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This book gives a full account of the economic and social history of Italy since unification (1860), with an introduction covering the previous period since the Middle Ages. The Economic History of Italy represents a scholarly and authoritative account of Italy's progress from a rural economy to an industrialized nation. The book makes a broad division of the period into three parts: the take-off (1860-1913), the consolidation in the midst of two wars and a world depression (1914-47), and the great expansion (1948-1990). Professor Zamagni traces the growth of industrialization, and argues that despite several advanced areas Italy only became an industrialized nation after the Second World War, and that during the 1980s the South was still clearly behind the rest of the country. Zamagni analyses data both from a macroeconomic position, in looking at the growth of the finance sector, or the role of the State, and from a microeconomic position when she draws conclusions from the changing population structure, or from the actions of individual businesses. Professor Zamagni reveals that even though the population more than doubled during this time the level of national income rose 19-fold, to move Italy from a peripheral status in Europe to a central position as a prosperous country. A central theme of the book is Professor Zamagni's argument that the Italian economy has been successful not by any great individuality of its own but by being flexible enough to incorporate the successes of other countries: Japan's integrated business network, for example, or Germany's financial structure. She places the industrialization of Italy in the international context by comparing Italy's GDP and other measures of prosperity at different times to the USA, Japan, the UK, France, and Germany. The book is based on original field-work by the author, and the many detailed but small-scale studies existing in Italian. Quantitative trends are described in more than 70 tables of data, while the book provides appendices containing chronologies of main events in various sectors and biographies.
The Economic History of Italy 1860-1990 gives a scholarly and authoritative account of Italy's progress from a rural economy to an industrialized nation, covering in detail agriculture, trade, banking, public intervention, the standard of living, and education. It provides an interpretativeaccount of the economic history of Italy since unification and offers an extensive resource of quantitative data. Professor Zamagni argues that Italy only effectively became an industrialized nation after the Second World War, with the south still being clearly behind the rest of the country. Her argument makes use of both macroeconomic approaches, in looking at the growth of income, investment, consumption,trade, and the role of the state, and microeconomic approaches, drawing conclusions from the history of individual banks and corporations. Italy's movement from peripheral status in Europe to a central position as a prosperous country was achieved through a remarkable flexibility in adapting newtechnology and new institutions.
The legacies of two great civilizations--the Roman Empire and Renaissance city-states--are still apparent in today's Italian economy in its internationalization, strong regional cultures, tourism, and arts industries. Less appreciated is the country's status as continental Europe's second-largest industrial power, notwithstanding the disproportionate significance of SMEs in Italy. Vera Zamagni's survey of the Italian economy and its modern history outlines its unique shape and structure and how human factors explain its strengths in social networks, "niche capitalism," and well-being indicators, as well as its weaknesses reflected in regional imbalances, political instability, and recently in banking. Focusing on economic developments since 1945, Zamagni explains how the contemporary economy is the result of the contours of this longer history, of the country's geography--low on natural resources but blessed with good weather and shipping opportunities--and more recent factors such as the country's membership in the EU and the changing profile of Italian demography and the country's surprisingly measured response to the challenges of migration. Drawing upon both conventional and heterodox approaches, the book concludes with an assessment of the prospects for the Italian economy. The book provides a concise overview of value for students in politics, political economy, history, and economics and for professionals looking to understand the nature of recent Italian economic performance.
Présentation de l'éditeur : "Vera Zamagni charts the remarkable story of European economic growth from the birth of industrialization through to the present day. Setting European events within the wider context of world economic progress and alongside developments in Asia, Eastern Europe and the United States, she provides an up-to-date and authoritative survey suitable for course use. The book begins with an outline of the economic landscape of the late Middle Ages before exploring the process of European industrialization, including how the British model was replicated across Europe, and why Britain was unable to maintain its position relative to other economies, in particular the United States. The advent of global finance is examined and the economic impact of world war and revolution is assessed. European reconstruction and integration is analysed alongside the decline of Russia and the growth of the Asian economies. The book ends with an assessment of the impact of the global crash of 2008 and the subsequent crisis of the Eurozone. Throughout her analysis, Zamagni shows how the social and economic institutions and values of European civilization catalyzed economic progress. That these same structures are now threatened makes this history particularly timely."
This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.
In a passionate and polemical manner, Pino Aprile's "Terroni" examines the effect that the unification of Italy has had on Southern Italy and analyzes what some of the ramifications are today. A bestseller in Italy, the book sold more than 200,000 copies in its first year of print.
A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
Richard Bosworth's overview of Italy's role in European and world politics from 1860 to 1960 is lively and iconclastic. Based on a combination of primary research and secondary material he examines Italian diplomacy, military power, commerce, culture, tourism and ideology. His account challenges many aspects of current Italian historiography and offers an original vision of the place of Italy in modern history.
A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.
Post-unification Italy was part of a wider world within which men and money circulated freely; it developed to the extent that those mobile resources chose to locate on its soil. The economy's cyclical movements reflected conditions in international financial markets, and were little affected by domestic policies. State intervention restricted the internal and international mobility of goods, and limited Italy's development: it kept the economy weak, reduced Italy's weight in the comity of nations, and paved the way for the frustrations and adventurism that would plunge the twentieth century into world war.