(objectives)
This course is designed to illustrate the formation and evolution of financial systems in industrialised economies by using a comparative approach looking at an extended period covering the principle events of the nineteenth and twentieth centuries. The themes that will be studied during the course will be based around the following thematic nuclei: the role of banks in the process of industrialisation; the evolution of monetary systems from the Gold Standard to the crisis of the Bretton Woods system; the birth of the European Monetary System; growth in public spending. The majority of classes will be dedicated to understanding the situation in Italy, with particular focus on a number of themes regarding the evolution of the banking system, the emergence of public companies and the evolution of the relationship between banks and industry from the period of Italian Unification until the recent series of privatisations in the 1990s.
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Code
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21210019 |
Language
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ITA |
Type of certificate
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Profit certificate
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Credits
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9
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Scientific Disciplinary Sector Code
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SECS-P/12
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Contact Hours
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60
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Type of Activity
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Related or supplementary learning activities
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Teacher
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D'ERRICO RITA MARIA MICHELA
(syllabus)
The role of capital in the industrial revolution – Bank oriented and market oriented systems – The evolution of the relationship between banks and industry in Italy from the period of Italian Unification until the banking legislation of 1936 – The IMI and IRI banks and the birth of the ‘State as businessman’ – The international gold standard (1870-1914) – Decentralisation and financial instability between the two world wars – The Great Depression of 1929 – The Bretton Woods system (1944-1971) – From fluctuating exchange rates to the birth of the European Monetary System – The evolution of public finances – The system of state-controlled companies in Italy from the post-Second World War to privatisations in the 1990s
(reference books)
L. NEAL, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015, B. EICHENGREEN, Globalizing Capital: A History of the International Monetary System, PUP, 2008 V. TANZI, Government versus Markets. The Changing Economic Role of the State, CUP, 2014
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Dates of beginning and end of teaching activities
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From 01/10/2016 to 20/12/2016 |
Delivery mode
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Traditional
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Attendance
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not mandatory
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Evaluation methods
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Oral exam
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Teacher
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TRAVAGLINI CARLO MARIA
(syllabus)
The role of capital in the industrial revolution – Bank oriented and market oriented systems – The evolution of the relationship between banks and industry in Italy from the period of Italian Unification until the banking legislation of 1936 – The IMI and IRI banks and the birth of the ‘State as businessman’ – The international gold standard (1870-1914) – Decentralisation and financial instability between the two world wars – The Great Depression of 1929 – The Bretton Woods system (1944-1971) – From fluctuating exchange rates to the birth of the European Monetary System – The evolution of public finances – The system of state-controlled companies in Italy from the post-Second World War to privatisations in the 1990s
(reference books)
L. NEAL, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015, B. EICHENGREEN, Globalizing Capital: A History of the International Monetary System, PUP, 2008 V. TANZI, Government versus Markets. The Changing Economic Role of the State, CUP, 2014
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Dates of beginning and end of teaching activities
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From 01/10/2016 to 20/12/2016 |
Delivery mode
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Traditional
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Attendance
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not mandatory
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Evaluation methods
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Oral exam
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