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Roberto Di Quirico
Building on Borrowed Bricks
ISBN: 9788883980510
June, 2008
222 Pages
30 Euro
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Abstract

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.


 


Roberto Di Quirico
Born in 1964, Roberto Di Quirico is lecturer in Political Science at the University of Cagliari (Italy). It is holder of a History degree from the University of Pisa and of a PhD in History from the European University Institute (Florence). He is also a Jean Monet scholar at the Robert Schuman Centre of the European University Institute. He has taught Italian economic history at the University of Pisa and the history of monetary integration at the University of Florence. Author of numerous studies in Italian and English and of a book on the history of banks and other Italian financial organisations under the fascist regime, he is currently working on the influence of European integration on local administrations and on the consequences of monetary integration on the construction of the European Union.