Una nuova Italia in una nuova Europa. Investimenti, riforme, sostenibilità

Italy has been able to respond relatively positively to the health, social and economic crises caused by the pandemic thanks to its production system, strengthened in recent years, especially in certain areas. Economic recovery has been extraordinarily driven by manufacturing and construction. It has also shown resilience and competitiveness in foreign trade. Long term solid growth is possible for Italy if the current economic policies continue and are consolidated and if the recovery plan for Europe is fully exploited. Europe has adopted an unprecedented stimulus package to support and relaunch the EU’s economy with Next Generation EU and national recovery and resilience plans. Within the context of European integration, for the first time ‘Eurobonds’, issued by the European Commission, have been introduced to finance reconstruction and recovery. In addition to reforms, these resources are crucial for transitioning to a ‘new’ paradigm based on innovation and investing in needed transformations which require critical raw materials that are scarce and clean energy in order for the EU to pursue equitable and sustainable development. While the EU is defending itself well in the crisis, it cannot yet be stated that it has consolidated its role in a world with two contending giants (US and China) and various oligopolistic monopolies.