Foreign trade and economic expansion in Italy, 1951-1990
This research explores the relationship between economic growth and trade sector performance in the context of the Italian experience over the post-Second World War period. In order to address the effects of external sector growth on Italy's pattern of industrialization and its overall economic growth and development, the focus of the analysis is directed towards the evolution of the trade commodity structure. The performance of the Italian trade sector is analyzed by a disaggregated approach to the country's trade sector based upon a commodity breakdown of the trade balance into twenty categories of tradeable goods. This procedure allows a thorough look at changes in competitiveness and product specialization experienced by the external sector over the postwar years. In addition, changes in the commodity structure of trade provide some evidence of how the allocation of domestic resources responds to external conditions. Italy's overall economic growth is also described from the perspective of the trade sector performance.
History, European, Economics, General, Economics, Commerce-Business
University of Illinois - Urbana-Champaign
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University of Illinois at Urbana-Champaign