Italian economic miracle
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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

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Italian economic miracle

Italianeconomic “miracle”

Post–World War II economic expansion


Italian economic miracle italian il miracolo economico
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




Marshall plan
Marshall Plan the 1950-60s


Marshall plan expenditures the 1950-60sSource: wikipedia.org


Early criticism wilhelm r pke
Early Criticism: the 1950-60sWilhelm Röpke

  • WillDollars Save the World?

  • - Henry Hazlitt (1947) What do you think?


Sources used
Sources used: the 1950-60s

  • 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