Reframing Italian Economic History, 1861-2021: Creative Destruction and the Italian Society - Nicola Rossi
English | 2024 | 348 Pages | ISBN: 3031672704 | PDF EPUB (True) | 12.9 MB
The book challenges several key assumptions about the growth of the Italian economy, including the notion that Italy has 'caught up' with its main Western partners and arguing that in long-run perspective the Italian economy has performed disappointingly. In particular, the book highlights how the role of cultural values, beliefs and preferences are just as important as institutions and institutional change in explaining the trajectory of the economy, arguing that a widespread 'growth-averse' culture exists in Italian society that diverges from the dominant market paradigms of the Western world.