The question now is what kind of shock would be required to - TopicsExpress

The question now is what kind of shock would be required to motivate Italians to demand similar action. Adopting the euro in 1999 clearly was not sufficient, nor has rising competition from emerging economies spurred Italians to halt their country’s decline. But, unless they begin demanding that their leaders address the country’s many economic challenges instead of attempting to wait them out, Italy may well be doomed to a Japanese-style lost decade – or two. Read more at project-syndicate.org/commentary/the-danger-of-a-japanese-style-lost-decade-for-italy-by-federico-fubini#ZTiR3fX5O6fyfCsi.99

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