The Genoa Decree and Normative Acts Adopted after the Collapse of the Morandi Bridge in an Economic Perspective

Abstract

The fall of the Genoa bridge caused considerable damage to the economy of the city leading to repercussions for the north-western area of Italy. After a brief review of the costs caused by the bridge collapse, the legislation leading up to the Genoa decree, adopted immediately after the incident, has been analysed. The legal act contains an organic collection of specific norms to mitigate the economic consequences, with special regard to the manufacturing and maritime sector. The economic impact of the locally adopted provision is also the subject of analysis. Due to the exploratory nature of the work, particular attention has been paid to the role played by expectations and credibility of politicians' statements.