Esportazioni, investimenti diretti esteri e competitività del sistema paese nel mercato internazionale

Translated title of the contribution: [Autom. eng. transl.] Exports, foreign direct investment and competitiveness of the country system in the international market

Marco Fortis

Research output: Contribution to journalArticle

Abstract

[Autom. eng. transl.] Italy has established itself as the second largest manufacturing producer in Europe after Germany. This is due to a strong export orientation of its industry. Today, Italy is one of only five G-20 countries, along with China, Germany, Japan and South Korea, to present a foreign trade surplus in non-food products. A positioning built step by step over the 150 years since the unification, with an acceleration in the second post-war period when the Made in Italy imposed itself on international markets not only in the most famous sectors of personal goods (fashion and related accessories) and the home (furniture, tiles), but also in that of mechanics. This essay examines both trade and foreign direct investment in Italy over a long period of time. The traditional pre-condition indices of competitiveness, such as productivity or the effective exchange rate, would now seem to condemn Italy to be weak in international trade. But the results-based competitiveness indicators, including the recent Trade Performance Index of UNCTAD / WTO, show a different reality. Having overcome the first difficult phase of globalization, Made in Italy is aiming at emerging markets, enhancing its niche specializations.
Translated title of the contribution[Autom. eng. transl.] Exports, foreign direct investment and competitiveness of the country system in the international market
Original languageItalian
Pages (from-to)65-147
Number of pages83
JournalReview of Economic Conditions in Italy
Volume2011
Publication statusPublished - 2011

Keywords

  • Esportazioni
  • Export
  • Foreign direct investment
  • Trade Performance Index
  • competitiveness
  • competitività
  • distretti industriali
  • industrial clusters
  • investimenti diretti esteri
  • made in Italy
  • primati made in Italy

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