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This chapter highlights some features of the current structure of Italian agriculture by focusing on the regional patterns of agrarian change. These patterns are followed mainly by comparing the data of the 5th and 6th Census of Agriculture and the data of holdings registered to the Chambers of Commerce. The analysis confirms the Northern-Southern dichotomy of Italian agriculture as the physical and economic dimensions of Northern regions’ holdings are appreciably higher than those in the South. Other traits of farms, not usually included in most traditional analyses, help explain that Northern-Southern dichotomy: the farmers’ educational level and the ICT availability on farms. The agriculture of Southern regions has been affected less by the structural adjustment and has maintained some traits of more ‘traditional’ farming. However, important innovations, such as organic farming and direct selling to ‘consumers in house’, have been adopted more readily by Southern farms. The marked regional duality of Italian agriculture corresponds to the several ways in which farmers and their activities interconnect with territorial development models that have shown a deep regional differentiation.

This chapter deals with labour conditions and discrimination of migrant workers in Italy, with a particular focus on the agricultural sector in two Southern Italian areas: Northern Basilicata and Western Sicily. The first part of the chapter describes the history of migration to Italy and the most relevant transformations occurred over the last years, as well as an overview of the relevant legislation on migration and racial discrimination at work. The second part, on the basis of two ethnographic studies realized by the two authors, analyses the complex intertwinement of structural and symbolic violence in determining the conditions of exploitation and discrimination of migrant seasonal labourers in the two areas. The study focuses on three topics: piecework payment; the ghettoization and segregation of seasonal labourers; the system of informal and illegal labour intermediation called caporalato. It is argued that that the main source of symbolic violence is represented by the brokers called caporali, who are usually of the same nationality of the labourers. If, on a certain extent, migrant workers perceive their ghettoization, discrimination and exploitation as ‘normal’ and ‘acceptable’, this is due to the communitarian relationships built and manipulated by the caporali. On the contrary, the State and the local administrations seem to act exclusively as a source of structural violence. The national legislation on migration, as well as the lack of public policies concerning labour intermediation, transport and accommodation for seasonal labourers, appears as the main reason of the vulnerability of migrant workers in the considered areas.

The aim of this paper is to analyze how “mini-bonds,” an innovative financial tool for Italian small and medium-sized enterprises (SMEs), can contribute to the development and sustainability of the agri-food sector and its local products, such as Pecorino Cheese.

The study was conducted as a qualitative case study applying the CAOS (“characteristics, ambience, organization, start-up”) model. This model makes it possible to describe all variables that affect a company in a given economic context.

In Sardinia, a small island to the southwest of Italy, there are more than 60,000 agricultural enterprises, 60 percent of which are shepherding operations. Obtaining financial resources is a constant challenge, often related to the uncertainties inherent in seasonal activities. This paper explores how a mini-bond was implemented to promote the development and sustainability of Pecorino Cheese.

Limitations are chiefly related to the short observation period—the bond was first issued in 2018—and to the narrow geographical base of observation.

This research contributes to the expanding body of literature on innovative financial tools for the promotion and development of the local agri-food heritage. It may be useful to practitioners currently researching and developing growth strategies for companies. Existing barriers to credit access are among the most important causes of the lack of development of SMEs, especially in Italy where SMEs represent the principal type of new businesses in the agri-food sector, and their economic success is so dependent on seasonality. In February 2019, the Pecorino case played a role in the Italian government stepping in to avoid the collapse of the price of milk. Future research will focus on the analysis of specific economic results of the financial operations described herein, and will further focus on possibly similar cases of local products making use of innovative financial tools.

The persistence of different farm types in Italian agriculture shows that productivism is not the only possible development path that farms can follow, and that farms can successfully adopt strategies based on diversification rather than standardization of production.The aim of this work is to provide evidence about the diffusion of different diversification and differentiation strategies in Italian agriculture, and to compare the characteristics associated with the targeted groups of farms, as well as their structural and economic evolution over time.The analysis is performed on a panel of data built on the basis of information collected by the Italian FADN over the 2003–2009 period. For the purpose of the analysis we divided the population of Italian commercial farms into a fivefold innovative farm typology based on the extent of diversification and differentiation strategies adopted by farms.The findings show that conventional farms are still by far the largest category within the population of Italian commercial farms, while only 13% of total commercial farms is classified as differentiated and/or diversified. Conventional farms are also the best off in terms of economic results. As for the differentiated and/or diversified farms, their structures are still changing, their profitability is improving and they follow a more sustained income growth path than conventional ones.The analysis highlights that diversification and differentiation are not necessarily a viable solution to the low-income problem faced by many farms. Future research is needed to better understand the relationship between diversification strategies and policies.

The paper examines the factors that influence the production of cash flows in a sample of Italian farm accountancy data network (FADN) farms to generate information useful for calibrating policies to support farmers' investments.

An econometric analysis on the sample estimates the influence of structural, economic, commercial and financial variables on CAFFE, i.e. the cash flow that includes the payments to the farmer's resources and the free cash flow on equity (FCFE). The econometric problem of endogeneity is treated by adopting the Hausman test to choose between fixed and random effects models. The results for Italian agriculture and its types of farming (TFs) are examined based on the FCFE/capital depreciation ratio, where FCFE subtracts from CAFFE the opportunity cost payments to the farmer's resources. This ratio identifies TFs with problems of sustainability of the production system.

The results show that increasing the productive dimension, in particular the endowment of farmland and working capital, is still essential to stimulate the production of cash flows of Italian agriculture. Without this growth, increasing the depreciable capital base is ineffective. FCFE does not compensate for depreciation in several TFs, which in various cases could also improve by improving economic efficiency and commercial position.

Assessing the factors that most influence cash flows can help to better calibrate rural development measures to the territories and farming types that most need public support. Our analysis procedure can be applied to all production systems equipped with farm accounting networks; however, the criteria for rewarding farmer resources and calculating the replacement value of agricultural capital need to be better discussed.

The specification of rural development policies rarely takes into account the financial sustainability conditions of farms, as well as the factors that determine them, in defining the support parameters and the selection criteria for funding. Our approach, based on the analysis of FADN data, considers these aspects and provides ideas for better calibrating public support for investments among agricultural territories, sectors and types of farms.

Genetically modified organisms (GMOs) are a consolidated reality. While consumers are opposed to the introduction of GMOs in Italy, little or nothing is known about the companies’ attitude. For this reason, this work is focused on companies. This research aims to understand the problems, the possible solutions and the opinions of farms on the role of GMOs to arrive at a judgement based on the representation of various positions.

This paper was made possible thanks to a direct survey on the field. In particular, the work provides a significant number of interviews directed to livestock farms; a logical sequence of questions that allow you to understand the attitude and the willingness of companies and if there is a future propensity to transgenic cultivation; and the creation of an ad hoc analysis on the behaviour of farmers.

Thematic analysis revealed that GMOs are the only valid research to the advancement of agriculture, able to guarantee our companies productivity improvements. This technique could solve many problems related to agriculture, such as the possibility of future saving on crops.

There is a lot of research on GMOs. The research behind this paper is different, because it is a research carried out throughout all the country, from the point of view of businesses.

The purpose of this paper is to provide empirical evidence on the relationship between capital structure and technical efficiency (TE) for Italian cereal farms during the 2008–2014 period. Emphasis is given in the understanding of the relationship between the level of financial leverage for cereal farms and their production performance.

The methods employed in this research article are based on non-parametric techniques in order to derive TE estimates for a sample of Italian cereal farms based on available Farm Accountancy Data Network data to explore in depth the relationship amongst the financial exposure of the sector and the capacity to utilise an efficient and effective production technology. Furthermore, subsidies are considered in the model as a non-discretionary variable and therefore, as an input that farmers cannot directly influence within the production function. Hence, the non-discretionary Data Envelopment Analysis model is a more appropriate framework since it is not penalising farms at a lower level of Pillar I payments when benchmarked with farms that receive a higher level of payments.

The results show that significant improvements could be achieved for most of the farms in the sample by improving production and management practices. Furthermore, results provide an empirical support of the adjustment theory by showing a negative impact of debt to asset ratio to TE.

This research article provides a first insight on the evolution of the Italian cereal farms debt-TE relationship in periods where high price instability has been observed.

This chapter gives several explanations as to why peasant agriculture results in sturdy and sustainable growth – it also identifies the factors that undermine this capacity. Peasant agriculture entails a constructive capacity: it includes mechanisms that are used to make agriculture grow and to face adverse conditions. And when the ‘normal’ level of resilience does not suffice, the constructive capacity is employed to redesign and materially rebuild agriculture through the development of new products, services and markets. This capacity leads to a new farmer’s empowerment that have in the multifunctionality the key to go beyond the classical agricultural system where the farming capacity is completely expressed out of the farm leaving farmers to do only mechanical operation. The chapter illustrates several examples of how farmers are reclaiming control over their own resources by defining a new level of farm autonomy and by oriented their farm towards multifunctional activities and the concept of peasants agriculture. The ‘new peasantry’ is consolidating itself and becoming a highly effective alternative: a viable way of addressing the multifaceted crisis that beleaguers farmers, the increasing strictures they face and the ongoing challenges of sustainability.

This introductory chapter evidences the need to push again to the fore research undertaken in Southern European countries, highlighting its Mediterranean features and how they relate to old and new theoretical and political debates. Consequently, in this first chapter we describe the main aim of the book as well as how the subsequent chapters contribute to fulfill this quest outlining the structure of the book.

In Italy, worker cooperatives (WCs), whose workers hold major control rights over collectively-owned assets, are the leading vehicle for the promotion and development of employee ownership. Worker cooperatives are present in all regions and in most economic sectors, employing about 506,000 workers and generating a turnover of about €22 bn. Despite their history and diffusion, the high prevalence of WCs in Italy is under-researched and -thematised and requires new research.

The paper leverages unpublished primary and secondary data from Centro Studi Legacoop databank, the Aida-Bureau Van Dijk databank and the Cooperative Registry of the Ministry of Economic Development (CRMED) to explain the spread of WCs in Italy.

This paper reveals descriptive statistics of WCs and investigates their distribution across economic sectors and regions, their economic and financial performance and gives an overview of the relevant legislation. The paper indicates that older small- and medium-sized cooperatives located in central and north-eastern Italy perform best economically. However, in recent years, an increasing number of young cooperatives has emerged in South Italy thanks to favourable legislation, cooperative finance and the diffusion of cooperative know-how. Limitations to such results are reported in the conclusions.

The paper sheds light on past and recent development trends of WCs in Italy, highlights their growth in South Italy and revitalises the debate on the drivers, structures and rationales of employee-owned enterprises in Italy. Findings generate implications for research and practice. Given the tendency of WCs to better protect jobs than investor-owned enterprises, the spread of these enterprises may help workers find better and more stable jobs, counter-cyclically mitigating the dangerous effects of macro- and meso-economic fluctuations and instability.