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38 Shares Italy’s new government, led by the former President of the European Central Bank, Mario Draghi, has pledged to confront the key problems facing the country. Andrea Lorenzo Capussela argues there is nevertheless one notable omission in the plan Draghi has set out: collective action. To break from the inefficient equilibria that structure Italian society, citizens and firms must receive credible signals that change will be sustained. Sending them, however, would be an eminently political act. Rome’s new government has been praised for its programme and the quality of some of its members, and decried as ‘technocratic’. ‘Technocratic-led’ seems a better description, adopting the term from a useful analysis published on this blog: but this cabinet does mark a departure from the ordinary play of democratic politics, similar to those of 1993-94 (Ciampi) and 2011-13 (Monti). Warnings about the reaction of a citizenry that might feel dispossessed of a

Dani rodrikAlain supiotVittorio colaoMario draghiAndrea lorenzo capusselaEuropean central bankLorenzo capusselaTechnological innovationNext generationLse commentஐரோப்பிய மைய வங்கிதொழில்நுட்ப கண்டுபிடிப்புஅடுத்தது ஜெநரேஶந்ல்ஸ் கருத்து