IESET.
Movements·italy_gentiloni_pd_2016_2018

Gentiloni PD caretaker-continuity government 2016-2018

ITA·2016 – 2018·PD + NCD + SC + AP (Renzi coalition minus Renzi himself)
Leaders: Paolo Gentiloni (PM) · Pier Carlo Padoan (Finance Minister, continuing) · Marco Minniti (Interior, migration)
positionsdevelopmentalismempirical_pragmatistmarxianpost_keynesiansocial_democraticaustriandemocratic_socialisteco_socialistinstitutionalismnew_keynesianordoliberalchicago_monetarismclassical_liberal

Doctrine — stated goals and content

Continuity caretaker-reform PD government after Renzi resignation following Dec 2016 referendum defeat. Economic school: centre-left continuity of Renzi agenda with banking-sector clean-up emphasis. Signature actions: Monte dei Paschi di Siena precautionary recapitalisation (D.L. 237/2016, €20bn envelope, EU precautionary recap approved Jul 2017); Banca Popolare di Vicenza + Veneto Banca compulsory administrative liquidation (Jun 2017, transfer of good bank to Intesa Sanpaolo for €1 symbolic with €5.4bn state support); Minniti migration reforms and Libya-coast-guard co-operation sharply reducing central- Mediterranean arrivals from mid-2017; 'Rosatellum' electoral law (L. 165/2017) mixed proportional-majoritarian; incentives for ITA Industria 4.0 capex supersede/iperammortamento; 'APE' pension flexibility. Left-right: centre-left managerial. Popularity: Gentiloni personal approval ~45-55% (higher than Renzi); PD still fell to 18.8% in Mar 2018 vote vs M5S 32.7% and centre-right 37% (Lega 17.4% > FI 14.0%). Coherence: high managerial coherence; strategic limits — bought time but did not reverse M5S/Lega ascendancy triggered by the Renzi referendum and 2014-2017 migration wave.

Policy-content fingerprint — how the framework codes this movement on its axes

↓
financial deregulation
regulatory.financial_deregulation
Financial-sector regulation — banking separation, capital requirements, cross-border activity rules, derivatives oversight.
decreased · moderate
looser financial regulation
MPS/Veneto banks state resolutions tightened supervisory role.
↓
immigration openness
regulatory.immigration_openness
Immigration policy openness — work visas, family reunification, asylum processing, border enforcement posture.
decreased · moderate
more restrictive (lower caps, tighter enforcement)
Libya-coast-guard / Codice di condotta NGOs Jul 2017 cut arrivals ~75% YoY.
↑
sectoral subsidy
fiscal.sectoral_subsidy
Targeted industrial and sectoral subsidies (renewable energy, chip manufacturing, agriculture, green hydrogen, etc).
increased · weak
expanded sectoral subsidies
Industria 4.0 iperammortamento capex incentive.

Policies enacted

Schools of thought aligned or opposed

partial
developmentalism
derived: score=-0.19, overlap=3 axes vs developmentalism profile (mechanical backfill v1)
aligned
empirical_pragmatist
derived: score=+0.93, overlap=3 axes vs empirical_pragmatist profile (mechanical backfill v1)
aligned
marxian
derived: score=+1.00, overlap=2 axes vs marxian profile (mechanical backfill v1)
aligned
post_keynesian
derived: score=+0.86, overlap=3 axes vs post_keynesian profile (mechanical backfill v1)
aligned
social_democratic
derived: score=+0.60, overlap=3 axes vs social_democratic profile (mechanical backfill v1)
partial
austrian
derived: score=-0.39, overlap=3 axes vs austrian profile (mechanical backfill v1)
partial
democratic_socialist
derived: score=-0.24, overlap=3 axes vs democratic_socialist profile (mechanical backfill v1)
partial
eco_socialist
derived: score=+0.30, overlap=2 axes vs ecological profile (mechanical backfill v1)
partial
institutionalism
derived: score=-0.27, overlap=2 axes vs institutionalism profile (mechanical backfill v1)
partial
new_keynesian
derived: score=+0.30, overlap=3 axes vs new_keynesian profile (mechanical backfill v1)
partial
ordoliberal
derived: score=+0.26, overlap=3 axes vs ordoliberal profile (mechanical backfill v1)
opposed
chicago_monetarism
derived: score=-0.94, overlap=2 axes vs chicago_monetarism profile (mechanical backfill v1)
opposed
classical_liberal
derived: score=-0.91, overlap=3 axes vs classical_liberal profile (mechanical backfill v1)

References