The Two Souths of Alfredo Del Monte

Giacomo Costa ()
Additional contact information
Giacomo Costa: Università di Pisa

Rivista Internazionale di Scienze Sociali, 2021, vol. 129, issue 2, 253-262

Abstract: Del Monte’s book deals with the convergence among different and heterogeneous areas of a single country. He has adopted a comparative approach: the two less developed areas are the two Souths, Italy, and the USA. Its purpose is to explain the fact that the famous convergence thesis of neo-classical growth theory holds for the American South but not for the Mezzogiorno. In a first approximation, the answer lies in the fact that growth in the South of the USA and the Mezzogiorno followed two different patterns. In the former, the crucial role was played by manufacturing and exports, while in the latter by public expenditure and other fiscal transfers. This explanation needs some further clarifications, which indeed are given in the book. Special attention is given to cultural and institutional as distinct from strictly economic factors in the development processes.

Keywords: Developing countries; Regional development; Institutions and growth; Growth convergence (search for similar items in EconPapers)
JEL-codes: N0 N4 O1 O2 O5 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://riss.vitaepensiero.it/scheda-articolo_digi ... 002_0253-370914.html (text/html)
Yes

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2021:v:129:i:2:p:253-262

Access Statistics for this article

Rivista Internazionale di Scienze Sociali is currently edited by Maurizio Baussola

More articles in Rivista Internazionale di Scienze Sociali from Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore
Bibliographic data for series maintained by Vep - Vita e Pensiero ().