Political Economy of Italy's Decline, The hobbyists masterfully uses the theme of

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Political Economy of Italy's Decline, The hobbyists masterfully uses the theme ofItaly is a country of recent decline and long standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of