Rome Polo Club
Via dei Campi Sportivi 43
Relazione di
Federico Carli, Presidente Associazione di Cultura Economica e Politica Guido Carli
The Old Continent is getting through troubled times. Over the last 20 years, the rate of growth of the European economy has been unsatisfactory. The roots thereof go beyond the global crisis: low productivity, stagnating wages, high unemployment, growing inequalities (both of income and wealth) between States and between individuals. In Italy, these phenomena have shown themselves with greater severity, and the current situation raises major concerns.
After the appointment of a renewed European Commission, and in the aftermath of Brexit, the European economic and political framework is even more complex because of the significant changes which are taking place on a global scale:
We are in the era of the so-called populisms, whose reasons we might not understand in depth, and which require us to analyze western societies through new paradigms;
We are at the beginning of migratory phenomena of unknown and perhaps unpredictable extent, whose magnitude is destined to exert enormous pressure on the entire West;
We are witnessing environmental upheavals that might be an actual threat for the entire human race;
We are in the midst of a technological revolution, whose effects are destined to change the ways of production and to create tensions between generations, between workers and between nations.
We are facing a new global geo-political order that obliges us to think in a different way than we did in the recent decades.
We are in a phase of cyclical slowdown in world economy, and this might become recession due to the uncertainty related to the new "coronavirus".
Italy must understand that these are the "darkest years" in its economic history since the Unification and must react to its decay.
Italy and Europe must rethink their own role: what should western countries do in order to win the global challenges that we are facing?
It's our responsibility to open a new era of development, capable of giving a new perspective of future to the younger generations in Italy and Europe.
