000 01947naaaa2200289uu 4500
001 https://directory.doabooks.org/handle/20.500.12854/69988
005 20220220110028.0
020 _a978-88-5518-202-7.10
020 _a9788855182027
024 7 _a10.36253/978-88-5518-202-7.10
_cdoi
041 0 _aItalian
042 _adc
100 1 _aAstore, Marianna
_4auth
245 1 0 _aUna montagna di debiti. L'Italia e la gestione del debito pubblico tra le due guerre
260 _aFlorence
_bFirenze University Press
_c2020
506 0 _aOpen Access
_2star
_fUnrestricted online access
520 _aThe 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.
540 _aCreative Commons
_fhttps://creativecommons.org/licenses/by/4.0/
_2cc
_4https://creativecommons.org/licenses/by/4.0/
546 _aItalian
653 _aItaly
653 _aPublic Debt
653 _aDebt Restructuring
653 _aDefault
773 1 0 _0OAPEN Library ID: ONIX_20210521_9788855182027_59
_7nnaa
856 4 0 _awww.oapen.org
_uhttps://www.fupress.com/redir.ashx?RetUrl=15506.pdf
_70
_zDOAB: download the publication
856 4 0 _awww.oapen.org
_uhttps://directory.doabooks.org/handle/20.500.12854/69988
_70
_zDOAB: description of the publication
999 _c82804
_d82804