Il ruolo della Banca d’Italia dalla ricostruzione post-bellica alla fine degli anni Settanta: una nota

The Bank of Italy has traditionally held a dominant position in the economic policy of our country. We examine this role focusing on the 1960s and 1970s and we analyze the context in which economic policy takes place, the relations between the Bank and the government, the goals and tools of the Bank who saw in monetary stability a vital aspect of economic growth more than a goal per se. This position looked at inflation in its potential redistributive effect and for the effects it determines on accumulation and competitiveness and, therefore, on the balance of current account.