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The Italian Economy

Vera Zamagni

£60.00 | $90.00
ISBN 9781911116776
£15.00 | $23.00
ISBN 9781911116783
224 pages | 234 x 156mm | February 2018
Series: World Economies


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 the European continent's second largest industrial power, notwithstanding the disproportionate signficance 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 after 1945 the author 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 of the EU and the changing profile of Italian demography and the country's suprisingly 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.

Author Information

Vera Zamagni is Professor of Economic History at the University of Bologna, and at SAIS Europe, the Johns Hopkins University (Bologna). Her books include The Economic History of Italy, 1860–1990 (OUP, 1993) and Cooperative Enterprise: Facing the Challenge of Globalization (Elgar, 2011).

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