1 / 9

Italian economic “ miracle”

Italian economic “ miracle”. Post–World War II economic expansion. Italian economic miracle ( Italian : il miracolo economico ). Constant GDP growth on average 5.9% each year, reaching the peak of 8.3 in 1961 Industrial output peaked at over 10% each year

rona
Download Presentation

Italian economic “ miracle”

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Italianeconomic “miracle” Post–World War II economic expansion

  2. Italian economic miracle(Italian: il miracolo economico) • Constant GDP growth • on average 5.9% each year, reaching the peak of 8.3 in 1961 • Industrial output peaked at over 10% each year • rate surpassed only by Japan and West Germany • Practically full employment • 1963: Investment reached 27% of GDP

  3. Fiat 600, iconic middle-class dream car and status symbol of the 1950-60s

  4. Olivetti typewriter in 1950s

  5. Marshall Plan

  6. Marshall plan expendituresSource: wikipedia.org

  7. Early Criticism: Wilhelm Röpke • WillDollars Save the World? • - Henry Hazlitt (1947) What do you think?

  8. Sources used: • Oscar Ornati, “Italian Economic Miracle”, www.jstor.org Social Research:1963 • Economy of Italy, www.wikipedia.org • Olivetti, en.academic.ru • Marshall Plan, www.wikipedia.org

More Related