Will Italy's referendum be the latest signpost for other developed nations?

clock • 3 min read

For over two decades, the pace of Italy's economic growth has lagged that of its major continental peers, writes LGIM's Justin Onuekwusi.

Burdened by overly indebted banks, heavy regulation and weak productivity, Europe's fourth largest economy has made its fair share of financial headlines, On paper, the referendum only concerns the domestic matter of Italian constitutional reform. In practice, voters, politicians and financial analysts are likely to view it in the context of a wider global trend. Like the UK's EU Referendum and US election after it, Sunday's vote is not just about domestic politics; it could be symbolic of the rise of populist, anti-globalisation sentiment sweeping the Western world. Italy isn't the o...

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