Yes, It Can

–– Rejoinder, 19 Years Later ––
The opening paragraph to the article, written almost two decades ago, fits nicely with today’s perspectives and discussion about the future of European integration in the aftermath of the Great Recession. Indeed what, to me, is most surprising in rereading the article, is the number of issues that continue to be relevant today in describing the European and Italian economies and the policy challenges they face. […]