Integration and development of the Italian economy, 1951-1971: a re-examination

The work represents a re-examination of the development of the Italian economy over the 20 year period from 1951 to 1971. The author first addresses cyclical versus structural interpretations. Analysis of the three main phases of the economy’s development since World War II is then provided. The fir...

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Main Authors: P. CIOCCA, R. FILOSA, G.M. REY
Format: Article
Language:English
Published: Associazione Economia civile 2014-01-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11484
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author P. CIOCCA
R. FILOSA
G.M. REY
author_facet P. CIOCCA
R. FILOSA
G.M. REY
author_sort P. CIOCCA
collection DOAJ
description The work represents a re-examination of the development of the Italian economy over the 20 year period from 1951 to 1971. The author first addresses cyclical versus structural interpretations. Analysis of the three main phases of the economy’s development since World War II is then provided. The first phase is 1951-58, when development factors were largely of domestic origin. The second phase is 1959-63, the years characterised by rapid integration and growth. The third phase is 1964-71, the years of the “rationalisation” of production, as well as when growth seemed less certain and more blatantly contradictory. Looking at the entire period under consideration, one may find a unifying factor in the absence of a policy constantly aimed at managing the development process.   JEL: O11, N14, E32
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spelling doaj.art-26082bb88b1a4366b380bdd394215d4c2023-02-03T16:44:46ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-01-012811410.13133/2037-3643/11484Integration and development of the Italian economy, 1951-1971: a re-examinationP. CIOCCAR. FILOSAG.M. REYThe work represents a re-examination of the development of the Italian economy over the 20 year period from 1951 to 1971. The author first addresses cyclical versus structural interpretations. Analysis of the three main phases of the economy’s development since World War II is then provided. The first phase is 1951-58, when development factors were largely of domestic origin. The second phase is 1959-63, the years characterised by rapid integration and growth. The third phase is 1964-71, the years of the “rationalisation” of production, as well as when growth seemed less certain and more blatantly contradictory. Looking at the entire period under consideration, one may find a unifying factor in the absence of a policy constantly aimed at managing the development process.   JEL: O11, N14, E32 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11484ItalyItalian economydevelopmentcyclicalstructuralgrowth
spellingShingle P. CIOCCA
R. FILOSA
G.M. REY
Integration and development of the Italian economy, 1951-1971: a re-examination
PSL Quarterly Review
Italy
Italian economy
development
cyclical
structural
growth
title Integration and development of the Italian economy, 1951-1971: a re-examination
title_full Integration and development of the Italian economy, 1951-1971: a re-examination
title_fullStr Integration and development of the Italian economy, 1951-1971: a re-examination
title_full_unstemmed Integration and development of the Italian economy, 1951-1971: a re-examination
title_short Integration and development of the Italian economy, 1951-1971: a re-examination
title_sort integration and development of the italian economy 1951 1971 a re examination
topic Italy
Italian economy
development
cyclical
structural
growth
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11484
work_keys_str_mv AT pciocca integrationanddevelopmentoftheitalianeconomy19511971areexamination
AT rfilosa integrationanddevelopmentoftheitalianeconomy19511971areexamination
AT gmrey integrationanddevelopmentoftheitalianeconomy19511971areexamination