150 Years of Italian Political Unity and Economic Dualism: An Introduction

Posted: 16 Nov 2012

See all articles by Michele U. Fratianni

Michele U. Fratianni

Indiana University - Kelley School of Business - Department of Business Economics & Public Policy; Universita' Politecnica delle Marche

Date Written: December 2012

Abstract

This Special Issue of Rivista Italiana degli Economisti celebrates the 150th anniversary of Italy's political unity. Since 1861 Italy has evolved from a poor, backward and agrarian economy to a rich and industrial economy; has gone though bouts of economic insularity and integration; has swung from massive emigration to large immigration; has experienced an inflation rate much higher than that of the reference industrial countries; has accumulated a debilitating public debt; and has blessed the demise of the lira to embrace a new currency, the euro, which now is under threat of imploding. Amidst all these changes, two features have endured: political unity and a deep economic divide between first the North and the South.

Keywords: debt, economic dualism, economic growth, inflation

JEL Classification: E31, N13, N14, O40

Suggested Citation

Fratianni, Michele, 150 Years of Italian Political Unity and Economic Dualism: An Introduction (December 2012). Rivista Italiana degli Economisti, Vol. 3, December 2012. Available at SSRN: https://ssrn.com/abstract=2175534

Michele Fratianni (Contact Author)

Indiana University - Kelley School of Business - Department of Business Economics & Public Policy ( email )

Bloomington, IN 47405
United States
812-855-3360 (Phone)
812-855-3354 (Fax)

Universita' Politecnica delle Marche ( email )

Piazzale Martelli, 8
60121 Ancona
Italy
39-071-2207120 (Phone)

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