L’alternativa democratica: Umberto Zanotti Bianco, il sud Italia e il Mediterraneo tra grande guerra e fascismo.

L’impegno civile di Umberto Zanotti Bianco (1889-1963) intrecciandosi ai principali eventi storici della prima metà del Novecento ha concorso a fare del Mezzogiorno d’Italia un laboratorio per una concreta emancipazione delle fasce sociali più umili. In queste coordinate l’azione di Zanotti Bianco è emblematica: supera la visione conservatrice di un sud incapace di fare emergere saperi e capacità organizzative mirando invece attraverso chiari, determinati e moderni progetti di riforma a far crescere il lievito della consapevolezza e della capacità di governarsi. Si può legittimamente sostenere che la complessa azione di Zanotti Bianco, pur partendo dalle migliori e più avanzate forme del pensiero meridionalista di inizio secolo, nella pratica tende a superare anche queste collocando la questione del Mezzogiorno d’Italia non solo nello scenario nazionale, tipico della fondamentale e già innovativa riflessione intorno al sud sviluppatasi da Villari a Salvemini, ma proietta le problematiche del meridione all’interno di un quadro europeo con una spiccata vocazione mediterranea. In sostanza i piani dell’intervento sociale, studiati e messi a punto inizialmente in Calabria e nelle regioni economicamente depresse del nostro Mezzogiorno, per Zanotti Bianco sembrano essere da modello anche per le più complesse questioni sociali di altri popoli del bacino del Mediterraneo i quali (come le popolazioni dell’Italia meridionale in quegli anni) apparivano deficitarii di strumenti per lo sviluppo economico, sociale, politico: è questa la tesi qui proposta.

Financial Development and Economic Growth: Time Series Evidence from Albania

The main objective of this thesis is to explore the short and long run causality patterns in the finance – growth nexus and finance-growth-trade nexus before and after the global financial crisis, in the case of Albania. To this end we use quarterly data on real GDP, 13 proxy measures for financial development and the trade openness indicator for the period 1998Q1 – 2013Q2 and 1998Q1-2008Q3. Causality patterns will be explored in a VAR-VECM framework. For this purpose we will proceed as follows: (i) testing for the integration order of the variables; (ii) cointegration analysis and (iii) performing Granger causality tests in a VAR-VECM framework. In the finance-growth nexus, empirical evidence suggests for a positive long run relationship between finance and economic growth, with causality running from financial development to economic growth. The global financial crisis seems to have not affected the causality direction in the finance and growth nexus, thus supporting the finance led growth hypothesis in the long run in the case of Albania. In the finance-growth-trade openness nexus, we found evidence for a positive long run relationship the variables, with causality direction depending on the proxy used for financial development. When the pre-crisis sample is considered, we find evidence for causality running from financial development and trade openness to economic growth. The global financial crisis seems to have affected somewhat the causality direction in the finance-growth-trade nexus, which has become sensible to the proxy used for financial development. On the short run, empirical evidence suggests for a clear unidirectional relationship between finance and growth, with causality mostly running from economic growth to financial development. When we consider the per-crisis sub sample results are mixed, depending on the proxy used for financial development. The same results are confirmed when trade openness is taken into account.

Understanding Recent Developments in the Turkish Labor Market: Empirical Essays with a Gender Focus

This dissertation comprises three essays on the Turkish labor market. The first essay characterizes the distinctive characteristics of the Turkish labor market with the aim of understanding the factors lying behind its long-standing poor performance relative to its European counterparts. The analysis is based on a cross-country comparison among selected European Union countries. Among all the indicators of labor market flexibility, non-wage cost rigidities are regarded as one of the most important factors in slowing down employment creation in Turkey. The second essay focuses on an employment subsidy policy which introduces a reduction in non-wage costs through social security premium incentives granted to women and young men. Exploiting a difference-in-difference-in differences strategy, I evaluate the effectiveness of this policy in creating employment for the target group. The results, net of the recent crisis effect, suggest that the policy accounts for a 1.4% to 1.6% increase in the probability of being hired for women aged 30 to 34 above men of the same age group in the periods shortly after the announcement of the policy. In the third essay of the dissertation, I analyze the labor supply response of married women to their husbands' job losses (AWE). I empirically test the hypothesis of added worker effect for the global economic crisis of 2008 by relying on the Turkey context. Identification is achieved by exploiting the exogenous variation in the output of male-dominated sectors hard-hit by the crisis and the gender-segmentation that characterizes the Turkish labor market. Findings based on the instrumental variable approach suggest that the added worker effect explains up to 64% of the observed increase in female labor force participation in Turkey. The size of the effect depends on how long it takes for wives to adjust their labor supply to their husbands' job losses.

Enti locali e società di capitali nella gestione di servizi pubblici locali e strumentali

La gestione di servizi pubblici locali e di servizi strumentali tramite società di capitali partecipate da enti locali viene esplorata in vista di una riconsiderazione generale del sistema all'interno del contesto socio-economico sviluppatosi negli anni successivi alla crisi economica mondiale dell'anno 2008.

Credit-Default-Swaps and the 2008 Financial Crisis: An Inquiry into the Underlying Legal Origins and the European Union’s Regulatory Reforms

After the 2008 financial crisis, the financial innovation product Credit-Default-Swap (CDS) was widely blamed as the main cause of this crisis. CDS is one type of over-the-counter (OTC) traded derivatives. Before the crisis, the trading of CDS was very popular among the financial institutions. But meanwhile, excessive speculative CDSs transactions in a legal environment of scant regulation accumulated huge risks in the financial system. This dissertation is divided into three parts. In Part I, we discussed the primers of the CDSs and its market development, then we analyzed in detail the roles CDSs had played in this crisis based on economic studies. It is advanced that CDSs not just promoted the eruption of the crisis in 2007 but also exacerbated it in 2008. In part II, we asked ourselves what are the legal origins of this crisis in relation with CDSs, as we believe that financial instruments could only function, positive or negative, under certain legal institutional environment. After an in-depth inquiry, we observed that at least three traditional legal doctrines were eroded or circumvented by OTC derivatives. It is argued that the malfunction of these doctrines, on the one hand, facilitated the proliferation of speculative CDSs transactions; on the other hand, eroded the original risk-control legal mechanism. Therefore, the 2008 crisis could escalate rapidly into a global financial tsunami, which was out of control of the regulators. In Part III, we focused on the European Union’s regulatory reform towards the OTC derivatives market. In specific, EU introduced mandatory central counterparty clearing obligation for qualified OTC derivatives, and requires that all OTC derivatives shall be reported to a trade repository. It is observable that EU’s approach in re-regulating the derivatives market is different with the traditional administrative regulation, but aiming at constructing a new market infrastructure for OTC derivatives.

Gobierno, corte y ciudad en Nápoles: el fin del Parlamento y la crisis del gobierno virreinal (1637-1647)

En esta Tesis Doctoral se aborda el análisis de la Nápoles virreinal entre 1637 y 1647 con una investigación en tres planos: gobierno, corte y ciudad. Esto se realiza a través del estudio del gobierno de Nápoles, con especial atención al Parlamento General del Reino, que se convocó por última vez en 1642. Con la óptica privilegiada que brinda esta institución entre la administración virreinal y urbana, es posible comprender los intereses locales, la agenda napolitana en las dinámicas globales de la Monarquía, los intereses de linaje o “públicos” de los virreyes y, en definitiva, se pone de manifiesto una nueva mirada que parte de la propia realidad napolitana para comprender la estructura de gobierno, a través de fuentes inéditas y labor de archivo, en un periodo convulso para la Monarquía de España. Con todo, se insertan las instituciones en las dinámicas políticas y ceremoniales de la ciudad y Reino de Nápoles. Asimismo, todo ello se estudia a través del canal de la corte de Madrid, ya que los virreyes eran nombrados por el rey y lo representaban en el Reino. Por tanto, las decisiones de gobierno se veían afectadas por las circunstancias cortesanas. En concreto, este periodo coincide con los años de la privanza del conde-duque y el posterior ascenso de Luis de Haro. Así, los virreyes duque de Medina de las Torres, Almirante de Castilla y duque de Arcos se incardinan no solo en la política napolitana, sino en la de la Monarquía de Felipe IV. Por último, la ciudad es actor principal de esta investigación, en su configuración física y simbólica, ya que la capital tuvo una significación singular en el caso napolitano por la sociografía de sus élites y su implicación en el gobierno municipal.

Integrating the age factor in designing industrial environments and workstations in the workforce ageing era

As people spend a third of their lives at work and, in most cases, indoors, the work environment assumes crucial importance. The continuous and dynamic interaction between people and the working environment surrounding them produces physiological and psychological effects on operators. Recognizing the substantial impact of comfort and well-being on employee satisfaction and job performance, the literature underscores the need for industries to implement indoor environment control strategies to ensure long-term success and profitability. However, managing physical risks (i.e., ergonomic and microclimate) in industrial environments is often constrained by production and energy requirements. In the food processing industry, for example, the safety of perishable products dictates storage temperatures that do not allow for operator comfort. Conversely, warehouses dedicated to non-perishable products often lack cooling systems to limit energy expenditure, reaching high temperatures in the summer period. Moreover, exceptional events, like the COVID-19 pandemic, introduce new constraints, with recommendations impacting thermal stress and respiratory health. Furthermore, the thesis highlights how workers' variables, particularly the aging process, reduce tolerance to environmental stresses. Consequently, prolonged exposure to environmental stress conditions at work results in cardiovascular disease and musculoskeletal disorders. In response to the global trend of an aging workforce, the thesis bridges a literature gap by proposing methods and models that integrate the age factor into comfort assessment. It aims to present technical and technological solutions to mitigate microclimate risks in industrial environments, ultimately seeking innovative ways to enhance the aging workforce's comfort, performance, experience, and skills. The research outlines a logical-conceptual scheme with three main areas of focus: analyzing factors influencing the work environment, recognizing constraints to worker comfort, and designing solutions. The results significantly contribute to science by laying the foundation for new research in worker health and safety in an ageing working population's extremely current industrial context.