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The Oxford Handbook Of The Italian Economy Since Unification
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Book Synopsis The Oxford Handbook of the Italian Economy Since Unification by : Gianni Toniolo
Download or read book The Oxford Handbook of the Italian Economy Since Unification written by Gianni Toniolo and published by Oxford University Press. This book was released on 2013-03-07 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of the Italian Economy Since Unification provides, for the first time, a comprehensive, quantitative "new economic history" of Italy.
Book Synopsis The Oxford Handbook of the Italian Economy Since Unification by : Gianni Toniolo
Download or read book The Oxford Handbook of the Italian Economy Since Unification written by Gianni Toniolo and published by Oxford University Press. This book was released on 2013-01-04 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Political Economy of Italy's Decline by : Andrea Lorenzo Capussela
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.
Book Synopsis The Oxford Handbook of Italian Politics by : Erik Jones
Download or read book The Oxford Handbook of Italian Politics written by Erik Jones and published by Oxford University Press. This book was released on 2015 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Italian Politics provides a comprehensive look at the political life of one of Europe's most exciting and turbulent democracies. Under the hegemonic influence of Christian Democracy in the early post-World War II decades, Italy went through a period of rapid growth and political transformation. In part this resulted in tumult and a crisis of governability; however, it also gave rise to innovation in the form of Eurocommunism and new forms of political accommodation. The great strength of Italy lay in its constitution; its great weakness lay in certain legacies of the past. Organized crime--popularly but not exclusively associated with the mafia--is one example. A self-contained and well entrenched 'caste' of political and economic elites is another. These weaknesses became apparent in the breakdown of political order in the late 1980s and early 1990s. This ushered in a combination of populist political mobilization and experimentation with electoral systems design, and the result has been more evolutionary than transformative. Italian politics today is different from what it was during the immediate post-World War II period, but it still shows many of the influences of the past.
Book Synopsis The Economic History of Italy, 1860-1990 by : Vera Zamagni
Download or read book The Economic History of Italy, 1860-1990 written by Vera Zamagni and published by Oxford University Press. This book was released on 1997 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Economics of World War I by : Stephen Broadberry
Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
Book Synopsis The Economic Development of Latin America Since Independence by : Luis Bértola
Download or read book The Economic Development of Latin America Since Independence written by Luis Bértola and published by Oxford University Press (UK). This book was released on 2012-10-25 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and accessible overview of the economic history of Latin America over the two centuries since Independence. It considers its principal problems and the main policy trends and covers external trade, economic growth, and inequality.
Book Synopsis The Spread of Modern Industry to the Periphery Since 1871 by : Kevin H. O'Rourke
Download or read book The Spread of Modern Industry to the Periphery Since 1871 written by Kevin H. O'Rourke and published by Oxford University Press. This book was released on 2017 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Ever since the Industrial Revolution of the late-eighteenth and early-nineteenth centuries, industrialization has been the key to modern economic growth. The fact that modern industry originated in Britain, and spread initially to north-western Europe and North America, implied a dramatic divergence in living standards between the industrial North (or West) and a non-industrial, or even de-industrializing, South (or Rest). This nineteenth-century divergence, which had profound economic, military, and geopolitical implications, has been studied in great detail by many economists and historians. Today, this divergence between the West and the Rest is visibly unraveling, as economies in Asia, Latin America and even sub-Saharan Africa converge on the rich economies of Europe and North America. This phenomenon, which is set to define the twenty-first century, both economically and politically, has also been the subject of a considerable amount of research. Less appreciated, however, are the deep historical roots of this convergence process, and in particular of the spread of modern industry to the global periphery. This volume fills this gap by providing a systematic, comparative, historical account of the spread of modern manufacturing beyond its traditional heartland, to Southern and Eastern Europe, the Middle East, Asia, Africa, and Latin America, or what we call the poor periphery. It identifies the timing of this convergence, finding that this was fastest in the interwar and post-World War II years, not the more recent miracle growth years. It also identifies which driving forces were common to all periphery countries, and which were not.
Book Synopsis How the Economy Works by : Roger E. A. Farmer
Download or read book How the Economy Works written by Roger E. A. Farmer and published by Oxford University Press. This book was released on 2010-04-08 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Of all the economic bubbles that have been pricked," the editors of The Economist recently observed, "few have burst more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between classical and Keynesian economics since the early twentieth century, gracefully explaining the elements of both theories. During the Great Depression, Keynes challenged the longstanding idea that an economy was a self-correcting mechanism; but his school gave way to a resurgence of classical economics in the 1970s-a rise that ended with the current crisis. Rather than simply allowing the pendulum to swing back, Farmer writes, we must synthesize the two. From classical economics, he takes the idea that a sound theory must explain how individuals behave-how our collective choices shape the economy. From Keynesian economics, he adopts the principle that markets do not always work well, that capitalism needs some guidance. The goal, he writes, is to correct the excesses of a free-market economy without stifling entrepreneurship and instituting central planning. Recent events have shown that we cannot afford to treat economics as an ivory-tower abstraction. It has a direct impact on our lives by guiding regulators and policymakers as they make decisions with far-reaching practical consequences. Written in clear, accessible language, How the Economy Works makes an argument that no one should ignore.
Book Synopsis The Rise and Fall of the Italian Economy by : Carlo Bastasin
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 2023-08-31 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.
Book Synopsis Handbook of the History of Money and Currency by : Stefano Battilossi
Download or read book Handbook of the History of Money and Currency written by Stefano Battilossi and published by Springer. This book was released on 2020-03-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides a comprehensive overview of state-of-the-art research in the field of monetary and financial history. The authors comprise different generations of leading scholars from universities worldwide. Thanks to its unrivaled breadth both in time (from antiquity to the present) and geographical coverage (from Europe to the Americas and Asia), the volume is set to become a key reference for historians, economists, and social scientists with an interest in the subject. The handbook reflects the existing variety of scholarly approaches in the field, from theoretically driven macroeconomic history to the political economy of monetary institutions and the historical evolution of monetary policies. Its thematic sections cover a wide range of topics, including the historical origins of money; money, coinage, and the state; trade, money markets, and international currencies; money and metals; monetary experiments; Asian monetary systems; exchange rate regimes; monetary integration; central banking and monetary policy; and aggregate price shocks.
Book Synopsis America in the Great War by : Ronald Schaffer
Download or read book America in the Great War written by Ronald Schaffer and published by Oxford University Press. This book was released on 1994-04-28 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: After such conflicts as World War II, Vietnam, and now the Persian Gulf, the First World War seems a distant, almost ancient event. It conjures up images of trenches, horse-drawn wagons, and old-fashioned wide-brimmed helmets--a conflict closer to the Civil War than to our own time. It hardly seems an American war at all, considering we fought for scarcely over a year in a primarily European struggle. But, as Ronald Schaffer recounts in this fascinating new book, the Great War wrought a dramatic revolution in America, wrenching a diverse, unregulated, nineteenth-century society into the modern age. Ranging from the Oval Office to corporate boardroom, from the farmyard to the battlefield, America in the Great War details a nation reshaped by the demands of total war. Schaffer shows how the Wilson Administration used persuasion, manipulation, direct control, and the cooperation of private industries and organizations to mobilize a freewheeling, individualist country. The result was a war-welfare state, imposing the federal government on almost every aspect of American life. He describes how it spread propaganda, enforced censorship, and stifled dissent. Political radicals, religious pacifists, German-Americans, even average people who voiced honest doubts about the war suffered arrest and imprisonment. The government extended its control over most of the nation's economic life through a series of new agencies--largely filled with managers from private business, who used their new positions to eliminate competition and secure other personal and corporate gains. Schaffer also details the efforts of scholars, scientists, workers, women, African- Americans, and of social, medical, and moral reformers, to use the war to advance their own agendas even as they contributed to the drive for victory. And not the least important is his account of how soldiers reacted to the reality of war--both at the front lines and at the rear--revealing what brought the doughboys to the battlefield, and how they went through not only horror and disillusionment but felt a fervent patriotism as well. Some of the upheavals Schaffer describes were fleeting--as seen in the thousands of women who had to leave their wartime jobs when the boys came home--but others meant permanent change and set precedents for such future programs as the New Deal. By showing how American life would never be the same again after the Armistice, America in the Great War lays a new foundation for understanding both the First World War and twentieth-century America.
Download or read book Modern Italy written by Anna Cento Bull and published by Oxford University Press. This book was released on 2016 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title considers the history of Italy from the Risorgimento (the movement leading to Italian Unification in 1861) to the present. It also discusses Italy's political system and style of government; economic modernisation; emigration, internal migration and immigration; and the modern Italian culture and lifestyle.
Book Synopsis The Economic Development of Europe's Regions by : Joan Ramón Rosés
Download or read book The Economic Development of Europe's Regions written by Joan Ramón Rosés and published by Routledge. This book was released on 2018-11-06 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first quantitative description of Europe’s economic development at a regional level over the entire twentieth century. Based on a new and comprehensive set of data, it brings together a group of leading economic historians in order to describe and analyze the development of European regions, both for nation states and for Europe as a whole. This provides a new transnational perspective on Europe’s quantitative development, offering for the first time a systematic long-run analysis of national policies independent from the use of national statistical units. The new transnational dimension of data allows for the analysis of national policies in a more thorough way than ever before. The book provides a comprehensive database at the level of modern NUTS 2 regions for the period 1900–2010 in 10-year intervals, and a panoramic view of economic development both below and above the national level. It will be of great interest to economic historians, economic geographers, development economists and those with an interest in economic growth.
Book Synopsis Cycles, Growth and the Great Recession by : Annalisa Cristini
Download or read book Cycles, Growth and the Great Recession written by Annalisa Cristini and published by Routledge. This book was released on 2014-11-13 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cycles, Growth and the Great Recession is a collection of papers that assess the nature and role of the business cycle in contemporary economies. These assessments are made in the context of the financial market instability that distinguishes the Great Recession from previous post-war slowdowns. Theorists and applied scholars in the fields of economics and mathematical economics discuss various approaches to understanding cycles and growth, and present mathematical and applied macro models to show how uncertainty shapes cycles by affecting the economic agent choice. Also included is an empirical section that investigates how the Great Recession affected households’ housing wealth, labour productivity and migration decisions. This book aims to: Propose a novel understanding of the business cycle by comparing the approaches of various scholars, starting from Hyman Minsky and Piero Ferri. Show that uncertainty is a main feature of the business cycle that affects decision-making and economic behaviour in general. Explain with mathematical models how the behaviour of economic agents can lead to cyclical paths for modern developed economies. Augment theory with empirical analysis of some central issues related to the Great Recession. This book comprises an original view of such widely discussed subjects as business cycles, uncertainty, economic growth and the Great Recession, constructed around theory, models and applications.
Book Synopsis The Motives to Borrow by : Antonio Fatás
Download or read book The Motives to Borrow written by Antonio Fatás and published by International Monetary Fund. This book was released on 2019-05-10 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments issue debt for good and bad reasons. While the good reasons—intertemporal tax-smoothing, fiscal stimulus, and asset management—can explain some of the increases in public debt in recent years, they cannot account for all of the observed changes. Bad reasons for borrowing are driven by political failures associated with intergenerational transfers, strategic manipulation, and common pool problems. These political failures are a major cause of overborrowing though budgetary institutions and fiscal rules can play a role in mitigating governments’ tendencies to overborrow. While it is difficult to establish a clear causal link from high public debt to low output growth, it is likely that some countries pay a price—in terms of lower growth and greater output volatility—for excessive debt accumulation.
Book Synopsis Meritocracy, Growth, and Lessons from Italy's Economic Decline by : Lorenzo Codogno
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.
