Journal of European Economic History - 2018 issue 1

Volume XLVII

Bancaria Editrice
Prezzo Copertina € 50,00
IVA assolta dall'editore

Debt and Imperialism in Pre-Protectorate Tunisia, 1867-1870. A Political and Economic Analysis
Historians are familiar with the story of Tunisia’s debt crisis between 1867 and 1870 and its political and economic implications at both national and international levels.1 However, a less-well-known aspect of the debt crisis concerns the creditors, principally Italian and British protégés, who held Tunisian local financial guarantees and debt. The financial collapse of the Regency led to a complex diplomatic struggle among European powers - above all Italy, Britain, and France - backing their respective nationals’ competing claims on Tunisian assets that the Regency had granted them. This paper examines how between 1867 and 1870 the debt crisis led to the establishment of an international financial commission to adjudicate creditors’ claims and to handle Tunisian finances following the economic collapse of the Regency, and it analyzes the political and economic implications of the entity in which Italy, Britain, and France participated.
The Business Cycle in Historical Perspective. Reconstructing Quarterly Data on Swedish GDP, 1913-2014
We present an estimation of quarterly GDP for Sweden stretching back to 1913, using higher frequency series on manufacturing and private consumption as indicators and standard methods for temporal disaggregation from annual GDP data. Deseasonalization is performed using JDemetra+ software. We use the Bry-Boschan algorithm to identify peaks and troughs, based on which we present various chronologies of the business cycle in Sweden, indicating a partially new picture of the country’s economic growth over the last 100 years.
The Management Requirements That Inspired the European Investment Bank, 1957-1958
Given the tasks entrusted to it from the outset, the European Investment Bank is highly particular with respect to other credit institutions. This study aims to augment our knowledge of the origins, the historical development, and the economic perspectives of this newly established institution, repeatedly invoked but still not used to the full. The article exploits archival sources, and in particular a written note by Pasquale Saraceno, to recall and analyse the birth of the EIB, so as to appreciate how it has changed and adapted over the years in order to contribute concretely to resolving the problems of SMEs and reducing disparities within the European Union.
The Composition for Tithes Act of 1823: Its Revenue Risk Impacts across Ireland
This paper investigates the economic impacts of the Composition for Tithes Act of 1823, focusing on the incremental revenue risks it imposed on tillage farmers in southeast and northeast Ireland. This reform of the tithe would see its longstanding design as an ad valorem production tax of 10 per cent converted into a lump-sum land tax. Crop farmers would therefore be permanently exposed to all revenue risks, not just 90% of such risks, and those of them who were very risk-averse were net losers under this reform. For many tillage farmers on large lots who could diversify and/or expand their activities to overcome this additional risk and for others who were not so risk-averse, their tithing rates would be discounted by as much as 88%, thereby offering a substantial temporary off-setting economic benefit until their rents were raised by an equivalent amount to the tithe discounts at the next renewal date of their lease. Indeed, this immediate savings induced a sufficient number of them within many parishes to agree to the reform of their tithe. Only in parishes heavily populated by extremely risk-averse cottiers would the composition of the tithe prove unacceptable. Therefore, when Parliament made the composition of the tithe compulsory in 1832, organized civil disobedience emerged - no doubt fuelled in part by longstanding religious tensions - armed police and militia countered and the affray conflagrated into what became known as the Irish Tithe War of 1831-1838 largely in the Catholic south, Munster and Leinster, where risk-averse cottiers were most prevalent. The social impacts of converting the tithe into a composition did not end with the cessation of this civil rebellion, however. Its additional revenue risks persisted well into the next decade, increasing the financial vulnerability of small farmers and cottiers, particularly potato farmers who would come to experience an unforeseeable succession of broken harvests and who, more than others, would fall victim to the "Great Famine" of 1845-1850.
Michel Aglietta, Nicolas Leron
La double démocratie. Une Europe politique pour la croissance
Elena Danescu

Michael Bonner
Confederate Political Economy. Creating and Managing a Southern Corporatist Nation
Valerio Torreggiani

Fulvio Coltorti
La Mediobanca di Cuccia
Giovanni Farese

Francesco Dandolo
Il Mezzogiorno fra divari e cooperazione internazionale. "Informazioni Svimez" e la cultura del nuovo meridionalismo (1948-1960)
Filippo Di Iorio (ed.)
Problemi dei paesi economicamente sottosviluppati. Supplementi a Informazioni Svimez
Giovanni Farese

Ivo Maes (ed.)
Alexandre Lamfalussy. Selected Essays
William R. White

Paolo Pecorari
Il Carteggio Giuseppe Toniolo-Luigi Luzzatti 1869-1918
Francesco Dandolo

Jérôme Wilson
Robert Triffin: Milieux académiques et cénacles économiques internationaux (1935-1951)
Elena Danescu