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Italy�s system for supporting internationalization

  • Filippo Vergara Caffarelli

    ()

    (Bank of Italy)

  • Giovanni Veronese

    ()

    (Bank of Italy)

This study analyses Italy�s system for supporting internationalization, i.e. the set of public institutions and policies for promoting Italian businesses and products abroad. These policies are designed to overcome the barriers to operation in foreign markets, which may be distant in terms of culture and regulation and hard to access owing to legal and bureaucratic obstacles. The goal is to enhance the competitiveness of the Italian economy and ultimately put it back onto a growth path. The analysis has two parts: the examination of the institutional framework and the quantification of the public human and financial resources that are employed, thus providing an initial assessment of the performance of the system as a whole. Despite recent regulatory changes, the system is still quite complicated, with problems of coordination and overlapping among the different actors. Consequently the promotional system, while mobilizing considerable human and financial resources, even by comparison with Italy�s main European partners, is lagging behind in its ability to encourage foreign establishment and exports of Italian companies.

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File URL: http://www.bancaditalia.it/pubblicazioni/qef/2013-0196/QEF_196.pdf
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Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 196.

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Date of creation: Sep 2013
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Handle: RePEc:bdi:opques:qef_196_13
Contact details of provider: Postal: Via Nazionale, 91 - 00184 Roma
Web page: http://www.bancaditalia.it
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  1. Rubén Segura-Cayuela & Josep M. Vilarrubia, 2008. "The effect of foreign service on trade volumes and trade partners," Banco de Espa�a Working Papers 0808, Banco de Espa�a.
  2. Elhanan Helpman & Marc Melitz & Yona Rubinstein, 2007. "Estimating Trade Flows: Trading Partners and Trading Volumes," NBER Working Papers 12927, National Bureau of Economic Research, Inc.
  3. Volker Nitsch, 2007. "State Visits and International Trade," The World Economy, Wiley Blackwell, vol. 30(12), pages 1797-1816, December.
  4. Arjan Lejour & Harold Creusen, 2011. "Uncertainty and the export decisions of Dutch firms," CPB Discussion Paper 183, CPB Netherlands Bureau for Economic Policy Analysis.
  5. Christian Volpe Martincus & Jerónimo Carballo, 2010. "Beyond The Average Effects: The Distributional Impacts of Export Promotion Programs in Developing Countries," IDB Publications (Working Papers) 36718, Inter-American Development Bank.
  6. Keith Head & John Ries, 2010. "Do trade missions increase trade?," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 754-775, August.
  7. Jan De Loecker, 2013. "Detecting Learning by Exporting," American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 1-21, August.
  8. Lederman, Daniel & Olarreaga, Marcelo & Payton, Lucy, 2010. "Export promotion agencies: Do they work?," Journal of Development Economics, Elsevier, vol. 91(2), pages 257-265, March.
  9. repec:idb:brikps:publication-detail,7101.html?id=21146 is not listed on IDEAS
  10. Kichun Kang, 2011. "Overseas Network Of Export Promotion Agency And Export Performance: The Korean Case," Contemporary Economic Policy, Western Economic Association International, vol. 29(2), pages 274-283, 04.
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