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Convergence interrupted. The path of the Italian economy to the mirror of France (1948-2008)
Journal Title: VENTUNESIMO SECOLO 
Author/s: Emanuele Felice 
Year:  2018 Issue: 42 Language: Italian 
Pages:  16 Pg. 185-200 FullText PDF:  337 KB
DOI:  10.3280/XXI2018-042011
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The essay reviews the development of republican Italy, from the post-world war II Reconstruction to the last economic crisis, in a partly original light, the comparison with France. The long convergence of Italy came to a halt around the mid-1990s. With respect to France, significant Italian idiosyncrasies persist: the poor performance of public administration and justice; the weakness of the education and innovation system. These structural features are in line with an industrial structure specialized in medium- and low-tech sectors, and characterized by small-medium enterprises, which was more affected by the labor cost competition engaged in second globalization by the emerging countries. The French mirror can help to explain a lot about Italy’s recent decline.
Keywords: Long-run growth; Globalization; Convergence; Economic history of Italy; Development model; Economic decline.

Emanuele Felice, Convergence interrupted. The path of the Italian economy to the mirror of France (1948-2008) in "VENTUNESIMO SECOLO" 42/2018, pp. 185-200, DOI:10.3280/XXI2018-042011

   

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