. Air Service Agreement reduces #emission per passenger in response to more efficient re-organization of routes. more liberalization would push emissions further down.
#UniBO #EconSky #ASA

#itsg 2025 - Cosimo Beverelli (UniMORE): Environmental #regulation affects #services #import? Indeed. More stringent EP - especially non market-based ones - positively affect services #Trade, but most of the effect is driven by imports.
#UniBO #EconSky #services #environment

#itsg 2025 - Luca Macedoni (UniMI): Evidence from #US consumers. #tariffs are regressive, bad for household welfare, hits price index more for poorer households. Richer household can re-structure consumption switching to less exposed varieties.

The paper studies the effect of the US unilateral export tightening on semiconductor to china. Trade diversion through non-coordinated countries reduced effectiveness. US export restrictions benefited other countries, as China found other ways to source critical equipment #TradeWar

#itsg 2025: Andrea Ciani (JRC): growing reliance on unilateral #exportcontrols on the ground of #nationalsecurity have unintended consequences when non coordinated internationally. Trade diversion + incentive to innovate mitigate intended effects #UniBO #EconSky #Trade #TradePolicy

#itsg 2025: @inmamartinezz.bsky.social (Jaume 1): Stringency of domestic #environment #regulation is correlated with increase in #Trade from countries with less stringent policies. This is stronger for "dirty" industries, providing evidence for #PHH.
#UniBO #EconSky #GVCs #Pollution

#itsg 2025 - Anna Ferragina (UniSalerno): #GreenExports are positively associated with #Green #Innovation but only if partner is tech. advanced, imports facilitate catch-up. Policies should target more technologically advanced partners and provide incentives for tech adoption #UniBO #EconSky #Trade

#itsg 2025: Christoph Ernst (ILO): trade war might undo progresses in the "green economy", causing major losses in terms of employment in green goods sectors. But, results likely specific to sector and labor force composition.
#itsg #UniBO #EconSky #GVCs #Trade #GreenGoods #employment

ITSG 2025 - Antonella Nocco (UniSalento): Call for internationally coordinate, non-discrimintatory industrial policy to promote global efficiency and mitigate market power distortion. But, global and local tools required to address misallocation #itsg #UniBO #EconSky #GVCs #Trade #industrialpolicy

ITSG 2025 - Alberto Petrucci (Luiss): Organizational Capital positively affect trade on both margins, and help neutralize adverse interest rates shocks from tightening financial conditions #itsg #UniBO #EconSky #GVCs #Trade #interestrates

ITSG 2025 - Carlo Altomone (Bocconi): business groups restructure when exposed to natural disasters. Reorganization affects non-exposed subsidiaries, reducing overall subsidiaries and layers within the business group. Less complex activities are reduced more #itsg #UniBO #EconSky #TradePolicy #GVCs

#EconSky