GPI Senior Fellow and Head of GPI China, Michele Geraci, has been appointed to a senior government position in the new Italian government. Geraci was sworn in by the new Prime Minister Giuseppe Conte as Under-Secretary for Economic Development. The Global Policy Institute congratulates Michele for this achievement and wishes him all the best for his...Read More

GPI Senior Fellow and Head of GPI China, Michele Geraci, was interviewed by CGTN about the new Italian government, and its attitudes towards markets and the Eurozone.  Read More

GPI Senior Research Fellow and Head of GPI China was interviewed by Australia’s ABC News on the US-China trade war. Geraci welcomed the recent diffusion of tensions following apparently successful US-Chinese negotiations, stressing that both China and the US have a lot to gain from any agreement that might have been reached.Read More

The Global Policy Institute’s Senior Fellow and Head of GPI China, Michele Geraci, has been in the running, among only few other candidates, to become Italy’s next Prime Minister, has argued in a conversation with Deutsche Welle that Italy must end austerity and spend and invest more. According to Geraci, ‘that’s exactly what Italy needs...Read More

In the last forty years, China has achieved an unprecedented economic and social success. This success is based on 5 main pillars that we, in Italy and Europe, should study well to understand the challenges and opportunities that China presents to us. The 5 pillars are: Control of tariffs Control of migration Control of demography...Read More

27 out of 28 EU ambassadors criticize the “New Silk Road” initiative (yi dai yi lu 一带 一路) because they believe it is a project aimed at opening new markets for China to reduce its overproduction. In other words, they rightly fear that China is going to compete directly with Europe in serving the countries covered...Read More

In recent days, Italian newspaper Il Foglio has discussed a politicized version of the debate between “More Europe or Less Europe? More free market or more protectionism? “, quoting Salvini and Di Maio, the leaders of Northern League and Five Star Movement, respectively, as the promoters of a more protectionist view that puts national sovereignty at the...Read More

This is the first of a series of planned reports on microcredit in China. In this paper we offer our view of what is preventing microcredit from developing in China and offer a list of recommendations for Chinese policy makers that wish to promote this sector. Our preliminary analysis suggests that microcredit is not developing...Read More

Chinese people are becoming richer, and the wealth gap in China is, as expected, growing. The just concluded Spring Festival holiday saw consumption reach about 400 billion yuan ($60.69 billion), with many rich Chinese travelling abroad to enjoy their holiday and, with some of them, buying luxury goods. The CLSA Asia-Pacific Markets has even forecast...Read More

One of the byproducts of China’s fast economic development over the last 30 years is the growing income disparity between rural and urban residents. It is undeniable that absolute living conditions have improved for almost everyone, with the most notable examples at both ends of the spectrum being the eradication of poverty and the recent...Read More