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Books > History > History of specific subjects > Economic history
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Building on Borrowed Bricks (Paperback)
Loot Price: R996
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Building on Borrowed Bricks (Paperback)
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This book deals with the role the Italian international banks
played during the inter-war period as intermediaries between the
main financial markets (London, New York, Paris) and the peripheral
areas (Central and Eastern Europe, South America) and the same
financial markets and Italy itself. The main objective of this book
is to show that the development of large industrial sectors in
Italy during the fascist period depended on the activity that the
Italian banks carried out as intermediaries on the major financial
markets. This activity was precisely about borrowing the financial
means which Italy lacked. However, by doing this, some sort of
dependence on these foreign financial structures was generated.
This situation threatened to deteriorate up to the point of the
coming short of the bases holding the Italian economy, which is
exactly what happened in the 1930s. The book also aims at
demonstrating that this kind of dependence was unavoidable and that
even before the war there were in Italy favourable conditions for a
high integration at European level, which can explain, at least
partially, for the motivations behind Italy's constant support to
the European integration during the post-II World War period.
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