Export Credit and Italy’s Foreign Economic Policy. A Note on the Role of Mediobanca, 1950s-1960s

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Fascicle

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2021 - 3

Title

Export Credit and Italy’s Foreign Economic Policy. A Note on the Role of Mediobanca, 1950s-1960s

Author

Giovanni Farese

Publisher

Vita e Pensiero

Format

Article |

Pdf

Online from

11-2021

Doi

10.26350/000518_000073

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

In the 1950s, the structural transformation of the Italian economy from mainly agricultural to mainly industrial paved the way for the country’s new role in the world economy and in world politics. Via export credit, medium-term credit institutions like Mediobanca played an important role in this process. The evolution of Mediobanca’s export credit in the 1950-1960s shows Italy’s projection beyond the Iron Curtain and towards the Global South, consistent with the Cold War’s ‘‘de´tente’’, Italy’s ‘‘neo-atlanticism’’, and foreign aid to the Third World. At the crossroads between economics, politics, and international relations, the topic is framed by general issues such as the Cold War and decolonization, as well as both European and world integration.