150 Years of Italian Political Unity and Economic Dualism: An Introduction
Posted: 16 Nov 2012
Date Written: December 2012
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: Suggested Citation