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The Mezzogiorno Economy After the End of the Special Development Policy

Author

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  • Mariano D'Antonio

Abstract

The paper explores the new situation in the South of Italy (the so-called Mezzogiorno) after the April 1993 abolition of the special public institutions created in the fifties for the development of that area. Initially, the Mezzogiorno economy suffered a dramatic deflationary impact due to the decline in public expenditure on infrastructures and incentives to enterprises. In the last five years some positive signs have appeared, including growth of small-sized firms, increase in exports, and labour mobility. The new policy must aim at favouring local development, fostering trust and co-operation among economic agents, enhancing the efficiency of local government and encouraging the creation of new competitive enterprises.

Suggested Citation

  • Mariano D'Antonio, 2002. "The Mezzogiorno Economy After the End of the Special Development Policy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, June.
  • Handle: RePEc:rar:journl:0157
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    More about this item

    Keywords

    Economic Development; Regional Development Policy;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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