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Magazine article (E&M - 2023/4) Ruta Dino, Palmieri Antonio

Why Sports Facilities Are a Winning Business (for Everyone)

Modern stadiums and arenas are no longer just places of play; they are also spaces that catalyze economic growth and social change within their communities. In a context where the demand for sports and entertainment is constantly increasing and evolving, the convergence between business and facility development has become more evident than ever. According to PwC's Sports Outlook 2023 report, it is ...

Magazine article (E&M - 2023/4) Zirpoli Francesco

The Great Challenges for Italian Industry

The automotive industry represents one of the pillars of the Italian economy. However, starting from 2000, the crisis of the FIAT production model, culminating in the merger between FCA and PSA, has led to a significant contraction in production and, consequently, in turnover. Italy remains an important player but risks lagging behind, threatened by the competition from other European countries. There ...

Magazine article (E&M - 2023/4) Moretti Anna, Li Pira Stefano

The Electric Revolution of the Italian Automotive

The automotive industry is a central sector for the European economy, both in terms of its contribution to the generation of economic value (estimated at around 4% of European GDP) and the direct or indirect employment of over 12 million people. The importance of the industry for European and national economies makes competitiveness and sustainability fundamental priorities for policymakers. In a ...

Magazine article (E&M - 2023/4) Bubbico Davide

Transition to Electric: the Risks for Employment

The electric vehicle industry will have an impact on employment whose extent is debated by experts in the field. The Italian plants of Stellantis and companies related to the powertrain will likely face additional challenges beyond just electric vehicles themselves. What is apparent is the absence of an industrial policy and employment requalification initiatives, a situation that risks further compromising ...

Magazine article (E&M - 2023/4) Colm Laura

Sustainable Mobility Between Obligation and Aspiration

Sustainable urban mobility has become a crucial objective in response to global climate change and the United Nations' 2030 Agenda. The 2015 Paris Accord drew attention to the need to reduce greenhouse gas emissions and limit global warming, with the European Union even aiming for climate neutrality by 2050. This necessity implies a fundamental reform of mobility in urban areas. Smart cities are adopting ...

Magazine article (E&M - 2023/4) Perugini Mario

A Great Future Behind Us?

The history of the Italian automotive industry, from the birth of FIAT to the formation of the Stellantis Group, represents a path that has not always been linear, marked by economic growth and contraction of productivity, labor disputes and more or less satisfactory agreements. The entry of Sergio Marchionne into the FIAT Group marked an international opening that, while avoiding the collapse of ...

Magazine article (E&M - 2023/4) De Palma Michele

Public Policies for Recovery

The crisis in the Italian automotive sector, which has been ongoing since the late 1990s, affects all sectors of the industry: from production to employment, from the lack of investments in R&D to the delay in the ecological transition. Labor unions play a crucial role in proposing agreements that can revive employment and stimulate the investments necessary for sustainable growth.

Magazine article (E&M - 2023/1) Zadro Alessandro

Risks and Opportunities for Italian Businesses

In 2022, the global economy had to face considerable uncertainties, principally linked to the increase of inflation, the lack of energy, and the interruption of supply chains. Despite the difficult historical and global situation, economic and trade cooperation between the European Union and China and between Italy and China seems to maintain prospects for long-term growth. The actors involved are ...

Magazine article (E&M - 2023/1) Franceschini Ivan

The New Silk Road. One, None and a Hundred Thousand

Some time ago, a friend who works for a non-governmental organization was interviewed by a journalist regarding the risks linked to some Chinese projects to construct coal-fired power plants in a certain country of Southeast Asia. Although the local authorities had promised to work towards a carbon-free future, some of these projects had not been abandoned, and the journalist wanted to know if the ...

Magazine article (E&M - 2023/1) Amighini Alessia

The Internationalization of the Chinese Currency

The net outflow of capital from China is continuing and getting worse. In recent months, according to data from the International Institute of Finance (IIF), foreign investors have sold their Chinese shares and bonds for a value equivalent to 17 billion dollars, a historic high. This sell-off, driven principally by high outgoing Chinese investments, also during the years of the pandemic, follows almost ...