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Berta, Giuseppe
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2 articles of this author have been cited in the European Press Review so far.
A common social model for Europe
According to Giuseppe Berta, a professor of contemporary history at the Università Commerciale L. Bocconi in Milan, the European economy has changed drastically since the 1970s. "The rise of [intra-European] tourism, services, ... and the offer of culture... . These have become the growth engine, replacing industry. In today's Europe, the status of the market and competition has grown, without which the place of government would be greatly reduced. Europe is not America, ... we don't renounce the social state: this means investment in public infrastructure, education, etc. ... This model is common to governments of both the right and the left. It's not, therefore, on fundamentals that conservatives and progressives differ, ... but rather on foreign policy or civil rights."
» full article (external link, Italian)
More from the press review on the subject » EU Policy, » Europe
Could the stock exchange crisis last?
"When stock markets plunge into disarray, one question arises immediately: is this a crisis as big as the 1929 crash? Leafing through the past ten years' press, it is easy to note how frequently an analogy is made between the Great Depression and the occasional fall in the stock market." Giuseppe Berta, professor of industrial history, recognises that there are "of course affinities. The stock exchange also feeds on irrational impulses that incite instinctive acquisitions. ... The difference, from an historical point of view, is the capacity institutions have to deal with this panic. In 1929, this was lacking ... : the Great Depression was a fall no one knew how to respond to. ... If swinging from euphoria to panic is part and party of stock exchange mechanics, government efficiency and institutions' foresight are indispensable counterweights.”
» full article (external link, Italian)
More from the press review on the subject » Trade, » Europe
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