Tag Archives: Italy
Covid-19, Italy and Lessons for Canada
by Thomas Barbiero, Ryerson University and Livio Di Matteo, Lakehead University As Italo-Canadese and members of the large Italian diaspora throughout the world, we have found the COVID-19 situation in Italy truly heart-wrenching. As we write, Italy is the hardest hit country outside of China with over 60,000 confirmed cases and over 6,000 deaths. The […]
Is it Banking Crisis Season?
One really has to wonder if having the season move into “fall” is correlated with the fall of the financial sector. While some time in the making, the 2007-08 subprime financial crisis moved into crisis mode during August of 2007 and by early fall central banks had moved to lower discount rates and pump liquidity […]
Foreign Remittances, Immigration and Economic Development
In Europe, immigrants from developing countries come in to work and then often send back money to families. There are also alot of foreign workers in the higher income countries in Asia and the Middle East. According to a World Bank Report, the developing world is expected to receive $414 billion in migrant remittances in […]
Why I’m Not Worried About Italy’s Economy
With all the doom and gloom about Europe’s economy and the debt crisis, some recent statistics from the Italian Central Bank caused me to reflect that despite its problems, the Italian economy is more robust than one might think because of its strong performance when it comes to private wealth.
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