Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre
The surge in public debt during the recent pandemic crisis has made high debt a prominent policy issue. Italy is an interesting case study since it has experienced high levels of debt for a significant part of its history. This article revisits the history of Italian public debts in the inter-war pe...
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| Fformat: | Online |
| Iaith: | Eidaleg |
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Firenze University Press
2022
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| Pynciau: | |
| Mynediad Ar-lein: | ONIX_20220601_9788855182027_330 |
| Tagiau: |
Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!
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| _version_ | 1869515009435893760 |
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| author | Astore, Marianna |
| author_browse | Astore, Marianna |
| author_facet | Astore, Marianna |
| author_sort | Astore, Marianna |
| collection | Directory of Open Access Books |
| description | The surge in public debt during the recent pandemic crisis has made high debt a prominent policy issue. Italy is an interesting case study since it has experienced high levels of debt for a significant part of its history. This article revisits the history of Italian public debts in the inter-war period. Italy emerged from WWI with public debt that peaked around 160 percent of GDP. In the mid-1920s a significant reduction of public debt occurred, in concomitance with a regime of fiscal austerity and two restructuring agreements that wiped more than 80 percent of Italian foreign debts. By the early 1930s, the US reaction to the Great Depression that opposed any form of international cooperation, led to an Italian default on war debts in 1934 and a move toward autarky. |
| format | Online |
| id | doab-20.500.12854ir-82044 |
| institution | Directory of Open Access Books |
| language | ita |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Firenze University Press |
| publisherStr | Firenze University Press |
| record_format | ojs |
| spelling | doab-20.500.12854ir-820442022-06-02T04:02:53Z Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre Astore, Marianna Italy Public Debt Debt Restructuring Default The surge in public debt during the recent pandemic crisis has made high debt a prominent policy issue. Italy is an interesting case study since it has experienced high levels of debt for a significant part of its history. This article revisits the history of Italian public debts in the inter-war period. Italy emerged from WWI with public debt that peaked around 160 percent of GDP. In the mid-1920s a significant reduction of public debt occurred, in concomitance with a regime of fiscal austerity and two restructuring agreements that wiped more than 80 percent of Italian foreign debts. By the early 1930s, the US reaction to the Great Depression that opposed any form of international cooperation, led to an Italian default on war debts in 1934 and a move toward autarky. 2022-06-02T04:02:52Z 2022-06-02T04:02:52Z 2022-06-01T12:14:54Z 2020 chapter ONIX_20220601_9788855182027_330 2704-5919 https://library.oapen.org/handle/20.500.12657/56147 9788855182027 https://directory.doabooks.org/handle/20.500.12854/82044 ita Studi e saggi open access image/jpeg Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/56147/1/15506.pdf Firenze University Press 10.36253/978-88-5518-202-7.10 10.36253/978-88-5518-202-7.10 2ec4474d-93b1-4cfa-b313-9c6019b51b1a 9788855182027 24 Florence open access |
| spellingShingle | Italy Public Debt Debt Restructuring Default Astore, Marianna Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title | Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title_full | Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title_fullStr | Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title_full_unstemmed | Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title_short | Chapter Una montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre |
| title_sort | chapter una montagna di debiti l italia e la gestione del debito pubblico tra le due guerre |
| topic | Italy Public Debt Debt Restructuring Default |
| topic_facet | Italy Public Debt Debt Restructuring Default |
| url | ONIX_20220601_9788855182027_330 |
| work_keys_str_mv | AT astoremarianna chapterunamontagnadidebitilitaliaelagestionedeldebitopubblicotraledueguerre |