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Institute for Industrial Reconstruction
Italian corporation
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establishment
- In Italy: Economic policy
…Mobiliare Italiano; IMI) and the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), were set up to bail out failing firms and to provide capital for new industrial investment; they also provided trained managers and effective financial supervision. Italy thus acquired a huge, state-led industrial sector, which was…
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financial services
- In Italy: Public and private sectors
One example, the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), set up in 1933 and closed in 2000, was a holding company that regulated public industries and banking. Many of those companies were partly owned by private shareholders and listed on the stock exchange. By…
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