Talk:Economy of Milan

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Planned Revisions[edit]

Would like some feedback. — Preceding unsigned comment added by KatieBU (talkcontribs) 16:17, 5 November 2014 (UTC)[reply]

Milan is home to many of Italy's major corporations, and 1 of the world's 100 largest companies, (Unicredit), is headquartered in the Lombard metropolis.[6] Other major Milan-based corporations and banks include Luxottica, Borsa Italiana, Telecom Italia Mobile (TIM), Banca Intesa, Banca Popolare di Milano, Vodafone Italy, Odeon TV, Fininvest, Lufthansa Italia, Esselunga, Fineco, Versace, Gucci, La Rinascente, Alfa Romeo, Prada, Etro, Pirelli, Compagnia Generale di Elettricità, 10 Corso Como, Eurofly, Valentino, Armani, Missoni, Moschino, Telelombardia, RCS MediaGroup, SEAT Pagine Gialle, Reply S.p.A. and BBPR. [1] Also See: Companies based in Milan

I decided to add a section on Banks, Finance & Other Services as I found a lot of information on that throughout my readings:

BANKS FINANCE & OTHER SERVICES

Banks throughout Italy went through many changes in the late 1800's to early 1900's. One of the Milanese banks, the SBI, had many issues resolving its resources it did not have support from foreign banks nor enough savings domestically. Other banks during this time in Italy, specifically during the 1907 international crisis, the SB had high liquid assets and would have had to gone bankrupt without the help from Banca d'Italia. A group of industrialists and bankers from Milan transformed the banking institute Figli di Weil Schott e C. into the Società Bancaria Milanese <The Economic History of Italy 1860-1990</ref>

Most traditional industries have relocated to other locations other than cities or have even closed down since the late 1970's in Italy. However, Milan, became Italy's most successful postindustrial city. Milan’s service sector has benefited from the efficiency of the city’s banks and the stock market, the Borsa Italiana, located in Piazza degli Affari in the centre of the city. The majority of the services revolve around the Fashion industry, but the city is also a world centre of design at whole. There are specialties in the city in furniture design, graphic design, among other specialties. The design industry is centrally located to the Besana in the Brianza area north of the city. Communications is also a major service sector of the city. Milan is home to Mondadori, one of Italy’s largest publishing group. In addition, thenewspapers Corriere della Sera and La Gazzetta dello Sport along with the newsmagazine L’Espresso. [2]

Milan’s service sector has benefited from the efficiency of the city’s banks and the stock market, the Borsa Italiana, located in Piazza degli Affari in the centre of the city.[3]

Sushi242 (talk) 04:42, 5 November 2014 (UTC)LenaSushi242 (talk) 04:42, 5 November 2014 (UTC)[reply]

Employment in Italy is linked to manufacturing as it has been seen that when there are technological changes in place, there is typically a positive effect on job growth; therefore, on employment rates. This was seen in the late twentieth century in Italy in general [4]

Sushi242 (talk) 04:49, 5 November 2014 (UTC)LenaSushi242 (talk) 04:49, 5 November 2014 (UTC)[reply]

""FASHION"" Italian Ready-to-wear has grown tremendously in Milan, in addition to the Fashion industry on a general note. Many economists don’t pay a great deal attention to the fashion sector of the business in Milan. However, there is a great deal of quantitative weight being held by the fashion industry in terms of the economy of Milan, yet not much research has been conducted by historians or economists. The industrial center of Milan had been creating textiles and clothing for centuries, but it became an international superstar of fashion in 1970, and a leading international fashion hub or center. [5]

Sushi242 (talk) 04:54, 5 November 2014 (UTC)[reply]

Added sections on Fashion, Banks, and Green Economy. Edited section on Employment. Need to add a few citations, and add a little about the Lombards before tomorrow. — Preceding unsigned comment added by Sushi242 (talkcontribs) 18:41, 9 November 2014 (UTC)[reply]


Completed edits for review, added new photos that are more relevant to the document. updated citations and removed data that was outdated or could not find any relevant sources backing up what was written previously. Sushi242 (talk) 03:01, 10 November 2014 (UTC)[reply]

References

  1. ^ http://expo-magazine.com/inside.asp?p=566)
  2. ^ http://expo-magazine.com/inside.asp?p=566
  3. ^ http://www.britannica.com/EBchecked/topic/382069/Milan/10327/Manufacturing
  4. ^ Innovation and Employment: Evidence from Italian Microdata, Mariacristina Piva and Marco Vivarelli, Journal of Economics, Vol. 86, No. 1 (October 2005), pp. 65-83
  5. ^ Turning Fashion into Business: The Emergence of Milan as an International Fashion Hub, Elisabetta Merlo and Francesca Polese, The Business History Review, Vol. 80, No. 3 (Autumn, 2006), pp. 415-447

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