http://http://dspace.unitus.it:80 The DSpace digital repository system captures, stores, indexes, preserves, and distributes digital research material. 2013-06-19T20:37:12Z http://hdl.handle.net/2067/626 Title: Sulla concorrenza e sull’uso della matematica in Sylos Labini Authors: Savona, Paolo 2008-12-03T14:36:59Z http://hdl.handle.net/2067/635 Title: Omaggio a Paolo Sylos Labini Authors: Savona, Paolo 2008-12-03T14:50:22Z http://hdl.handle.net/2067/1272 Title: The souvlaki connection: some reflections on the Greek public debt crisis. Authors: Oldani, Chiara; Savona, Paolo Abstract: After the subprime credit crisis of 2007, the world is no longer what we thought. An unprecedented crisis of confidence was combined with a credit crunch, and the G20 countries had to enact massive public spending programmes to save the economy and at least buffer the inevitable hard landing. In 2010 this excessive public spending produced the first public debt crisis in the wake of the subprime crisis: Greece reported that in 2009 it had run an unprecedented deficit of 15.4 per cent of GDP, and that its public debt had skyrocketed to 126.8 per cent. The Greek crisis is the product of years of recession, the sluggish economic environment and poor productivity – but above all it is the product of the mismanagement of the public finances and of unsatisfactory reporting practices. In this essay we analyse this crisis in the context of the era of financial derivatives and underscore a number of crucial effects that have been largely ignored in both academic discussion and public debate. 2009-12-31T23:00:00Z http://hdl.handle.net/2067/2167 Title: Crisis, response and innovation in Europe Authors: Oldani, Chiara; Savona, Paolo Abstract: The close economic ties between Europe and the United States and the City of London’s crucial global monetary and financial role were the conduits for the lightning-fast spread of the crisis triggered by the sub-prime mortgage defaults in the U.S. and the consequent fall in global real aggregate demand. The effects of this twofold crisis differed among euro area countries, among non-euro European Union countries, and among such neighbouring non-members as Turkey and Russia. The differences appear to have been sharpest in the euro group. 2010-12-31T23:00:00Z