What is Holding Italy Back?
November 09, 2011 at 06:35 AM EST
Italy’s debt crisis has caused political upheaval. What can be done to cure the country’s decade-old growth slump? Since Italy’s capital investment, educational attainment, and market regulation improved during the last ten years, this column says its growth troubles lie in its governance problems, which worsened dramatically. Italy’s economy has clearly underperformed since it entered [...]