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The response to the global financial turmoil in Italy: a financial system that does not speak English
journal contribution
posted on 2023-06-07, 23:08 authored by Lucia QuagliaAddressing the response to the global financial turmoil in Italy, it is argued that in comparison with other financial systems in Europe and worldwide, the Italian financial system has not been dramatically affected by the financial turmoil for two main reasons: the solid framework for financial regulation and supervision and the traditional unsophisticated configuration of financial activities in Italy. However, the economic recession that hit the real economy as a consequence of the financial market turmoil is likely to be heavy and prolonged in Italy.
History
Publication status
- Published
Journal
South European Society and PoliticsISSN
1360-8746Publisher
Taylor & FrancisExternal DOI
Issue
1Volume
14Page range
7-18Pages
12.0Department affiliated with
- Politics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-02-06Usage metrics
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