The Europeanization of Italy's budget institutions in the 1990s

This article examines the impact of European monetary integration on the reform of Italy's budget institutions in the 1990s. Using an approach that explicitly assesses the impact of European factors on domestic change alongside domestic factors and that follows institutional change over long periods of time, the article concludes – contrary to much of the literature on Europe's impact on Italy – that in fact Europe did not matter, or that at most it only mattered at the margin.