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In the XIIth century, after the defeat of the Longobards (776 BC) and the gradual break-up of imperial authority, all of the major towns in the Veneto turn into municipalities.
By the end of the 1500's the Serenissima consolidated its continental state, an this was a significant achievement as it comprised practically all of the Veneto territory of today: Friuli, Istria, Dalmatia and part of Lombardy up to the Adda river. This was a cultural and artistic influence rather than a strong military domination and it was based on a perfect administrative organization (respectful of local autonomy), large public works (especially hydraulic) and a deep sense of justice.
On May 12, 1797, under the pressure of Napoleon, who had already taken over all of the Veneto, the Maggior Consiglio met for the last time and declared the end of the millenary government of Venice, also called “the Serenissima”. Napoleon set up a Democratic Republic which lasted only a few months. The Veneto and Venice were soon handed over to Austria.
Finally, when Prussia defeated Austria in 1866, the Veneto was freed. A triumphant plebiscite (674, 426 favorable votes, 69 contrary) decreed the annexation of the region to the Kingdom of Italy.
Veneto economy could be considered as one of the creditworthy in Italy. Its vitality is demonstrated by the growth in the past and now continuing, but also by resistance aptitude between the unfavorable business cycle.
Veneto is an area of real occupation and production, low depending by public sector end strong oriented on international markets.
Basis of the Veneto economy are the aptitude of the management to start enterprise and to be flexible.
A flexible production and foreign markets trade are salient traits of the Venetian system.
The Veneto Region counts an high number of enterprises for inhabitants: 1 company for every 10 people.
That’s way, for some time now, the Veneto economy has become an international example, to the point that people talk of the "case of the Veneto" to refer to the particular model of economy growth that ha developed in this region of north-eastern Italy.
Since 1982, the region's GDP (Gross Domestic Product) has kept up a trend of uninterrupted growth achieving one of the most relevant levels in the whole Europe.
The fundamental factors that characterize the "Veneto model" can be summarized as follows:
small to medium-sized enterprises (446,000 business units);
the coexistence of traditional products with technologically advanced activities;
internationalization of markets and organizational flexibility.
Small and medium-sized Veneto enterprises have also specialized in the production of machinery and technologies for the processing of marble and granite, the textile industry, the leather tanning sector, the building industry, wood processing, and the heating and air-conditioning sector.
The original agricultural vocation of this region of Italy has succeeded in renewing and modernizing its methods, directing its efforts towards top quality production, forming close links with the industry, in order to give rise to an agro-industrial system that is responsible for about 38% of the region's GDP.
One strong point of Veneto agriculture is represented by the winemaking sector, which excels on the national scene both in the overall quantity of its production and output per hectare, and in the quality of its end-product, which takes a share of over 20% of the nation's wine production.
Today, from the region of Veneto comes:
50% of the world's production of eyeglasses,
65% of the world production of ski boots.
30% of the world's marble,
70% of Italy's production of sports shoes,
83% of Italy's production of gold jeweler,
24% of all the clothing made in Italy.
The industrial districts are one of the important aspects of the Veneto model: little areas populated by enterprises that produce the same kind of goods.
Geographical concentration permitted and still permits to have fines synergies in research and services.
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