Tremonti, duello con Bankitalia “Abbiamo fatto tutto il possibile”

The crisis currently in progress is exceptional for many reasons, including the fact that it seems to be the culmination of a series of rapid-growth phenomena. The globalization of the 1990s, while producing many positive effects, was too fast and was not accompanied by a sufficient adaptation of the major multilateral institutions, the rules (especially in the financial sector) and the world monetary system itself.