Premises and tasks of the special fund for financing the Italian engineering industry
DOI:
https://doi.org/10.13133/2037-3643/12820Keywords:
Italy, engineering industry, finance, fund, recovery, developmentAbstract
The article discusses the Special Fund for Financing the Italian Engineering Industry - established in September 1947 with a grant from the State of 55 milliard lire - its premises and tasks. This, in essence should be an instrument for the co-ordination and rationalisation of the engineering industry, the most important section of Italian industry, and the one most severely hit by the difficulties, both structural and financial, of this transitional period. This Fund should, therefore, mean the end of the piecemeal government interventions of the recent past, and should act as a centre of a series of coherent and anti-inflationary measures aiming at a final reorganisation of the industry.
JEL: L52