A careful reading of the changes taking place in Italy and throughout the world clarifies what and how it is moving

 

 The awareness of the location of one’s business continues to be one of the best elements for the creation and management of a good business. Luigi Einaudi’s statement still applies today, decades later, i.e. you need to know in order to decide, and therefore manage well, expertly lead, cautiously predict a complex world that becomes increasingly diverse day after day. Knowledge therefore as a wise and important instrument of corporate culture.

Hence the importance also of carefully reading “Il mondo cambia pelle?” (Is the world changing skin?), in other words the XXIII Report on the global economy and Italy that the Einaudi centre in Turin has just published. Coordinated by Mario Deaglio  (Emeritus Professor of International Economics at the University of Turin) the book – also the result of contributions from Chiara Agostini, Giorgio Arfaras, Francesco Beraldi, Gabriele Guggiola, Paul Migliavacca, Giuseppe Russo and Giorgio Vernoni – continues the series of volumes that each year attempts to focus on the position of our country within the framework of movements in the rest of the world and which, for this edition, is identified as an entity “undergoing change, especially the West to which we belong.”

The analysis is therefore conducted on the basis of certain great landmarks: the rift that runs along the Atlantic, between Europe with its nearing election day and Donald Trump’s America that defies international trade; the difficult equation between occupation and capital ten years after the Lehman Brothers bankruptcy; Moscow at the crossroads between Washington and an increasingly Chinese Asia. This is in fact the context in which Italy finds itself in pursuit of a way through the end of ideologies and new paradigms of sustainability – not only environmental but also political, financial and social.

The book therefore starts with an analysis of growth (weakened), and then moves on to an investigation into the ties between occupation and capital (both of which require redefinition that is no easy task). The book then focuses on the current geopolitical situation and then provides an in-depth analysis of the Italian situation. The conclusions then investigate the concept of sustainability, updating it in the light of the latest developments that lead to what is referred to as a “circular economy.”

Reading the Report is not always easy, but it is certainly useful, specifically to build that awareness that was mentioned at the start.

 

Il mondo cambia pelle? (Is the world changing skin?)  XXIII Report on the global economy and Italy

Mario Deaglio (edited by)

Guerini e Associati, 2019

05/02/2019