EU officials must recognize that the country needs stimulus.
- Ashoka Mody
Europe’s leaders have come down hard on Italy for its plans to increase spending with the aim of boosting growth and helping the poor. What they fail to recognize is that a little stimulus might be just what the…
The outlook for the global economy is deteriorating more rapidly than forecasters realize.
A slowdown in China has hit global trade, European exports are decelerating, and euro-area business sentiment is sharply down.
All this can’t help but affect Italy, where industrial production is barely increasing and a…