Journal title STUDI ECONOMICI
Author/s Antonio Pedone
Publishing Year 2015 Issue 2014/112 Language English
Pages 10 P. 172-181 File size 40 KB
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In his analysis of Italian post-war economic growth, Augusto Graziani has pointed out the main shortcomings of Italy’s economic policy, particularly after the end of the so-called "economic miracle". He was very critical of Italian short-term stabilization policy founded mainly on deflationary monetary policy with negative consequences on employment and investment. He was in favour of a short-term stabilization policy strictly linked to policies designed to boost growth and to mitigate the many "dualisms" affecting the Italian economy. To this end, he proposed a large programme of public investment, not only of public works but also of industrial investment from state-owned enterprises.
Keywords: Augusto Graziani, economic dualisms, public investment, stabilization policy
Jel codes: E52, E61
Antonio Pedone, Economic stabilization and growth policies in Augusto Graziani’s approach in "STUDI ECONOMICI " 112/2014, pp 172-181, DOI: 10.3280/STE2014-112013