The Rise And Fall Of The Italian Economy

Author : Carlo Bastasin
Publisher :
ISBN 13 : 9781009235303
Total Pages : 0 pages
Book Rating : 4.03/5 ( download)

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Download or read book The Rise and Fall of the Italian Economy written by Carlo Bastasin and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Carlo Bastasin and Gianni Toniolo provide a much-needed, up-to-date economic history of Italy from unification in 1861 to the present. They reveal the factors behind Italy's twentieth-century growth as well as how economic decline in the last thirty years has resulted in rising levels of populism, mistrust and government instability"--

Author : Andrea Lorenzo Capussela
Publisher : Oxford University Press
ISBN 13 : 019251735X
Total Pages : 272 pages
Book Rating : 4.57/5 ( download)

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Download or read book The Political Economy of Italy's Decline written by Andrea Lorenzo Capussela and published by Oxford University Press. This book was released on 2018-04-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system. Analysing both political economic literature and the history of Italy from 1861 onwards, The Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings. It analyses two alternative reactions to the insufficient provision of public goods: an opportunistic one – employing tax evasion, corruption, or clientelism as means to appropriate private goods –- and one based on enforcing political accountability. From the perspective of ordinary citizens and firms such social dilemmas can typically be modelled as coordination games, which have multiple equilibria. Self-interested rationality can thus lead to a spiral, in which several mutually reinforcing vicious circles lead society onto an inefficient equilibrium characterized by low political accountability and weak rule of law. The Political Economy of Italy's Decline follows the gradual setting in of this spiral as it identifys the deeper causes of Italy's decline.

Author : Jon S. Cohen
Publisher : Cambridge University Press
ISBN 13 : 9780521666923
Total Pages : 156 pages
Book Rating : 4.29/5 ( download)

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Download or read book The Growth of the Italian Economy, 1820-1960 written by Jon S. Cohen and published by Cambridge University Press. This book was released on 2001-09-06 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.

Author : George Herbert Hildebrand
Publisher : Harvard University Press
ISBN 13 : 9780674364509
Total Pages : 502 pages
Book Rating : 4.03/5 ( download)

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Download or read book Growth and Structure in the Economy of Modern Italy written by George Herbert Hildebrand and published by Harvard University Press. This book was released on 1965 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of postwar economic growth and economic structure of Italy - comprises 3 parts on (1) economic development (monetary policy, price stabilisation, incomes, labour productivity, etc.), (2) human resources and labour force (population growth, migration, the occupational structure, unemployment, underemployment, wage policy, social policy, wages, etc.), and (3) the dual character of the economy and industrialization. Statistical tables, bibliography and references.

Author : Carlo Bastasin
Publisher : Cambridge University Press
ISBN 13 : 1009235346
Total Pages : 191 pages
Book Rating : 4.41/5 ( download)

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Download or read book The Rise and Fall of the Italian Economy written by Carlo Bastasin and published by Cambridge University Press. This book was released on 2023-09-07 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carlo Bastasin and Gianni Toniolo provide a much-needed, up-to-date economic history of Italy from unification in 1861 to the present day. They show how, thirty years after unification, Italy began a long phase of convergence with more advanced economies so that by the late twentieth century Italy's per capita income reached the levels of Germany, France and the UK. From the mid-1990s, however, the Italian economy declined first in relative and then absolute terms. The authors describe the intertwined financial and institutional crises that eroded trust in the political system and in the economy at the exact juncture when new technologies and markets transformed the global economy. Longstanding problems of uneven levels of education and obsolete bureaucratic and judicial practices deepened the division between economically vibrant regions and the rest, causing polarization, political instability and rising public debt. Italy's contemporary malaise makes the country a test-case for understanding the implications of protracted declines in productivity and the flattening of GDP growth for the stability of western democracies, resulting in populism, mistrust and political instability.

Author : Gino Luzzatto
Publisher : Routledge
ISBN 13 : 1136592318
Total Pages : 193 pages
Book Rating : 4.17/5 ( download)

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Download or read book An Economic History of Italy written by Gino Luzzatto and published by Routledge. This book was released on 2013-11-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to provide English readers with a brief and comprehensive survey of economic life in Italy during the period of its greatest splendour: the Middle Ages and Renaissance. The wealth of Renaissance Italy was the product of centuries of growth, and the great Renaissance cities, Venice, Milan and Florence, were first and foremost centres of international trade, which taught the rest of Europe the rudiments of modern business techniques. In a masterly synthesis, based upon a lifetime of study and research, Professor Gino Luzzatto, the greatest of living Italian historians, describes the main changes in Italian economic conditions from the end of the Roman Empire, when Italy ceased to be the centre of a European state, to the end of the Middle Ages when Italy lost the leadership of European trade and banking. The narrative chapters, which deal with barbarian Italy, feudal Italy and Italy in the age of the communes, are followed by a valuable analysis of medieval agriculture, industry, commerce and finance, in her principal Italian states. The range of discussion is wide and offers an excellent introduction to the economic history not only of Italy but of the whole Mediterranean region. This classic text was first published in 1961.

Author : Andrea Lorenzo Capussela
Publisher : Oxford University Press
ISBN 13 : 0192517341
Total Pages : 272 pages
Book Rating : 4.40/5 ( download)

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Download or read book The Political Economy of Italy's Decline written by Andrea Lorenzo Capussela and published by Oxford University Press. This book was released on 2018-04-05 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy is a country of recent decline and long-standing idiosyncratic traits. A rich society served by an advanced manufacturing economy, where the rule of law is weak and political accountability low, it has long been in downward spiral alimented by corruption and clientelism. From this spiral has emerged an equilibrium as consistent as it is inefficient, that raises serious obstacles to economic and democratic development. The Political Economy of Italy's Decline explains the causes of Italy's downward trajectory, and explains how the country can shift to a fairer and more efficient system. Analysing both political economic literature and the history of Italy from 1861 onwards, The Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings. It analyses two alternative reactions to the insufficient provision of public goods: an opportunistic one – employing tax evasion, corruption, or clientelism as means to appropriate private goods –- and one based on enforcing political accountability. From the perspective of ordinary citizens and firms such social dilemmas can typically be modelled as coordination games, which have multiple equilibria. Self-interested rationality can thus lead to a spiral, in which several mutually reinforcing vicious circles lead society onto an inefficient equilibrium characterized by low political accountability and weak rule of law. The Political Economy of Italy's Decline follows the gradual setting in of this spiral as it identifys the deeper causes of Italy's decline.

Author : Nicolò Giangrande
Publisher : Routledge
ISBN 13 : 1000478777
Total Pages : 135 pages
Book Rating : 4.78/5 ( download)

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Download or read book Political Economy of Contemporary Italy written by Nicolò Giangrande and published by Routledge. This book was released on 2021-09-16 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on Kaleckian and Kaldorian approaches, Political Economy of Contemporary Italy: The Economic Crisis and State Intervention explores the reasons behind the stagnation of the Italian economy from the 1970s and suggests policy solutions to ease the crisis. The central thesis of the book is that from the early 1990s Italy experienced a constant reduction of both private and public investment which, combined with increasing labour precariousness and wage moderation, contributed to the decline of both labour productivity and economic growth. It is argued that lack of industrial policies amplified the problem of the poor macroeconomic performance, since Italian firms – small-sized and non-innovating – were incapable of staying competitive on the global scene. Net exports did not compensate for the decline of public spending, private investment and consumption. It is also shown that, in these respects, Italy presents an interesting case study with wider ramifications for it was involved in the global process of intensifying the neoliberal agenda but at a faster rate than other OECD countries. The book concludes with a call for an alternative economic policy in order to promote innovation, reduce unemployment and stimulate economic growth. This book marks a significant contribution to the literature on the recent history of the European economy, Italian studies and the history of economic thought.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.23/5 ( download)

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Download or read book The structure and growth of the Italian economy written by and published by . This book was released on 1953 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Lorenzo Codogno
Publisher : Oxford University Press
ISBN 13 : 0192692216
Total Pages : 273 pages
Book Rating : 4.14/5 ( download)

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Download or read book Meritocracy, Growth, and Lessons from Italy's Economic Decline written by Lorenzo Codogno and published by Oxford University Press. This book was released on 2022-09-05 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws lessons on the importance of meritocracy for economic growth by analysing Italy's economic decline in the past few decades. Connections, rather than merit, are a long-standing feature of the Italian elites, even in the corporate sector. This became a significant problem when Italy's economy could no longer grow due to imitation, devaluation, and public debt, and faced the challenges of becoming a frontier knowledge-based open economy. This book uses international comparisons on social capital, governance, the role of the public sector, efficiency of the judiciary, education, gender and social inequality, social mobility, corporate standards, financial structures, and more to evaluate Italy's economic performance. It argues that the arrogance of mediocracy is more damaging than that of meritocracy. Italy experienced an economic miracle after the Second World War, and it is still an advanced economy and a member of the G7. Until the 1960s it seemed destined to catch up with the best-performing countries. Then the growth engine stopped, its debt skyrocketed, and Italy became a weaker member of the Eurozone. Many other countries in the world have heavy historical legacies and low social capital, and many others have to make the jump from imitation led growth to endogenous growth. The lessons drawn from studying Italy's case can therefore have important international applications.