E&MFLASH

2020-04-02 Roberto Ruozi

Competition and Concentration between Banks, Neobanks, and Payment Institutions

Competition and concentration are phenomena that simultaneously regard traditional banks, “neobanks,” and payment institutions. The first are proper financial intermediaries; the third are service companies that at least for now, do not intermediate anything; while the second are relatively hybrid entities, although it is difficult to generalize because they are very varied. The evolution of the context in which these three categories of operators act starts from the idea of being able to produce new financial services of various types, especially payment services, in a simple, low-cost, efficient, ...

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2020-04-02 Giuseppe Lavazza

Lavazza’s Response to the Great Challenge

The pandemic upon us has caused an emergency that will have a very significant impact on the international economy. Our country and its business and productive fabric will have to go through a test of resistance, just a short time after the one already passed after the financial crisis of 2008. This event - whose unforeseeability and rapid spread found us unprepared nationally and globally - forces us to rethink and reconfigure our way of approaching business, our relations with society, and our way of belonging to a community. Lavazza decided to act immediately, in the initial days of the crisis, ...

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2020-04-02 Giuseppe Lavazza

Lavazza’s Response to the Great Challenge

The pandemic upon us has caused an emergency that will have a very significant impact on the international economy. Our country and its business and productive fabric will have to go through a test of resistance, just a short time after the one already passed after the financial crisis of 2008. This event - whose unforeseeability and rapid spread found us unprepared nationally and globally - forces us to rethink and reconfigure our way of approaching business, our relations with society, and our way of belonging to a community. Lavazza decided to act immediately, in the initial days of the crisis, ...

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2020-03-29 Donato Masciandaro

The Rise of the Third King

In the weeks of the coronavirus, everything that has happened - or not happened - in American economic and monetary policy has immediately reverberated around the world, including through the channel represented by the dollar. It is no coincidence that the first coordinated action between the central banks of the United States, the European Union, the United Kingdom, Japan, Switzerland, and Canada was a dual intervention - the first on the 15th and the second on the 20th of March - aimed at strengthening dollar repo channels between the Fed and other central banks, both in terms of volumes, that ...

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2020-03-29 Donato Masciandaro

The Rise of the Third King

In the weeks of the coronavirus, everything that has happened - or not happened - in American economic and monetary policy has immediately reverberated around the world, including through the channel represented by the dollar. It is no coincidence that the first coordinated action between the central banks of the United States, the European Union, the United Kingdom, Japan, Switzerland, and Canada was a dual intervention - the first on the 15th and the second on the 20th of March - aimed at strengthening dollar repo channels between the Fed and other central banks, both in terms of volumes, that ...

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2020-03-26 Zenia Simonella

Is a New Division of Work Possible?

In this period of emergency, family (im)balance is being put to the test by people being forced to be constantly together in the home. The question is: when mutual help between partners becomes essential, is a greater sharing of domestic work and care also emerging? For the moment, the answer seems to be no. An investigation conducted by the Valore D association on the issue of female smartworking[1] stresses that in Italy one out of three women is working more than before and is unable to reconcile her work activity with home life. Home work and care, which has increased out of all proportion ...

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2020-03-26 Zenia Simonella

Una nuova divisione del lavoro è possibile?

In questo periodo di emergenza, il (dis)equilibrio familiare è messo a dura prova dalla convivenza continua e forzata delle persone nell’ambiente domestico. Ma, laddove l’aiuto reciproco tra i partner diventa essenziale, emerge anche una maggiore condivisione dei carichi di lavoro domestico e di cura? Sembra per il momento di no. In un’indagine condotta dall’Associazione Valore D sul tema dello smartworking al femminile[1] si sottolinea come in Italia una donna su tre stia lavorando più di prima e non riesca a conciliare la sua attività lavorativa con la vita domestica. Il lavoro domestico ...

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2020-03-25 Cecilia Attanasio Ghezzi

Mask Diplomacy

They are already calling it “mask diplomacy.”[1] Selling medical devices in the time of Covid-19 is highly profitable, and China is starting to convert its economy. In just one month, it has gone from 20 to 116 million masks a day. And that’s still not enough. The new business involves both state-owned companies and small factories, incentivized with subsidies and tax reductions, interest-free loans and preferential channels to obtain the necessary documents and approvals. The result? Sinopec, that we could define as a state-owned multinational in the petrochemical field, has inaugurated ...

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2020-03-25 Cecilia Attanasio Ghezzi

Mask Diplomacy

They are already calling it “mask diplomacy.”[1] Selling medical devices in the time of Covid-19 is highly profitable, and China is starting to convert its economy. In just one month, it has gone from 20 to 116 million masks a day. And that’s still not enough. The new business involves both state-owned companies and small factories, incentivized with subsidies and tax reductions, interest-free loans and preferential channels to obtain the necessary documents and approvals. The result? Sinopec, that we could define as a state-owned multinational in the petrochemical field, has inaugurated ...

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2020-03-22 Marco Giordani

Multimedia Publishing Faces the Test of Covid-19

Being a multimedia outlet in the era of Covid-19 is a daily challenge that necessarily requires a keeping one eye on the present, and the other looking to the future. When the first signs arose at the end of February, Mediaset took measures to face what was an unprecedented crisis. The initial goal was to guarantee the safety of the company’s personnel; the second was to adopt methods of operation that would guarantee the continuation of activities, that in this period can be considered a true public service. The first meeting of the Crisis Committee (created within the organization in November ...

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