The debate about the origin of the North-South divide in Italy usually overlooks the effects of the monetary union achieved in 1862, just after the politic unification. Italy was not an optimum currency area for a low degree of factor mobility and the specialization effects that the common currency generated. In this way, with the Italian monetary unification, North and South have laid the groundwork to diverge.
L'unificazione monetaria italiana e il divario Nord-Sud
Andrea Filocamo
2017-01-01
Abstract
The debate about the origin of the North-South divide in Italy usually overlooks the effects of the monetary union achieved in 1862, just after the politic unification. Italy was not an optimum currency area for a low degree of factor mobility and the specialization effects that the common currency generated. In this way, with the Italian monetary unification, North and South have laid the groundwork to diverge.File in questo prodotto:
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