Italy and Latin America

P. L. Cavazza

ResearchPublished 1967

An analysis of Italy's present political, economic, and cultural relations with Latin America. Prior to World War II, Italian interests in Latin America were concentrated primarily on emigration, but after the war a radical change occurred. Direct investment and trade increased considerably. Italy now has sizable trade deficits with Latin America, Argentina being the largest. Investments are now about $60 million annually, mostly to Argentina and Brazil. Italian economic activity in Latin America has been characterized by research and consulting and the planning and construction of infrastructures. Italy's own recent industrial development, her mixed economy, the disappearance of all vestiges of colonialism, and the strength of her Catholic and Christian Democratic traditions are assets relevant to her future relations with Latin America. (This study is the second of a series of RAND Memoranda on the relations of nonhemispheric countries with Latin America.)

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Cavazza, P. L., Italy and Latin America. Santa Monica, CA: RAND Corporation, 1967. https://www.rand.org/pubs/research_memoranda/RM5400.html.
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