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The Reinterpretation of Italian Economic History Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')

The Reinterpretation of Italian Economic History By Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')

The Reinterpretation of Italian Economic History by Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')


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Summary

This book argues that post-unification Italy developed to the extent that the world's mobile resources chose to locate on its soil. The variations in the economy's growth rate were due primarily to an international financial cycle, and not to domestic policy measures.

The Reinterpretation of Italian Economic History Summary

The Reinterpretation of Italian Economic History: From Unification to the Great War by Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')

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.

The Reinterpretation of Italian Economic History Reviews

This book brings together four decades of research on Italian industrialization by Stefano Fenoaltea. -EH.Net, Brian A'Hearn

About Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')

Stefano Fenoaltea obtained his PhD in economics at Harvard University, where he studied under Alexander Gerschenkron and John R. Meyer. He has taught extensively at leading colleges and universities in the United States, and is now serving in the Faculty of Economics at the University of Rome (Tor Vergata). He has published widely in academic journals, and is best known for his work on slavery, medieval agriculture, and Italian development. He has been a member of the Institute for Advanced Study, a Guggenheim Fellow, and a consultant to the Istituto Centrale di Statistica and to the Bank of Italy; he is listed in Who's Who in the World.

Table of Contents

Introduction; 1. The time series and the interpretations; 2. The investment cycle; 3. The consumption cycle and the 'crisis' of the 1880s; 4. Protection and migration; 5. Railways; 6. North and south; 7. The state of play; Appendices: tariffs, trade, migration and growth.

Additional information

NPB9780521192385
9780521192385
0521192382
The Reinterpretation of Italian Economic History: From Unification to the Great War by Stefano Fenoaltea (Universita degli Studi di Roma 'Tor Vergata')
New
Hardback
Cambridge University Press
2011-06-30
318
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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