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Large-scale retailers Aim to Conquer the Silver Customer
The over-65 population segment is characterized by strong elements of diversity and cannot be considered as a single homogenous group, but to the contrary, requires careful and analytic profiling. The silver population has been neglected by commercial offers, especially as regards the purchase experiences of food products and the design of large-scale retail points of sale.#The silver segment particularly ...
The Reason of Optimism in Italy
To translate the potential advantage over foreign competitors into a reality, Italian businesses need to make an organizational change and strengthen their abilities in the sector of artificial intelligence; while important players for the economy such as institutions and business representatives must increase their efforts to provide all of the support necessary for the required technological upgrade. ...
Aggregate Demand is the Italian Problem
Between 1992 and 2018, the Italian economy saw a worrying slowdown of growth of aggregate demand, due above all to the significant contraction of private and public consumption. In the same period, Italy has been among the European countries that have made the greatest effort to reduce protections for insecure workers, leading to an exponential increase of workers with fixed-term contracts.#From a ...
Business-Labor: Equal Status and Common Planning
The pandemic has highlighted the fragilities and deep inequalities that characterize the current economic system. At the same time, a process has begun that requires a profound change, the participation of workers in business decisions. Fifty years after Italy's "Workers' Statute" was passed, the time has come to define a new statute that guarantees the same rights and protections, independent of ...
Four Possible Destinies for Labor Unions
Since the end of the 1970s, in almost all European countries the generational shift in the world of labor has caused a drop in the levels of unionization. Many factors have contributed to this decline, related to both the market and the organization of work. Deindustrialization, polarization of professional structures, and the increase of immigrant workers risk undermining the social cohesion between ...
All of the Doubts and Challenges within Confindustria
The representation of business interests is more difficult today than in the past, due to processes of differentiation of the system of businesses. In a nation like Italy, though, representation has a greater presence, because economics and politics are more interwoven than elsewhere. For decades Confindustria had a role of stable representation thanks to the strong political legitimation earned after ...
How and Why Solitude is Growing among Insecure Workers
At the end of 2019, the total number of insecure workers in Italy was 3.123 million, a figure that has certainly been aggravated by the explosion of the pandemic in the early months of 2020. The general weakening of labor unions can be attributed, on the one hand, to the reduction of demand for labor in sectors where they were traditionally the strongest (services); and on the other, to the changes ...
A New Model of Co-Responsibility
In recent months, the company committees created to combat the spread of the COVID-19 virus and to ensure business continuity have created a new model of co-responsibility between businesses and employees. This is a form of collaboration that labor unions could also adopt in the future, extending it to broader perimeters of bargaining.#A new level of participation of unions in the life of organizations ...
Nationalizations and Privatizations from a Historical Perspective
In Italy, the mixture between public and private has been an unavoidable characteristic in the nation's path of economic modernization. Between the nineteenth and twentieth centuries, state initiative gave concrete form to the unification of the country, providing indispensible infrastructure. The companies in the IRI group were then the protagonists of the "economic miracle," in which the attitude ...
Banks and Markets: Why They are Tools of Economic Policy
Markets and financial investments play a decisive role in favoring growth, that economic policy choices must permanently encourage. First of all, it is necessary to promote the use of the financial market and investor interventions (private equity, venture capital, PIR, ELTIF) in support of business equity.#Any public interventions in the economy must always have an explicit timeframe and a logic ...