The roundtable got underway with an examination of the twofold characterization of Italian exports that has, for over a decade, been a core theme in public debate over the competitiveness of the Italian economy in the age of globalization – one which sees exports both as a driver of Italy’s growth and, at the same time, as a reflection of the outward-looking nature of the Italian production system.
Roots in the plural, put together like a mosaic of contributions and meanings that are sometimes even at variance: the foundations of Italian culture, it was suggested at this roundtable discussion, cannot be otherwise described. Formed from a diverse array of knowledge, customs and learning, Italian culture has over time developed a pluralistic unity.
Discussions at this talk-debate, organized in collaboration with ISPI and TG1, focused on assessing the first year of Obama’s presidency, and examining the economic and financial crisis and the mechanisms developed to overcome it, as well as the relationship between the new US administration and Europe.
The debate over the need to broaden the scope of economic indicators – and more particularly, moving beyond measurements of GDP – has inspired a wide range of studies on the topic both in Italy and abroad. This roundtable event examined a recent Aspen Institute Italia-Fondazione Edison study entitled “Italy in the new geo-economy of the G-20”, which aims to contribute further to this discussion. The study reveals an Italy that is better-placed than indicated by traditional rankings and compares favorably with other industrialized economies in numerous fields.
Proceedings at this roundtable discussion got underway with the acknowledgement that, in recent years, consideration of the question of how to measure economic performance and social progress has gone far beyond the concept of Gross Domestic Product. This is true of the efforts of national statistical institutes, major international organizations, as well as the academic and research sphere. Today, there is a vast array of knowledge and statistical data available, enabling a much more comprehensive grasp of economic activities and their actual value.
The current economic crisis is subjecting the entire “EU system” to conflicting pressures. On the one hand, the search for a synergistic and coordinated approach to economic policies would undoubtedly be facilitated if its joint institutions were performing well.
During this lecture, it was highlighted that 2009 marks two important events for Europe: the 20th anniversary of the fall of the Berlin Wall, and, with the coming into force of the Treaty of Lisbon on December 1, the end of the third stage in the construction of Europe, which during the period 1990-2009 saw a major enlargement of the Union to include new members together with a first attempt at establishing a European Constitution.
The National Conference got underway with the observation that one of the negative effects of the international financial crisis has been to halt debate on the problems afflicting the savings market in Italy, and on what measures are needed to overcome them. These problems were already beginning to emerge as early as the late 1990s, but they have become more evident as a result of the crisis.
The starting point for the discussions at this event was scientific method, with an emphasis on the complex and often problematic interaction of the “exact” sciences with politics and, more particularly, with the media – an indispensable vehicle for getting through to the general public and hence, indirectly, to leaders. It was stressed that complete adherence by physicists and biologists to professional ethics is essential if knowledge is to be used properly in addressing many social and economic problems.
The 14th Annual Conference of the Friends of Aspen, held at the Palazzo Litta in Milan, featured a debate on the ways in which a combination of culture and innovation could give rise to new forms of leadership capable of revitalizing Italian economic life – particularly its entrepreneurial scene.
As is now customary, the Conference – chaired for the first time by the group’s new president, Beatrice Trussardi – also provided an opportunity to introduce new members to the group and to present the group’s activities to them.
The participants at this roundtable event noted that, in terms of Italy’s economic development and competitiveness, regulatory simplification represents a fundamental challenge for the modernization of the country. Unnecessary red tape – the result of the application of obsolete laws – places a burden on both individuals and businesses which effectively amounts to a form of hidden taxation. Put in other terms, it represents an engaged handbrake on an economy that needs to take off again.
This Seminar, organized in conjunction with The Aspen Institute, America, examined the relevance today of Enlightenment values through the analysis of more than forty texts by American and European authors – including several Italian writers – which paved the way for contemporary thinking. The Seminar got underway with a look at the contradictions of our time, caught as it is between universalist idealism and the need for concrete responses to global problems.
The seminar got underway with the participants recalling that when Charles De Gaulle met André Malraux in the aftermath of the Second World War, he said to him, “D’abord le passé”, meaning that a sense of history enables each of us to look back at the past to find our way out of a current critical phase and work towards building the future.
The participants in this talk-debate noted that by acknowledging the existence of various “Souths” in Italy rather than continuing to speak of “the South”, efforts have been made in recent years to mitigate the persistence of the serious and unresolved question of the South. The underlying hope has been that, by differentiating between the various areas of Italy’s Mezzogiorno, widespread change and gradual renewal might be encouraged to take root.
The seminar discussions got underway with the observation that international energy markets are the litmus test of a crisis whose outcomes are still uncertain. The dramatic slump in global demand has triggered a sharp fall in prices, but speculative interests and unfounded concerns that the peak oil point is approaching continue to artificially sustain share prices at levels that lack any sound market justification.
The Seminar discussions highlighted the divide that exists in Italy today between the core research sector and the business world. It was noted that there is a lack of osmosis capable, on the one hand, of making the most of potential and, on the other, of integrating it into a productive strategy to support the country’s economy. There is a need for the State to coordinate research centers, health authorities, industry and the regulatory sphere, in accordance with policy choices formulated on the basis of the health needs of the country.
The participants in this seminar observed that after the shock of the crisis, the economy is searching for ways and means of coming out of the recession with a new model for growth. The first signs of recovery are raising hopes everywhere that the worst may be over – even in Italy. However, despite indications emerging from the financial market, the impact of the crisis on the real economy and employment are far from being a thing of the past.
This seminar examined developments in the concept of progress and in models of capitalism in light of the profound economic and social changes wrought by the financial and economic crisis.
