Coping with uncertainty: managing the present, planning the future
Uncertainty has become a structural part of daily life. This lack of fixed points of reference is having a major impact on people’s lives as (…)Coping with uncertainty: managing the present, planning the future
Finance, business, territory: the role of Italian banking foundations
Italian banking foundations provide a virtuous model that is studied around the world. These private institutions, subsidiaries of both community and public bodies, have the (…)Finance, business, territory: the role of Italian banking foundations
Assessing risk: business in global disorder
Russia’s invasion of Ukraine may be the harbinger of future threats rather than an exception, unfortunately. Yet some features of the conflict – especially in (…)Assessing risk: business in global disorder
Relaunching economic (and diplomatic) perspectives for Brazil
In assessing Brazil’s future prospects, one fact in particular could be summarized as follows: The country’s institutional-political system is solid (an aspect that makes it (…)Relaunching economic (and diplomatic) perspectives for Brazil
Prospects for international economy: markets, corporations and political risks in an electoral year
The contemporaneous outbreak of a series of crises across the world has led to the intensification of latent problems stemming from economic deglobalization. These underlie (…)Prospects for international economy: markets, corporations and political risks in an electoral year
Aspen Italia Initiative on Africa
Since the 1960s, several European and African countries have been working to redress the colonial legacy through economic partnerships. Italy has played an active part (…)Aspen Italia Initiative on Africa
Strengthening the Euro-Area. Financial and monetary challenges
Taking on the financial and monetary challenges in reinforcing the eurozone is no easy task given the current scenario; an especially complex one for the (…)Strengthening the Euro-Area. Financial and monetary challenges
Growth in Europe: the role of banks
Given the uncertainty of the scenario, banks are being reaffirmed as drivers of growth, although they cannot replace national and international institutions. Finance must serve as a support for businesses and families, notwithstanding the limitations of the European banking system, especially compared with the Chinese and American giants.
The Israel-Hamas war and its geopolitical and economic implications
A point of departure in analyzing the events of October 7, 2023 – both political and military – is the fact that the entire region and international community was taken entirely by surprise.
The Mediterranean: geopolitical challenges and opportunities for economic and social development
The recent eruption of conflict in the Middle East further complicates a fragmented world scenario devoid of the bi-polar security of the past and of (…)The Mediterranean: geopolitical challenges and opportunities for economic and social development
The future of capitalism
Democracy is beginning to falter – not least, and above all because, it is so inefficient. A democracy that cannot decide cannot satisfy one of its own basic prerequisites. Western political systems have been in crisis for years, and are now having to face competition from autocracies.
Demographic challenges: jobs and welfare
Italy’s demographic decline, while consistent with the trends of the principal advanced economies – described and analyzed in the latest issue of Aspenia – is (…)Demographic challenges: jobs and welfare
The future of the West in a fragmented world
Contemplation of the future of the West becomes especially vital for a fragmented world in the throes of rising geopolitical tension. The situation’s foremost victim is globalization, which for thirty-odd years seemed to have arrested history but whose dynamics have come forcefully back to center stage.
The causes and consequences of inflation
The data of the past 12 months speak loud and clear: inflation is back. After thirty years of relative price stability, 2022 will be remembered (…)The causes and consequences of inflation
Rethinking EU competitiveness in the changing geopolitical world
The discussion underway on European economic governance reform is part of a substantially uncertain and volatile macro-financial picture. The principal risks include stagflation, financial fragmentation, competitiveness problems (in light of the American Inflation Reduction Act) and the twin (digital and sustainable) transitions.
The start-up ecosystem: strategies for innovation, competitiveness and growth
Although far from the levels of other advanced economies, Italy’s start-up ecosystem has made considerable strides over recent years. Italy now has an opportunity to press forward and to make up for delays in the generation of innovative enterprises.
Digital finance: challenges and opportunities
Over recent years, new technological instruments have accelerated the digitalization of finance, radically changing the user experience and shaking the historic foundations of sector institutions. From the exponential growth of FinTech to the advent of digital currencies to the new frontier of the metaverse, the transformations have been far-reaching.
Corporate finance. The geopolitics of currencies and crypto-currency development
The dollar remains strong and, despite a few crises, is still the world’s preeminent reserve currency. The euro, on the other hand – although it does represent a solid and advanced economy – has not managed to become a reserve currency capable of replacing the dollar.
The Future of Currencies
The international financial system is in the throes of deep change as a result of the war in Ukraine – and not only. Upheaval is destined to continue. The dollar, reserve currency par excellence, will gain strength, while the euro, despite its aspirations to become the second global reserve currency, still has a long road ahead of it; and the difficult international situation will only contribute to widening the divide between the two.
Aspenia 96: Presentation – Monete e potere
Rome, 18 March 2022 –To tie in with the publication of Aspenia 96 (in Italian), Aspen Institute Italia will be holding an Aspenia Talk on “The future of currency” in digital mode at 18:00 on 23 March. The panel will be held on the Zoom platform and will be open to the press.