Cassa per il Mezzogiorno

Cassa per il Mezzogiorno

The Cassa per il Mezzogiorno (English: "Register or Fund for the South") was a public effort by the government of Italy to stimulate economic growth and development in the less developed southern regions of Italy and Sardinia. It was established in 1950 primarily to construct public works and infrastructure (roads, bridges, hydroelectric and irrigation) projects, and to provide credit subsidies and tax advantages to promote investments. It ceased in 1984, although its mandate is maintained by successive, less centralised organisations.

It focused mostly on rural areas and many say that it assisted Southern Italy to enter the modern world, although there is evidence that some of the funds were squandered due to poor financial management by the government. Historian Denis Mack Smith noted, in the 1960s, that about a third of the money was squandered. Steel mills and other projects were promised but never built, and many irrigation projects and dams were never completed as intended.

The government-led industry that was created was marginal, but the need for skilled labour led to a drop in southern unemployment. Italian jounalist Luigi Barzini also noted that funds were usually given to major Italian companies to build large scale, highly automated manufacturing plants, requiring huge amounts of money to build and needing minimal staffing due to the automated nature of the plants. Most of the profits would return to companies based elsewhere in Italy with little benefit to the local economyFact|date=June 2008.

The Cassa per il Mezzogiorno resulted in a mass migration of about two million people in the late 1950s and early 1960s out of Mezzogiorno and into northern Italy and other countriesFact|date=June 2008. This left a social gap in the south, with most of the seniors, women, and children left behind.

References

http://www.crvp.org/book/Series04/IV-2/chapter_iii.htm

http://www.encyclopedia.com/doc/1E1-Mezzogio.html

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P037414

External links

* http://www.britannica.com/EBchecked/topic/556732/Southern-Development-Fund


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Cassa per il Mezzogiorno — (Southern Development Fund)    The creation of the Cassa per il Mezzogiorno was the outcome of growing unrest in southern Italy over rural poverty, and together with the land reform of 1950 was an attempt to raise living standards for the South.… …   Historical Dictionary of modern Italy

  • Mezzogiorno — ▪ region, Italy       region in Italy roughly coextensive with the former Kingdom of Naples (Naples, Kingdom of); in current Italian administrative usage, it is a mainland subregion consisting of the southern Italian regions of Abruzzi, Molise,… …   Universalium

  • cassa — càs·sa s.f. 1a. AU contenitore a forma di parallelepipedo usato per riporre o trasportare oggetti: cassa di legno, di metallo, di cartone | estens., la quantità di oggetti che può contenere: una cassa di chiodi, di frutta, di bottiglie 1b. CO… …   Dizionario italiano

  • Mezzogiorno — Para la parte sur de la península Itálica, véase Italia meridional. Para las islas mayores de Italia, véase Italia insular. 508px Mezzogiorno El Mezzogiorno (en italiano normativo, literalmente Mediodía …   Wikipedia Español

  • Mezzogiorno — Mez|zo|gior|no [… d̮ʒɔrno ], der; [ital. mezzogiorno, eigtl. = Mittag]: südlicher Teil Italiens einschließlich Siziliens. * * * Mezzogiorno   [meddzo dʒorno; italienisch »Mittag«, übertragen »Süden«] der, zusammenfassende Bezeichnung für die… …   Universal-Lexikon

  • MEZZOGIORNO — Avec 19,6 millions d’habitants, le Midi italien abrite 36,5 p. 100 de la population du pays. Il s’étend depuis les portes de Rome sur toute la péninsule et les îles de Sicile et de Sardaigne. Les problèmes économiques et sociaux du Sud… …   Encyclopédie Universelle

  • Southern Italy (Il Mezzogiorno) —    The Mezzogiorno comprises the regions of Apulia, Basilicata, Calabria, Campania, Latium (south of Rome), and Molise. Campania is Italy’s second largest region by population, with nearly 6,000,000 inhabitants; Molise is the secondsmallest, with …   Historical Dictionary of modern Italy

  • Italy — /it l ee/, n. a republic in S Europe, comprising a peninsula S of the Alps, and Sicily, Sardinia, Elba, and other smaller islands: a kingdom 1870 1946. 57,534,088; 116,294 sq. mi. (301,200 sq. km). Cap.: Rome. Italian, Italia. * * * Italy… …   Universalium

  • Italia Insulare — Süditalien (Mezzogiorno) Süditalien (ital. auch Mezzogiorno) ist der wirtschaftlich wenig entwickelte Teil Italiens. Inhaltsverzeichnis 1 Geografische Abgrenzung 2 Wortursprung …   Deutsch Wikipedia

  • Italia insulare — Süditalien (Mezzogiorno) Süditalien (ital. auch Mezzogiorno) ist der wirtschaftlich wenig entwickelte Teil Italiens. Inhaltsverzeichnis 1 Geografische Abgrenzung 2 Wortursprung …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”