ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Italy in European Union

Philip Daniels The emerging economic model in Europe challenges key features of the post-war Italian political economy: the state's extensive involvement in industry; the cumbersome regulatory framework; the use of public expenditure to secure political consent; and devaluation as an economic tool to achieve competitiveness. Political modernisation is also important and the collapse of the cross-party agreement on constitutional reform in 1998 indicates how difficult change is in this area.

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