Article ID: CBB082618537

The Italian State's Active Support for the Aeronautical Industry: The Case of the Caproni Group, 1910–1951 (Summer 2021)

unapi

Based on Italian and foreign archival sources, this study shows how Italy's active assistance to its industrial apparatus soon included the newly born aircraft industry, including the Caproni Group. However, after World War II the Group went bankrupt along with most aircraft manufacturers. The suspension of aircraft development, the preference for importing allied (American and British) aircraft for civil airlines, and the denial of international assistance were the ensuing political and economic costs of defeat. In the end, Italy nationalized what was left of its aviation firms. Also, nationalization was consistent with its industrial history and represented the only way to help this sector survive.

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Citation URI
https://data.isiscb.org/isis/citation/CBB082618537/

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Authors & Contributors
Spadavecchia, Anna
Thomas J. Dorich
Shanahan, Martin
Davis, Joshua Clark
Peart, Daniel
Cihan Artunç
Concepts
Business history
Business and Politics
Public policy
Business enterprises
Regulation
Political economy
Time Periods
20th century
21st century
19th century
Qing dynasty (China, 1644-1912)
20th century, late
20th century, early
Places
United States
Italy
Southern states (U.S.)
Zambia
Turkey
Norway
Institutions
Hispano-Suiza (firm)
W.H. Smith and Son
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