Download or read book Crisis and Reform The 1893 Demise of Banca Romana written by Mr.Marco Pani and published by International Monetary Fund. This book was released on 2017-12-14 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than a century later, the Banca Romana crisis still provides useful insights on the challenges of preserving financial stability. This paper reviews the case and discusses implications that can be relevant today. The crisis was spurred by an unsustainable credit expansion encouraged by capital inflows, which provoked an asset price bubble and other imbalances. A system of corruption and collusion with politicians and journalists enabled the bank managers to run risky and illegal operations – effectively, asset-stripping – undetected and unhindered. As a result, it would not have been easy for an observer not endowed with investigative powers to detect the mounting risks, while the government, which had these powers, failed to take action when needed and concealed critical information from the public. When the crisis erupted, its resolution was facilitated by a previous, decade-long debate on the reform of the banking system which had led to the exploration and development of possible solutions that could then be rapidly implemented.
Download or read book Crisis and Reform The 1893 Demise of Banca Romana written by Mr.Marco Pani and published by International Monetary Fund. This book was released on 2017-12-14 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than a century later, the Banca Romana crisis still provides useful insights on the challenges of preserving financial stability. This paper reviews the case and discusses implications that can be relevant today. The crisis was spurred by an unsustainable credit expansion encouraged by capital inflows, which provoked an asset price bubble and other imbalances. A system of corruption and collusion with politicians and journalists enabled the bank managers to run risky and illegal operations – effectively, asset-stripping – undetected and unhindered. As a result, it would not have been easy for an observer not endowed with investigative powers to detect the mounting risks, while the government, which had these powers, failed to take action when needed and concealed critical information from the public. When the crisis erupted, its resolution was facilitated by a previous, decade-long debate on the reform of the banking system which had led to the exploration and development of possible solutions that could then be rapidly implemented.
Download or read book Private Bankers in the Italian 19th Century written by Luciano Maffi and published by Springer Nature. This book was released on 2020-12-14 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book analyses the role of private bankers who were pivotal in modernizing the economic and financial system of Italy in the XIX century. To achieve this they needed to interact with the international haute banque to organize and place the public loans and the large investments associated with the joint-stock companies. The theme of reputation, which is currently at the centre of the historiographical debate, is fundamental for the study of the private banker figures, whose professional success is linked to the limitless trust accorded to them by their circle of personal contacts. Historiography has studied the role of Italian bankers in the trade, credit and international finance during the modern age (XVI-XVIII centuries), but it has not analysed the banking system in the XIX century and its national and international relations. The case study of Banca Parodi of Genova fills the historiographical gap concerning the role of private bankers and banking institutions in Italy, highlighting the network between the Parodi family and the international haute banque; one of the most emblematic cases is the Rothschild family. The book presents a re-elaborates series of unpublished data, placing them at the disposal of the scientific community and analyses the role of private bankers in the development of Italian banking institutions in the XIX century to launch a scientific debate.
Download or read book Publications of National Monetary Commission written by and published by . This book was released on 1911 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Publications of National Monetary Commission written by United States. National Monetary Commission and published by . This book was released on 1911 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Italy written by Roland Sarti and published by Infobase Publishing. This book was released on 2009 with total page 721 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring more than 500 years of the country's history, Italy provides readers interested in modern Italy or European history with a greater understanding of Italy's past, from the Renaissance to the present. This guide presents the milestones in Italy's history in an interesting and readable way.
Download or read book The Oxford Handbook of the Italian Economy Since Unification written by Gianni Toniolo and published by Oxford University Press. This book was released on 2013-01-04 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.
Download or read book An Economic History of Liberal Italy Routledge Revivals written by Gianni Toniolo and published by Routledge. This book was released on 2014-10-14 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1990, examines Italy’s economic history from its Unification in 1850 to the end of the First World War. Particular attention is paid to the extent to which Italy exhibits the features of Kaznets’s model of ‘modern economic growth’. An Economic History of Liberal Italy begins with a quantitative assessment of Italy’s long-term growth in this period. All of the main relevant variables – including production, consumption, investment, foreign trade, government spending, and welfare – are discussed. The book proceeds through a chronological account of the developments of the economy during this period, and concludes with a critical survey of the relevant historiography. Throughout the book emphasis is given to structural changes, to developments in the main industries, to the relations between different sectors of the economy, and to economic policies. This book is ideal for those studying economics of Italian history.
Download or read book The Integration of the European Economy 1850 1913 written by Lee A. Craig and published by Springer. This book was released on 2016-07-27 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents the economic integration of the European national economies over the period 1850-1913. The authors concentrate on the macroeconomic aspects of this integration, focusing on measures of aggregate output and monetary aggregates as they relate to policy concerns, such as those surrounding the implementation of the gold standard, as well as the possible interaction of nominal and real factors in both growth and cycles. They also date the `European' cycle and show a close coincidence across nations.
Download or read book Belgium Italy and Switzerland written by George Edmundson and published by . This book was released on 1914 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.
Download or read book A European Central Bank written by Marcello De Cecco and published by Cambridge University Press. This book was released on 1989-05-25 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume analyse the issues of having a single European currency.
Download or read book The Crisis of Liberal Italy written by Douglas J. Forsyth and published by Cambridge University Press. This book was released on 2002-06-06 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major interpretation of the crisis of democracy in Italy after World War I, Douglas Forsyth uses unpublished documents in Italy's central state archives, as well as private papers, diplomatic and bank archives in Italy, France, Britain and the United States, to analyse monetary and financial policy in Italy from the outbreak of war until the march on Rome. The study focuses on real and perceived conflicts and often painful choices between great power politics, economic growth, macroeconomic stabilisation and the preservation or strengthening of democratic consensus. The key issue explored is why governments in Italy after World War I, although headed by left-liberal reformers, were unable to press ahead with the democratic reformism which had characterised the so-called 'Giolittian era', 1901-1914. Their failure paved the way for parliamentary deadlock and Mussolini's seizure of power.
Download or read book The Encyclopaedia Britannica written by Hugh Chisholm and published by . This book was released on 1911 with total page 2064 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Italy from Liberalism to Fascism written by Christopher Seton-Watson and published by Taylor & Francis. This book was released on 2024-03-08 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1967, Italy from Liberalism to Fascism is essentially the political history of Italy, concerned with both domestic and foreign policy and their interaction. Designed in chronological order, the book is divided into four parts: the consolidation of Italy after its unification; the stresses and strains the country went through; the expansion of liberalism; and the onset and development of fascism. This seminal book on the history of Italy will be of interest to students of history and political science.
Download or read book Making Liberalism Work written by Susan A. Ashley and published by Bloomsbury Publishing USA. This book was released on 2003-08-30 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: By most accounts, Italian-style liberalism failed. Explanations of its failure vary from economic backwardness or a political culture shaped by autocracy to claims that liberals ruined their chances by pursuing nothing but narrow middle class interests. This study examines the liberal record to weigh the accuracy of these approaches. Ashley focuses on three controversial issues: public works, social reform, and public order. The railroads would test liberal commitment to laissez-faire, labor laws their pledge to protect all citizens, and dissent their allegiance to individual rights. In each case, liberals compromised their principles. What they decided defined the Italian variant of liberalism by transforming it from a doctrine to concrete practices and political behaviors. Particularly after 1890, liberals increasingly made empiricism the primary justification for policy and dismissed abstract principles as beneath notice. This shift helps explain why liberalism lost authority and credibility as a set of moral imperatives and as a coherent world view in Italy, as well as why it failed to offer most Italians a compelling alternative to either Socialsim or Fascism. Examining what liberals said and did, however, does not entirely support the despairing judgment of so many historians. Italian liberals managed to build a liberal state and to make it function against intransigent obstacles.
Download or read book The Encyclopaedia Britannica written by and published by . This book was released on 1902 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
