Anna Spadavecchia () (Department of Management, University of Reading)
Abstract
This paper compares the magnitude and distribution of regional subsidies to Southern industry to those of subsidies available in the country as a whole through the national industrial policy. The comparison highlights the fact that from the second half of the 1970s, industry located in the most prosperous region of Italy, the North-West, was the main beneficiary of subsidised credit. These findings refine our understanding of the regional policy for Southern Italy and the reasons for its limited achievements. Moreover, the redirection of subsidies away from the South cast doubts on the extent of the Italian government’s commitment to its programme of regional development.
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Find related papers by JEL classification: R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy H50 - Public Economics - - National Government Expenditures and Related Policies - - - General N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
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