The Banks And The Italian Economy

Author : Damiano Bruno Silipo
Publisher : Springer Science & Business Media
Page : 242 pages
File Size : 41,5 Mb
Release : 2009-04-22
Category : Business & Economics
ISBN : 9783790821123

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The Banks and the Italian Economy by Damiano Bruno Silipo Pdf

Damiano Bruno Silipo In the 1990s the Italian banking system underwent profound normative, institutional and structural changes. The Consolidated Law on Banking (1993) and that on Finance (1998) instituted the legal framework for a far-reaching overhaul of the Italian banking and ?nancial system: signi?cant relaxation of entry barriers, the liberalization of branching, the privatization of the Italian banks, and a massive process of mergers and acquisitions. Following the Bank of Italy’s liberalization of branching in 1990, in 10 years the number of bank branches increased by 70% in Italy, while in the rest of Europe it declined. Over the decade the average number of banks doing business in a province rose from 27 to 31, while a wave of mergers (324 operations) and acquisitions (137) revolutionized the Italian banking industry, reducing the overall number of Italian banks by 30%. To a signi?cant extent this concentration represented take-overs of troubled Southern banks by Central and Northern ones. As a result of these developments (plus a rise in banking productivity and a fall in costs), the spread between short-term lending and deposit rates fell from 7 percentage points in 1990 to 4 points in 1999. And despite an increase in concentration in a number of local credit markets, the interest-rate differential between the locally dominant and other banks generally narrowed.

Author : P. Ciocca
Publisher : Springer
Page : 247 pages
File Size : 43,8 Mb
Release : 2004-11-10
Category : Business & Economics
ISBN : 9780230005921

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The Italian Financial System Remodelled by P. Ciocca Pdf

This book looks at the banking and finance industries in Italy and how these industries contribute to the Italian economy. Could these industries be the solution to the contradiction in which the country's economy has been caught for several years: it is better governed than it has been in the past, but is not growing as much as it could. The book looks at how this solution might be achieved and what factors will govern the contribution of the banking and finance industries.

Author : Donald C. Templeman
Publisher : New York, N.Y. : Praeger
Page : 392 pages
File Size : 52,7 Mb
Release : 1981
Category : Business & Economics
ISBN : STANFORD:36105036187792

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The Italian Economy by Donald C. Templeman Pdf

Author : Massimo Di Matteo,Paolo Piacentini
Publisher : Routledge
Page : 378 pages
File Size : 51,8 Mb
Release : 2018-05-08
Category : Political Science
ISBN : 9781351771252

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The Italian Economy at the Dawn of the 21st Century by Massimo Di Matteo,Paolo Piacentini Pdf

This title was first published in 2003. Most of the essays collected in this volume are the revised versions of the reports presented at a conference held at the University of Tokyo in October 2001, organised as part of the initiatives of the "Italian Year" in Japan, and supported by the Foundation Italy in Japan 2001, the Italian Chamber of Commerce in Tokyo, the Italian Ministries of Foreign Affairs and of Higher Education, and the University of Tokyo. The essays, which aim at a fact-based presentation, provide a thorough survey of the relevant problems and aspects of present-day Italian economy and society. Those peculiar features of the Italian economy, such as its dualistic industrial structure and territorial divide, are analysed at length, with an eye to open policy options. The economic analyses are complemented by presentations of some of the central topics on the Italian social framework, such as the role of family and the "Third Sector".

Author : Commission of the European Communities. Directorate-General for Economic and Financial Affairs
Publisher : Unknown
Page : 200 pages
File Size : 43,8 Mb
Release : 1993
Category : Economic indicators
ISBN : UCSD:31822015293426

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The Economic and Financial Situation in Italy by Commission of the European Communities. Directorate-General for Economic and Financial Affairs Pdf

Author : Kevin Allen,Andrew A. Stevenson
Publisher : Unknown
Page : 320 pages
File Size : 45,5 Mb
Release : 1975
Category : Business & Economics
ISBN : UOM:39015005240042

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An Introduction to the Italian Economy by Kevin Allen,Andrew A. Stevenson Pdf

Author : Carlo Bastasin,Gianni Toniolo
Publisher : Cambridge University Press
Page : 191 pages
File Size : 41,6 Mb
Release : 2023-09-07
Category : Business & Economics
ISBN : 9781009235341

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The Rise and Fall of the Italian Economy by Carlo Bastasin,Gianni Toniolo Pdf

Carlo Bastasin and Gianni Toniolo provide a much-needed, up-to-date economic history of Italy from unification in 1861 to the present day. They show how, thirty years after unification, Italy began a long phase of convergence with more advanced economies so that by the late twentieth century Italy's per capita income reached the levels of Germany, France and the UK. From the mid-1990s, however, the Italian economy declined first in relative and then absolute terms. The authors describe the intertwined financial and institutional crises that eroded trust in the political system and in the economy at the exact juncture when new technologies and markets transformed the global economy. Longstanding problems of uneven levels of education and obsolete bureaucratic and judicial practices deepened the division between economically vibrant regions and the rest, causing polarization, political instability and rising public debt. Italy's contemporary malaise makes the country a test-case for understanding the implications of protracted declines in productivity and the flattening of GDP growth for the stability of western democracies, resulting in populism, mistrust and political instability.

Author : Jon S. Cohen,Giovanni Federico
Publisher : Cambridge University Press
Page : 156 pages
File Size : 51,7 Mb
Release : 2001-09-06
Category : Business & Economics
ISBN : 0521666929

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The Growth of the Italian Economy, 1820-1960 by Jon S. Cohen,Giovanni Federico Pdf

A brief, up-to-date account of Italy's transformation from an agrarian state to an industrial powerhouse.

Author : Stefano Cosma
Publisher : Springer
Page : 217 pages
File Size : 44,6 Mb
Release : 2012-11-13
Category : Business & Economics
ISBN : 9781137291905

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The Italian Banking System by Stefano Cosma Pdf

Why was the Italian Banking System more resilient during the sub-prime crisis and harder-hit in the sovereign crisis? Will their strength in the retail market result as an asset or a liability for Italian banks in the future? This book offers an in-depth analysis of one of the most important EU banking systems its attempts to weather the crisis.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 123 pages
File Size : 43,6 Mb
Release : 1995-05-10
Category : Business & Economics
ISBN : 9781451819687

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Italy by International Monetary Fund Pdf

This paper reviews developments in the Italian economy during 1994 with some special attention to some specific issues. It describes trends in the real economy, with special annexes focusing on the outlook for inflation and the response of employment to cyclical and structural factors. The paper discusses fiscal developments, and summarizes developments in the monetary sector. It also reviews empirical evidence on money demand in Italy, and the combination of cyclical and structural factors impinging on the banking system.

Author : P. Ciocca
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 43,9 Mb
Release : 2004-11-10
Category : Business & Economics
ISBN : 1403934797

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The Italian Financial System Remodelled by P. Ciocca Pdf

This book looks at the banking and finance industries in Italy and how these industries contribute to the Italian economy. Could these industries be the solution to the contradiction in which the country's economy has been caught for several years: it is better governed than it has been in the past, but is not growing as much as it could. The book looks at how this solution might be achieved and what factors will govern the contribution of the banking and finance industries.

Author : Richard M. Locke
Publisher : Cornell University Press
Page : 252 pages
File Size : 55,7 Mb
Release : 2018-09-05
Category : Political Science
ISBN : 9781501731914

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Remaking the Italian Economy by Richard M. Locke Pdf

Author : Sebastian Dörr,Mr.Mehdi Raissi,Anke Weber
Publisher : International Monetary Fund
Page : 29 pages
File Size : 55,9 Mb
Release : 2017-03-24
Category : Business & Economics
ISBN : 9781475588941

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Credit-Supply Shocks and Firm Productivity in Italy by Sebastian Dörr,Mr.Mehdi Raissi,Anke Weber Pdf

The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme and loan-level data on syndicated lending. We exploit the heterogeneous loan exposure of Italian banks to foreign borrowers in distress, and find that a negative shock to bank credit supply reduces firms' loan growth, investment, capital-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market rigidities, which delay or distort the adjustment of firms' desired labor and capital allocations, and thereby reduce firms' productivity. Effects are stronger for firms with higher capital intensity and external financial dependence.

Author : Vera Zamagni
Publisher : Clarendon Press
Page : 434 pages
File Size : 40,7 Mb
Release : 1993-10-28
Category : Business & Economics
ISBN : 9780191590221

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The Economic History of Italy 1860-1990 by Vera Zamagni Pdf

This book gives a full account of the economic and social history of Italy since unification (1860), with an introduction covering the previous period since the Middle Ages. The Economic History of Italy represents a scholarly and authoritative account of Italy's progress from a rural economy to an industrialized nation. The book makes a broad division of the period into three parts: the take-off (1860-1913), the consolidation in the midst of two wars and a world depression (1914-47), and the great expansion (1948-1990). Professor Zamagni traces the growth of industrialization, and argues that despite several advanced areas Italy only became an industrialized nation after the Second World War, and that during the 1980s the South was still clearly behind the rest of the country. Zamagni analyses data both from a macroeconomic position, in looking at the growth of the finance sector, or the role of the State, and from a microeconomic position when she draws conclusions from the changing population structure, or from the actions of individual businesses. Professor Zamagni reveals that even though the population more than doubled during this time the level of national income rose 19-fold, to move Italy from a peripheral status in Europe to a central position as a prosperous country. A central theme of the book is Professor Zamagni's argument that the Italian economy has been successful not by any great individuality of its own but by being flexible enough to incorporate the successes of other countries: Japan's integrated business network, for example, or Germany's financial structure. She places the industrialization of Italy in the international context by comparing Italy's GDP and other measures of prosperity at different times to the USA, Japan, the UK, France, and Germany. The book is based on original field-work by the author, and the many detailed but small-scale studies existing in Italian. Quantitative trends are described in more than 70 tables of data, while the book provides appendices containing chronologies of main events in various sectors and biographies.

Author : Anonim
Publisher : Unknown
Page : 972 pages
File Size : 44,7 Mb
Release : 1999
Category : Italy
ISBN : NWU:35556033615097

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Review of Economic Conditions in Italy by Anonim Pdf