The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Oxford Handbooks

First comprehensive overview in English of Italian economic history in decades
Provides new series of statistics, corrects old sets, and analyzes the long-term quantitative economic history of Italy within an international framework

The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Description

This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy.

The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.

The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Oxford Handbooks

Foreword
Map: Italy, 1861
Map: Italy, present day

Part I - Aggregate Growth and Policy
1. An Overview of Italy's Economic Growth : Gianni Toniolo
2. Italy and the First Age Globalization, 1861-1940: Harold James and Kevin H. O'Rourke
3. The Golden Age and the Second Globalization in Italy: Nicholas Crafts and Marco Magnani
4. Italy, Germany and Japan: From Economic Miracles to Virtual Stagnation: Andrea Boltho
5. The Italian Economy Seen from Abroad: Marcello de Cecco

Part II - Sources of Growth and Welfare
6. National Accounts, 1861-2011: Alberto Baffigi
7. Productivity: Stephen N. Broadberry, Claire Giordano, and Francesco Zollino
8. Standards of Living: Andrea Brandolini and Giovanni Vecchi
9. Human Capital: Giuseppe. Bertola and Paolo Sestito
10. Migrations: Matteo Gomellini and Cormac O' Grada
11. Democratization and Civic Capital: Luigi Guiso and Paolo Pinotti

Part III - International Competitiveness
12. A Long-Run Perspective on Comparative Advantage: Giovanni Federico and Nikolaus Wolf
13. Real exchange Rates, Trade, and Growth: Virginia Di Nino, Barry Eichengreen, and Massimo Sbracia
14. Innovation and Foreign Technology: Federico Barbiellini Amidei, John Cantwell, and Anna Spadavecchia
15. Old and New Italian Manufacturing Multinational Firms: Fabrizio Onida, Giuseppe Berta, and Mario Perugini

Part IV - Firms, Banks, and the State
16. Techonology, Firm Size and Entrepreneurship: Franco Amatori, Matteo Bugamelli, and Andrea Colli
17. Resource allocation by the Banking System: Stefano Battilossi, Alfrado Gigliobianco, and Giuseppe Marinelli
18. Public Debt and Economic Growth: Italy's First 150 Years: Fabrizio Balassone, Maura Francese, and Angelo Pace
19. Why the Administrative System is a Source of Competitive Disadvantage: Magda Bianco and Giulio Napolitano

Part V - The Regional Divide
20. Regional Convergence: Giovanni Iuzzolino, Guido Pellegrini, and Gianfranco Viesti
21. Regional Disparities: Internal Geography and External Trade: Brian A'Hearn and Anthony J. Venables

Data Appendix - Italy's National Accounts (1861-2010): Alberto Baffigi, Stephen N. Broadberry, Claire Giordano, and Francesco Zollino
Index

The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Oxford Handbooks

Author Information

Gianni Toniolo is Research Professor of Economics at Duke University, Professor of Political Science at LUISS (Roma) and Research Fellow at the Center for Economic Policy Research in London. His research has been published in a number of academic journals and he has authored several books, including The World Economy between the Wars (Oxford University Press, 2008)

Contributors:

Brian A'Hearn: Pembroke College, Oxford
Franco Amatori: Università Commerciale Luigi Bocconi
Alberto Baffigi: Banca d'Italia
Fabrizio Balassone: Banca d'Italia
Federico BarBanca d'Italiaellini Amidei: Banca d'Italia
Stefano Battilossi: Universidad Carlos III de Madrid
Giuseppe Berta: Università Commerciale Luigi Bocconi
Giuseppe Bertola: EDHEC Business School
Magda Banca d'Italiaanco: Banca d'Italia
Andrea Boltho: Oxford University
Andrea Brandolini: Banca d'Italia
Stephen Broadberry: London School of Economics
Matteo Bugamelli: Banca d'Italia
John Cantwell: Rutgers Business School
Andrea Colli: Università Commerciale Luigi Bocconi
Nicholas Crafts: University of Warwick
Marcello De Cecco: Scuola Normale Superiore di Pisa
Virginia Di Nino: Banca d'Italia
Barry Eichengreen: University of California, Berkeley
Giovanni Federico: European University Institute
Maura Francese: Banca d'Italia
Alfredo GiglioBanca d'Italiaanco: Banca d'Italia
Claire Giordano: Banca d'Italia
Matteo Gomellini: Banca d'Italia
Luigi Guiso: Einaudi Institute for Economics and Finance
Giovanni Iuzzolino: Banca d'Italia
Harold James: Princeton University
Marco Magnani: Banca d'Italia
Giuseppe Marinelli: Banca d'Italia
Giulio Napolitano: Università degli studi Roma Tre
Cormac O'Grada: University College Dublin
Fabrizio Onida: Università Commerciale Luigi Bocconi
Kevin O'Rourke: University of Oxford
Angelo Pace: Banca d'Italia
Guido Pellegrini: Sapienza Università di Roma
Mario Perugini: Università Luigi Bocconi
Paolo Pinotti: Università Luigi Bocconi
Massimmo Sbracia: Banca d'Italia
Paolo Sestito: Banca d'Italia
Anna Spadavecchia: University of Reading
Gianni Toniolo: Università LUISS-Roma and Duke University
Giovanni Vecchi: Università degli Studi di Roma Tor Vergata
Anthony Venables: University of Oxford
Gianfranco Viesti: Università degli Studi di Bari Aldo Moro
Nikolaus Wolf: Humboldt University Berlin
Francesco Zollino: Banca d'Italia

The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Oxford Handbooks

Reviews and Awards

"A most ambitious re-interpretative project in modern European economic history... As the reader will realize, the long journey through this lengthy book is worth pursuing. Italian and European economic history is better and more thoughtful after the appearance of The Oxford Handbook of the Italian Economy." -- EH.Net

The Oxford Handbook of the Italian Economy Since Unification

Gianni Toniolo

Oxford Handbooks

From Our Blog

Five important facts about the Italian economy

Though the Eurozone crisis left many European countries struggling in its wake, Italy suffered one of the most crippling hits to its economy. As Gianni Toniolo notes in his edited volume, The Oxford Handbook of the Italian Economy Since Unification, between 2007-2009, there was a 'loss of more than 5 percentage points in GDP per person, a decline comparable with that of the Italian Great depression of the early 1930s.'

Posted on January 22, 2014

Read the blog post