E&M

2021/2

Stefano Caselli

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 close to that of private equity. The management of the existing portfolio must abandon the logic of administration and shift to that of promoting value, and the public-private partnership approach must be spread to mobilize more resources and expand the range of goals to have a true economic and social impact.

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