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Europe's AdvantageBanks and Small Firms in Britain, France, Germany, and Italy since 1918$
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Francesca Carnevali

Print publication date: 2005

Print ISBN-13: 9780199257393

Published to Oxford Scholarship Online: September 2006

DOI: 10.1093/0199257396.001.0001

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Small Firms and Made in Italy

Small Firms and Made in Italy

(p.170) 10 Small Firms and Made in Italy
Europe's Advantage

Francesca Carnevali (Contributor Webpage)

Oxford University Press

This chapter considers the reasons behind successive Italian governments’ decision to continue their support of small firms after 1945, and how this has shaped the structure of the economy. The relationship between local banks and small firms is analysed further, considering the claim made by the literature that Italy’s banks present high levels of inefficiency.

Keywords:   banking regulation, subsidies, credit restrictions, local banks

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