SUPRA-NATIONAL INTEGRATION AND DOMESTIC ECONOMIC GROWTH by Simone Selva ( 9783631605790 )

Item Details

Title:

SUPRA-NATIONAL INTEGRATION AND DOMESTIC ECONOMIC GROWTH
THE UNITED STATES AND ITALY IN THE WESTERN BLOC REARMAMENT PROGRAMS 1945-1955

By:

Simone Selva

Format:

Hardback

List price:

£47.25

Our price:

£42.53

Discount:

10% off

You save:

£4.72

ISBN 10:

363160579X

ISBN 13:

9783631605790

Availability:

This item will be printed on demand and will usually be dispatched within 10 days.

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Stock:

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Publisher:

PETER LANG AG

Pub. date:

11 October, 2012

Series:

Arbeit, Bildung und Gesellschaft / Labour, Education and Society 28

Pages:

214

Description:

A study of Italy that highlights the impact that the defense procurement contracts had both on monetary stability and balance of payments, as well as the integration of the Italian products within the infant European trade area.

Synopsis:

Through a detailed reconstruction of American rearmament programs to Italy from the birth of NATO through the implementation of multilateral military assistance during the early 1950s, this research challenges the idea that the end of reconstruction marked a striking American shift from economic aid to defense policies. The case study of Italy highlights the impact that the defense procurement contracts had both on monetary stability and balance of payments, as well as the integration of the Italian products within the infant European trade area. This monograph demonstrates that through military assistance the United States promoted balance of payments equilibrium and expansionary domestic aggregate demand to lay down the foundation of a mass consumption market. Furthermore, this work makes the point that the Italian elites resorted to Italy's industrial role as production source for NATO to both export manufactured products to the West European economies and import high added value instrumental goods from the U.S. markets.

Publication:

Switzerland

Imprint:

Peter Lang AG

Returns:

Returnable

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