The essays in this book cover a fast-paced 150 years of Vatican diplomacy, starting from the fall of the Papal States in 1870 to the present day. They trace the transformation of the Vatican from a state like any other to an entity uniquely providing spiritual and moral sustenance in world affairs. In particular, the book details the Holy See's use of neutrality as a tool and the principal statecraft in its diplomatic portmanteau. This concept of "permanent neutrality," as codified in the Lateran Treaties of 1929, is a central concept adding to the Vatican's uniqueness and, as a result, the analysis of its policies does not easily fit within standard international relations or foreign policy scholarship. These essays consider in detail the Vatican's history with "permanent neutrality" and its application in diplomacy toward delicate situations as, for instance, vis a vis Fascist Italy, Nazi Germany, and Imperial Japan, but also in the international relations of the Cold War in debates about nuclear non-proliferation, or outreach toward the third world, including Cuba and Venezuela. The book also considers the ineluctable tension between pastoral teachings and realpolitik, as the church faces a reckoning with its history.

This is a pioneering study of the finances and financiers of the Vatican between 1850 and 1950. Dr Pollard, a leading historian of the modern papacy, shows how until 1929 the papacy was largely funded by 'Peter's Pence' collected from the faithful, and from the residue the Vatican made its first capitalistic investments, especially in the ill-fated Banco di Roma. After 1929, the Vatican received much of its income from the investments made by the banker Bernadino Nogara in world markets and commercial enterprises. This process of coming to terms with capitalism was arguably in conflict both with Church law and Catholic social teaching and becoming a major financial power led the Vatican into conflict with the Allies during the Second World War. In broader terms, the ways in which the papacy financed itself helped shape the overall development of the modern papacy.

This is a study of relations between the Vatican and the Fascist regime in Italy in the most troubled and crucial phase of their relationship, the period 1929-32. It is the first time that any historian, either in Italy or elsewhere, has carried out a detailed and comprehensive study of the conflicts between the Vatican and Italian Fascism in these years; nor has there been any detailed analysis of the causes and the consequences of the crisis of 1931. As well as considering the various causes of conflict in this period, the author sets out what he believes to be the long-term consequences of the 1931 crisis, and in so doing challenges a number of previously accepted interpretations.

This is a pioneering study of the finances and financiers of the Vatican between 1850 and 1950. Dr Pollard, a leading historian of the modern papacy, shows how until 1929 the papacy was largely funded by 'Peter's Pence' collected from the faithful, and from the residue the Vatican made its first capitalistic investments, especially in the ill-fated Banco di Roma. After 1929, the Vatican received much of its income from the investments made by the banker Bernadino Nogara in world markets and commercial enterprises. This process of coming to terms with capitalism was arguably in conflict both with Church law and Catholic social teaching and becoming a major financial power led the Vatican into conflict with the Allies during the Second World War. In broader terms, the ways in which the papacy financed itself helped shape the overall development of the modern papacy.