Riccardo Crescenzi

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    Improving transport infrastructure is not a silver bullet for boosting growth

Improving transport infrastructure is not a silver bullet for boosting growth

Transport infrastructure investment is a cornerstone of growth-promoting strategies in the European Union. Yet, investment in new infrastructure is not always conducive to stronger economic performance. Drawing on a recent study, Riccardo Crescenzi, Marco Di Cataldo and Andrés Rodríguez-Pose write that in contexts marked by weak and inefficient governments and widespread corruption, different types of road investments often yield […]

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    From brain drain to brain circulation: How labour mobility can help less developed European regions

From brain drain to brain circulation: How labour mobility can help less developed European regions

One of the potential problems created by the free movement of people is that skilled workers are drawn toward more developed areas, undermining the development of their own regions. As Riccardo Crescenzi, Nancy Holman and Enrico Orrù write, this process, commonly referred to as ‘brain drain’, can present a number of challenges for less developed European regions. However, drawing […]

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    Beyond the nation state: How European cities and regions responded to the financial crisis

Beyond the nation state: How European cities and regions responded to the financial crisis

The financial crisis affected European countries in radically different ways, with some countries emerging relatively unscathed, while others suffered extreme economic problems that still persist today. But as Riccardo Crescenzi, Davide Luca and Simona Milio outline, the effects were also substantially different between individual cities and regions. Based on recent research, they demonstrate which regions were best placed to […]

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In Italy, social capital can bridge disconnected communities and encourage innovation.

Economic performance is highly dependent upon underlying social and institutional structures. Riccardo Crescenzi and Luisa Gagliardi write that Italy has proven a very interesting ‘laboratory’ to test this link by looking at the impact of different forms of social capital on innovation. Although social structures and behaviours tend to be resilient and difficult to alter, recent research suggests that forms […]

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