Mini-Bot: Ingenuity or Ignorance

Alessandro Franconi ’17 (Macroeconomic Policy and Financial Markets)

“Mini-Bot: Ingenuity or Ignorance” is my first policy brief for the Luiss School of European Political Economy.

“The concept of using mini-BOTs to pay off trade payables may seem like a good idea, but if we analyze it in detail we can intuitively conclude that such a tool is futile and limited…It is clear that the mini-BOTs are a completely sterile, if not harmful, device for public finances, as their implementation (or just the information that the government is officially studying their implementation) would put again Italy on the road to leaving the euro.

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