Economist Podcasts

Prime mover? Mario Draghi and the Italian presidency

Jan 24, 2022
Join John Hooper, The Economist's Italy and Vatican correspondent, and Kenley Salmon, Africa correspondent, as they dissect the delicate political landscape of Italy. They discuss the potential election of Mario Draghi, exploring its implications for Italy's future and the EU's economic recovery funds. Alongside, they unravel the paradox of resource-rich African nations plagued by underdevelopment, detailing the struggles of workers in sectors like diamond mining. It's an insightful talk on politics and economics interwoven with cultural resilience.
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INSIGHT

Italian Presidency

  • The Italian president has significant power, including dissolving parliament and naming the prime minister.
  • However, the prime minister needs parliament's confidence.
ANECDOTE

Draghi's Hint

  • Draghi hinted at his presidential ambitions by calling himself a "nonno" (grandfather).
  • This term aligns with the tradition of older, grandfatherly figures holding the presidency.
INSIGHT

Election Process

  • The presidential election resembles a papal conclave, with secret ballots and over 1,000 voters.
  • It involves national lawmakers and regional delegates.
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