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 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.

This book, first published in 1990, examines Italy’s economic history from its Unification in 1850 to the end of the First World War. Particular attention is paid to the extent to which Italy exhibits the features of Kaznets’s model of ‘modern economic growth’. An Economic History of Liberal Italy begins with a quantitative assessment of Italy’s long-term growth in this period. All of the main relevant variables – including production, consumption, investment, foreign trade, government spending, and welfare – are discussed. The book proceeds through a chronological account of the developments of the economy during this period, and concludes with a critical survey of the relevant historiography. Throughout the book emphasis is given to structural changes, to developments in the main industries, to the relations between different sectors of the economy, and to economic policies. This book is ideal for those studying economics of Italian history.

A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.

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.

This comprehensive volume brings together 20 articles on Italy's economic development since 1870 (written 1961-1992), some of which are published in English for the first time. The introduction provides the non-Italian reader with a general overview of the background to the essays collected. The work contains chapters on the development process, agriculture, industrialization, technical progress, industrial policy, the macroeconomic framework and the issue of geographical and economic dualism. Contributors include: D. Biggazzi, L. Cafagna, S. Fenoaltea, A. Gerschenkron, P. O'Brien, F. Spinelli, V. Zamagni.