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Pierre Defraigne - Executive Director, Madariaga - College of Europe Foundation

Madariaga Paper, Vol. 4, No. 2 (Jan., 2011)

Gradual trade and FDI liberalisation remains the cornerstone of world economic prosperity through better allocation of resources and competition. Moreover, full pricing of environmental costs and benefits should contribute to the sustainability of the global economy. Multilateralism is the only true answer to the challenge of global economic governance for a multipolar world and the WTO is the cornerstone of multilateralism.

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Are Italian Savings Saving Italy?

Marco Giuli - Research Fellow, Madariaga - College of Europe Foundation 

Madariaga Paper, Vol. 4, No. 1 (Jan., 2011)

The aim of this paper is to suggest that some eurozone countries which dealt relatively well with the financial downturn due to a high rate of households savings will no longer be able to rely upon this cushion. Such a cushion worked well in Italy since a relatively low stock of private debt, along with conservative behaviour of the credit institutions, prevented an insulated financial system from collapsing with limited impact on public finances. However, a clear trend of erosion of private savings experienced by Italy over the last decades suggests that this might not last forever because of fundamental changes in cultural models and labour market institutions.

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Call for Papers

The EU and the Emerging Powers 2015: Cooperation and Competition in Knowledge and Technology

Deadline for Submission of Paper Proposals: 10 November 2014

Registration & Abstract Submission at:

The papers will be presented at an international Conference that will take place in Brussels in the last week of April 2015 

More info


Choosing between a Conflict and a Frozen Conflict

Marco Giuli/4 September 2014
Dying of Tactics? The UK Down a Dangerous Path
Marco Giuli/19 June 2014

Post-Electoral Remarks 

Marco Giuli/3 June 2014




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