The Dynamics of the Price Structure and the Business Cycle

By exploring the price dynamics and business cycles of the Italian economy with reference to the most important international events, this text sheds new light on the country’s current situation. Using a long-term analytical framework underpinned by principal theoretical approaches, the analysis places particular emphasis on price dynamics. The text begins with the country’s post-war difficulties and then covers the boom-and-bust period of the Italian miracle, before moving on to the lasting inflationary process of the /0s and 80s, and finally, the financial crisis of the 90s and the beginning of the new century. The positive and negative aspects of policy measures are also investigated.