After the Three Italies: Wealth, Inequality and Industrial by Michael Dunford

By Michael Dunford

After the 3 Italies develops a brand new political economic system method of the research of comparative nearby improvement and the territorial department of labour and exemplifies it via an up to date account of Italian business switch and local monetary performance.Responds to contemporary theoretical debates in financial geography, related to economists, geographers and planners. Builds the principles for a brand new theoretical method of local monetary improvement and the territorial department of labour. attracts at the result of a up to date ESRC funded examine venture, in addition to on a wide range of reliable info units. offers an up to date photograph of Italy‘s fiscal functionality and of its fresh improvement relative to different eu nations and the remainder of the area. Analyses Italy's inner differentiation and its power local inequalities. Examines the neighborhood impression of the hot evolution of the auto, chemical compounds, metal and garments industries. ends up in a brand new and extra complicated photo of Italian improvement.

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By Michael Dunford

After the 3 Italies develops a brand new political economic system method of the research of comparative nearby improvement and the territorial department of labour and exemplifies it via an up to date account of Italian business switch and local monetary performance.Responds to contemporary theoretical debates in financial geography, related to economists, geographers and planners. Builds the principles for a brand new theoretical method of local monetary improvement and the territorial department of labour. attracts at the result of a up to date ESRC funded examine venture, in addition to on a wide range of reliable info units. offers an up to date photograph of Italy‘s fiscal functionality and of its fresh improvement relative to different eu nations and the remainder of the area. Analyses Italy's inner differentiation and its power local inequalities. Examines the neighborhood impression of the hot evolution of the auto, chemical compounds, metal and garments industries. ends up in a brand new and extra complicated photo of Italian improvement.

Show description

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A major feature of the economic geography of Italy and the developed world was, accordingly, either overlooked or not explained. The significance of the uneven development of different worlds of production has increased in recent years. One reason why is that, after three decades of growth, the relative economic performance of the Third Italy deteriorated sharply, as did that of Italy as a whole. At the root of these growth slowdowns were the interaction of specialization in the traditional ‘Made in Italy’ sectors, a changing external environment and changed conditions in areas of growth.

The second reason for international interest in the Third Italy lay in two arguments advanced by Piore and Sabel (1984). 2005 11:47am page 6 I NT R O D U C TI O N growth slowdown was associated with a crisis of the Fordist industrial model (defined as mass production of standardized goods with dedicated machines and unskilled workers). The second was that the developmental success of the Third Italy was a result of a model of industrial development that offered an alternative to the mass production system and a way out of the crisis of Fordism.

For professional work, individualized semi-professional relations were preferred. In these circles, what prevailed was a market logic that prioritized short-term profitability and a culture centred on laissez-faire, individualism and speculation. SME systems were in other words just one of several worlds. In the conditions prevailing in the 1970s and 1980s this world was one that achieved dynamic growth and played a leading role in sustaining Italian economic expansion. As a result, it did warrant special attention, but not to the exclusion of other worlds.

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