Carlo Altomonte
Carlo Altomonte is Professor of Economics of European Integration at the Social and Political Sciences Department of Bocconi University, and a core faculty member of SDA Bocconi School of Management, where he teaches International Business Environment. He has received the SDA Bocconi Teaching Excellence Award in 2007 and the Bocconi Teaching Innovation Award in 2016. He has been a founder, and the first Director, of the World Bachelor in Business, a unique undergraduate triple degree in Business jointly developed by Bocconi University, the University of Southern California and the Hong Kong University of Science and Technology.
He is currently the Director of the Globalization and Industry Dynamics unit at the Baffi-Carefin centre of research of Bocconi University, a Non Resident Fellow at Bruegel, a EU think tank, and a Senior Researcher at ISPI, the Italian centre of Studies on International Politics. He has been visiting scholar at the Centre of Economic Performance of the London School of Economics and at the Research Department of the European Central Bank. He has been a visiting professor at the Paris School of Economics (Panthèon-Sorbonne, Paris, France) and KU Leuven (Belgium), and has held short teaching courses at the Wagner School of Government (NYU, New York), Keio University (Tokyo), Fudan University and CEIBS (Shanghai) among others.
He has been regularly acting as consultant for a number of national and international institutions, including the Italian Government, the United Nations (UNCTAD), the European Parliament, the European Commission and the European Central Bank, analysing the role of international trade and investment and their implication for competitiveness.
His main areas of research and publication are international trade and investment, the political economy of globalization and its implication on competitiveness. He has published in several leading academic journals, among which Journal of Industrial Economics, European Economic Review, Economic Policy, International Journal of Industrial Organization, Journal of Economic Geography, Journal of International Business Studies, Oxford Bulletin of Economics and Statistics.
Featured work
Nationalism, geoeconomics, protectionism and energy shocks – how should the EU respond?
At this event in Rome, the panellists discussed if the EU could use the various crises it is facing to fortify the Union and its industrial policy?
Productivity in transformative times
This Microprod policy conference discussed how productivity is affected by globalisation and digitisation.
Productivity and the role of Global Value Chains
The 3rd MICROPROD Policy Dialogue will tackle how Global Value Chains (GVC) and productivity affect the fourth industrial revolution.
COVID-19 financial aid and productivity: has support been well spent?
In the EU, this support has prevented the emergence of unemployment and has kept average employment high.
An in-depth look at the Italian Recovery and Resilience Plan
Bruegel Annual Meetings, Day 2 - A discussion of the largest national recovery plan.
Bruegel Annual Meetings, 1-3 September 2021
The 2021 Annual Meetings gathered high-level speakers and participants to discuss how to recover from the crises brought on by the Covid pandemic
The impact of COVID-19 on productivity: preliminary firm evidence
Online event organised in the framework of MICROPROD, a project to improve our understanding of productivity, its drivers and how we measure it.
EU recovery plans should fund the COVID-19 battles to come; not be used to nurse old wounds
In its proposed Recovery Fund, the European Commission uses allocation criteria mainly linked to infection rates and past economic performance. To fos
Zombie firms and weak productivity: what role for policy?
At this event, we will have the chance to discuss the final findings of OECD's project on Exit Policies and Productivity Growth, which started at the
Remaking Europe: the new manufacturing as an engine for growth
Europe needs to know how it can realise the potential for industrial rejuvenation. How well are European firms responding to the new opportunities for
The knowns and unknowns of the European competitiveness debate
Micro-economic features of economic systems can have a major impact on national performance. Policymakers should therefore reconfigure their scoreboar
Measuring competitiveness in Europe
Understanding firm performance is crucial when analysing competitiveness. How can we better identify competitiveness with the help of firm-level data?
Measuring competitiveness in Europe: resource allocation, granularity and trade
This new Bruegel Blueprint provides a differentiated understanding of growth, productivity and competitiveness and the important role public policy ne
Has globalisation 'peaked'? Trade and GDP growth in the post-crisis context
Is the ‘Global Trade Slowdown’ a signal that globalisation has structurally 'peaked', and thus we should expect a stagnation of trade growth also in t
The 'dos and don'ts' of a growth-friendly policy mix for the Euro area
Carlo Altomonte and Tommaso Aquilante highlight some clear ‘dos’ and ‘don’ts’ when looking at the fiscal/structural side of a growth-friendly policy m
EU to DO 2015-2019
Memos to the new EU leadership.
Asset-backed securities: The key to unlocking Europe's credit markets?
Direct European Central Bank intervention in the market for asset-backed securities (ABS) has the potential to become, under certain conditions, a mec
The future of asset-backed securities in the euro area
Internationalisation and innovation of firms
The analysis suggests that policymakers should coordinate, if not integrate, innovation and internationalisation policies in order to boost productivi
Are capital markets the only friend of innovation?
Intangible assets are the key to growth in the knowledge economy, but innovative entrepreneurs can find it hard to secure the financing to kick-start
Exchange Rates and GVCs
Gianmarco Ottaviano and Carlo Altomonte on European Firms in the Global Economy (EFIGE)
The EU-EFIGE/Bruegel-Unicredit dataset
Triggering competitiveness: A 'decalogue' from new firm-level evidence
Competitiveness is one of the most debated issues in policy circles. But, what triggers it? Capitalising on the first existing harmonised cross-coun
The triggers of competitiveness: The EFIGE cross-country report
What are the factors that will trigger the competitiveness of European firms? The authors of this study have worked intensively for three years on the
Assessing competitiveness: how firm-level data can help
As policymakers refocus on growth, the ability to take a firm-level view is key to disentangling the various factors at the root of competitiveness,