Stefano Micossi () (Assonime, Roma e College of Europe, Bruges)
Abstract
This essay discusses the endemic weaknesses of Italian industry in a historical as well as analytical perspective. The main conclusion is that these weaknesses may not be determined by some hereditary shortcomings of character and skill of our entrepreneurial class, but rather by the economic and social policies that have been followed since the Constituent Assembly. In particular, the prevailing small size and strong concentration of ownership could mainly be a consequence of labour market rules introduced at the end of the 1960s, as well as the economic and social policies followed in order to permit those rules to survive, despite their inconsistency with the changing competitive environment.
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Volume (Year): 96 (2006) Issue (Month): 4 (July-August) Pages: 13-48 Download reference. The following formats are available: HTML
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Handle: RePEc:rpo:ripoec:v:96:y:2006:i:4:p:13-48
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Find related papers by JEL classification: L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment P12 - Economic Systems - - Capitalist Systems - - - Capitalist Enterprises P47 - Economic Systems - - Other Economic Systems - - - Performance and Prospects
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Rafael La Porta & Florencio Lopez-De-Silanes & Andrei Shleifer, 1999.
"Corporate Ownership Around the World,"
Journal of Finance,
American Finance Association, vol. 54(2), pages 471-517, 04.
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