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Not long ago Italy was Europe's highly touted emerging economy, a society that blended dynamism and super-fast growth with a lifestyle that was the envy of all. Now it is viewed as a major threat to the future of the Euro, indeed to the European Union as a whole. Italy's political system is shorn of credibility as it struggles to deal with huge public debts and anemic levels of economic growth. Young people are emigrating in droves, frustrated at the lack of opportunity, while older people stubbornly cling to their rights and privileges, fearful of an uncertain future.
In this lively, up-to-the-minute book, Bill Emmott explains how Italy sank to this low point, how Italians feel about it, and what can be done to return the country to more prosperous and more democratic times. With the aid of numerous personal interviews, Emmott analyzes "Bad Italy"—the land of disgraced Prime Minister Silvio Berlusconi, an inadequate justice system, an economy dominated by special interests and continuing corruption—against its contrasting foil "Good Italy," the home of enthusiastic entrepreneurs, truth-seeking journalists, and countless citizens determined to end mafia domination for good.
- Sales Rank: #662007 in Books
- Published on: 2012-08-14
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x 1.20" w x 5.60" l, 1.20 pounds
- Binding: Hardcover
- 304 pages
Review
“Travelers to Italy this summer may find economic catastrophe as omnipresent as monuments and sidewalk cafes, according to this former editor-in-chief of the Economist. Emmott’s breezy narrative provides a quick overview of the beleaguered Italian economy and sketches some background causes for its woes before offering glimpses of a brighter future.”—Publishers Weekly (Publishers Weekly)
“Display(s) rigorous research, clear-sighted analysis, and engaging, concise writing.”—Macleans (Macleans)
“Emmott writes clearly and succinctly.”—Foreign Affairs (Foreign Affairs)
About the Author
Bill Emmott was editor-in-chief of The Economist and is now a freelance commentator on international affairs. He divides his time between London and Somerset, UK.
Most helpful customer reviews
6 of 6 people found the following review helpful.
Disappointing lack of insights
By YH Chen
The author's credentials as the former editor-in-chief of The Economist was a key attraction for me: I expected engaging accounts that would provide real insight on what are working and not working in Italy. Unfortunately, I found the book disappointingly lacking in both insight and engagement. In most cases, the "before" and "after" of various reforms are recounted without any description of how they were accomplished. In discussing of the reforms at Turin's Egyptian museum, for example, we are told that after some "tussels" with employees, the new director magically accomplished changes in their work habits, without a single word on how that was done. Lots of interesting statistics are cited without any further elaboration. As someone who is a relative newcomer to Italy's modern political and economic woes, I feel that I learned nothing new from reading this book, which could have been so much more interesting and informative.
4 of 4 people found the following review helpful.
some good content, but badly written and a chore to read
By Michael V
I too was attracted by the author's role at The Economist, and by an interview with him on NPR. However, the book is disappointing. It was first written in Italian -- by the way, being able to write in Italian does not make one an expert on Italy -- and then translated into English. The translation is terrible -- for example, "The modern character of Italy's new democratic crisis is its mediatic nature ...". What the heck does "mediatic" mean? It's not in my dictionary. Apparently it means "media-centric" or something similar. But the sentence as a whole is poorly constructed; what does "modern character" refer to? Does the crisis have a character that is not modern? This may sound pedantic, but the reader is often required to do a lot of work to understand what the author is saying (and sometimes it's not really clear what that is). Many sentences are very long -- this is a feature of articles in Italian newspapers, but has no place in a book in English. By "long" I mean ten lines or more, phrase piled upon phrase, requiring much more effort to untangle than the content warrants. The author must be able to write clear, straightforward English -- he worked at a leading magazine for more than 25 years. It is a shame that he did not rewrite his own book in that straightforward way.
1 of 1 people found the following review helpful.
Good Emmott, Bad Emmott
By Samuel J. Sharp
In "Good Italy, Bad Italy" former Economist editor-in-chief Bill Emmott travels around Italy speaking with ambitious, creative, and hopeful Italians to try and explain why Italy's economy has fallen so far behind its Western European rivals'. Emmott's primary contention is that Italy's potential for growth is stymied by political failure that saps the country of its otherwise prodigious energy and creativity. He cites and discusses a number of culprits: Silvio Berlusconi foremost among them, but also a bloated public sector, a glacially slow justice system, rigid labor laws, mafias, a non-competitive service sector, lackluster universities, and very low R&D spending. The result is a country with a huge public debt, a rapidly declining population, and a slow growing economy.
Emmott describes Italy's current condition through a mix of background reporting and short profiles of entrepreneurs, political reformers, and admirable businesses. Some anecdotes are particularly illustrative such as the reform of the Egyptian Museum in Turin which Emmott cites as an example of Italy's good side being freed to flourish from lethargic labor unions and government control. The example is undermined a bit though by the fact that the museum's transformational director is not an Italian, but a Greek-American.
While this book does an adequate job of painting a portrait of Italy's economic struggles over the last two decades, Emmott does not seem intimately familiar with the country. He compensates by frequently inserting Italian phrases where they are unnecessary, and by using the adjective "Dantean" in many metaphors. Despite this stylistic shortcomings, Emmott succeeds in objectively describing Italy's difficulties, and it will be interesting to see if his high hopes in Mario Monti are justified.
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