Italian Regions Facing a New Crisis: Some Opening Remarks - Mario A. Maggioni, Francesco Timpano - Vita e Pensiero - Articolo Rivista internazionale di Scienze Sociali

Italian Regions Facing a New Crisis: Some Opening Remarks

digital Italian Regions Facing a New Crisis: Some Opening Remarks
Article
journal RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI
issue RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2021 - 2
title Italian Regions Facing a New Crisis: Some Opening Remarks
authors
publisher Vita e Pensiero
format Article | Pdf
online since 06-2021
doi 10.26350/000518_000064
issn 0035-676X (print) | 1827-7918 (digital)
€ 6.00

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The paper looks at regional economic structure and performance of Italian regions and reviews some recent contributions focussed on the Italian “Mezzogiorno” with a specific focus on the effect of the 2008 financial crisis and the recent Pandemics (Covid-19) crisis. A comparison between Italy and the rest of the EU indicates a structural difference between the underperforming Italian economy and the rest of the Union due to the specific structure of the Italian economy in terms of sector and firm size and the consequences on strategic and organizational issues of weak small businesses and inefficient  medium and large enterprises. Moreover, the subordinate positioning of Italian firms in global value chains has been also identified as one of the reasons behind their poor performance in terms of productivity. Since “space matters”, when designing policies, decision makers should consider the role that agglomeration process and the improvement of quality of supra-regional infrastructures may  play in the development of more advances regions, while allowing some trickling-down towards low-performing regions.

keywords

Regional Development, Economic policies, Economic structure.

Authors biography

Mario A. Maggioni, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo, Università Cattolica del Sacro Cuore. Email: mario.maggioni@unicatt.it.
Francesco Timpano, Dipartimento di Scienze economiche e sociali, Università Cattolica del Sacro Cuore. Email: francesco.timpano@unicatt.it.

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