Competitiveness and Italy’s job market
Kick-starting proceedings at this national roundtable event was recognition that debate on the state of the labor market in Italy and reflection on how the country measures up with conditions and models in other countries (Germany and the Netherlands in particular) are now more than ever imperative, at a time when the jobless rate is higher than the EU average (and is, indeed, the highest for youth unemployment), and when manufacturing output and consumer prices are in decline.
Focus on industry: how to increase competitiveness?
Opening proceedings at this ASL session was the observation that industry is once more the focus of economic growth strategies in the major advanced economies, having been so all along in emerging markets. Taking off first in the US, this approach has recently gained purchase in Europe as well, such that industrial policy, which until a few years ago was considered old hat, has again become key in the formulation of economic policy strategies.
Competing on international markets: economic challenges for businesses and professionals
It was observed at this meeting of Former Aspen Junior Fellows that Italy’s current prime objective is economic development. To aid recovery, the country must make the most of every resource at its disposal. In addition to firms, institutions and social partners, this joint undertaking was also requiring the involvement of professionals, who contribute 15% of GDP and represent nearly two and a half million highly-skilled individuals, of whom one-third are between 30 and 40 years of age and a significant proportion are female.
The labor market, competitiveness and human capital
The participants at this National Conference noted that for decades the relationship between labor and capital in Italy seems to have swung periodically between the antitheses of cooperation and conflict – of subscribing to a shared mission and engaging in confrontation as a matter of principle. Ranged on one side has been a notion which views a business as a community of men and women intent on achieving shared objectives, and on the other has been a more class-conscious approach, grounded in the competing interests of all the various actors in the labor market.