Because Italy and Europe need a new industrial policy

The challenge that awaits our country for at least twenty years is not that of the Pnrr but that of competitiveness. To win it, investments are needed, in infrastructures and industries, enhancement of the Italian champions and market law

The challenge that has been waiting for our country for at least twenty years is not that of the Pnrr (the fair of hypocrisies!) but that of competitiveness: more decisive than ever if we look at the very serious situation of the GATT and the WTO (also due to the action of the United States, China and Russia). After the attempts by France and Germany in 2019 to promote a common European industrial policy pursuant to art. 173, TFUE for the physiological competition between the Member States to be overcome, and the Union to position itself as one of the three centers of the international community, Europe is irrelevant today. The “chirps” of the European institutions (such as the waivers on state aid) are really “very tepid water” compared to the American Inflation Reduction Act (IRA) and the Chinese measures; in any case, they are of no interest to Italy (whose debt does not allow it to support an effective industrial policy). Which does not mean that Italy should not inevitably cultivate its own economic policy with other countries to make its businesses competitive.