Advertisement

Performance

  • Pierluigi Ciocca

Abstract

The changes in the Italian financial system whose causes and basic outcomes we have examined were structural and so mark an important advance. The old forms were incompatible with the new international trends. Above all, they corresponded to the modus operandi of a mixed economy undergoing a slow, contradictory but irreversible process of dissolution. But more advanced morphological arrangements, though positive per se, can operate with different degrees of efficiency and prove to be more or less functional to the economy. In our discussion these three levels — forms, efficiency and economic effects — are treated sequentially and separately. With this approach, our analysis can lay a better foundation for a concluding judgment and, if not predictions, at least some suggestions of the shape of things to come.

Keywords

Total Asset Euro Area Institutional Investor Spot Market Italian Financial System 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. 1.
    G. Becattini, Il concetto d’industria e la teoria del valore, Boringhieri, Turin, 1962.Google Scholar

Copyright information

© Pierluigi Ciocca 2005

Authors and Affiliations

  • Pierluigi Ciocca

There are no affiliations available

Personalised recommendations