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L'evoluzione dei sistemi finanziari locali nell'era dell'euro


  • Pietro Alessandrini

    (Universit? degli Studi di Ancona, Dipartimento di Economia, Ancona)

  • Alberto Zazzaro

    (Universit? degli Studi di Ancona, Dipartimento di Economia, Ancona)


In the next few years, the Italian financial system will face the challenges of an increasingly competitive environment. The need for change is however constrained by the traditional structure of the Italian economy (with large numbers of small firms and marked regional disparities). This paper focuses on the role and on the future prospects of local financial systems. We identify and address four sets of problems: (a) the relationship between the real and the financial sectors at the regional level; (b) the integration between central and peripheral financial markets; (c) the role of local banks; and (d) the introduction of financial innovations consistent with different levels of regional development.

Suggested Citation

  • Pietro Alessandrini & Alberto Zazzaro, 2000. "L'evoluzione dei sistemi finanziari locali nell'era dell'euro," Moneta e Credito, Economia civile, vol. 53(211), pages 279-299.
  • Handle: RePEc:psl:moneta:2000:32

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    Cited by:

    1. Ivana Catturani & Carlo Borzaga, 2014. "Facts and Stereotypes about Cooperative Banks: To Whom Do CBs Actually Lend?," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(2), pages 7-13, December.

    More about this item



    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General


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