21201468 - HISTORY OF FINANCE

This course is designed to illustrate the formation and evolution of monetary and financial systems in industrialised economies by using a comparative approach looking at an extended period covering the principle events between the eighteenth and twentieth centuries.

Curriculum

teacher profile | teaching materials

Programme

The themes that will be studied during the course will be based around the following thematic nuclei: the establishment and the development of central banks; the development of public finance and the rise of the stock exchange markets; the role of the banks in the process of industrialisation. In this context, the cases of England, Germany, France, United Staes, Italy will be examined in a comparative approach. A special focus will be on the understanding of the Italian case study and to the evolution of the relationship between banks and industry from the period of Italian Unification. In this context, particular attention is devoted to the events leading to the emergence of the Bank of Italy as a unique central bank institution. Another central theme is the advent and the transformation of the role of the universal banks from the end of the nineteenth century until the birth of the “entrepreneurial State”, as a result of the foundation of the Istituto per la Ricostruzione Industriale (IRI); the emergence of public companies and the more recent series of privatisations in 1990s.
Another central topic of the course is the evolution of the international monetary system between the 19th and 20th centuries. The issues dealt within this context are: the gold standard (1870 – 1914) the gold excgange standard and the decentralization and financial instability in the interwars years; the Crisis of the ‘29 and the Great depression of the 1930’s; the Bretton Woods system (1944-1971); the period of floating exchange rates, following the end of the Bretton Woods system; the growth of theinflation and the growth in public spending; the birth of the European Monetary System, and the origin of the Economic and Monetary Union.



Core Documentation

L. Neal, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015;
V. Tanzi, Government versus Markets. The Changing Economic Role of the State, CUP, 2014;
F. Amatori, R. Millward, P.A. Toninelli (eds.), Reappraising State-Owned Enterprise, Routledge, 2011.



Type of delivery of the course

Taught class and seminars with experts In the event of a continuation of the Covid-19 em.eregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, the following provisions will remain in force: lessons carried out through the Microsft Teams platform, support material for distance learning will be loaded onto the Moodle platform. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

Type of evaluation

Students attending this course will be expected to undergo intermediate tests that will focus on the contents of the lessons and related reading material presented during the course. It will also be possible to submit written papers elaborating on individual themes covered in the course. These papers will form part of the final exam. In the event of a continuation of the Covid-19 emeregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, exams are expected to take place through the Micrsoft Teams platform in the form of an oral exam. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

teacher profile | teaching materials

Mutuazione: 21201468 STORIA DELLA FINANZA in Finanza e impresa LM-16 D'ERRICO RITA MARIA MICHELA

Programme

The themes that will be studied during the course will be based around the following thematic nuclei: the establishment and the development of central banks; the development of public finance and the rise of the stock exchange markets; the role of the banks in the process of industrialisation. In this context, the cases of England, Germany, France, United Staes, Italy will be examined in a comparative approach. A special focus will be on the understanding of the Italian case study and to the evolution of the relationship between banks and industry from the period of Italian Unification. In this context, particular attention is devoted to the events leading to the emergence of the Bank of Italy as a unique central bank institution. Another central theme is the advent and the transformation of the role of the universal banks from the end of the nineteenth century until the birth of the “entrepreneurial State”, as a result of the foundation of the Istituto per la Ricostruzione Industriale (IRI); the emergence of public companies and the more recent series of privatisations in 1990s.
Another central topic of the course is the evolution of the international monetary system between the 19th and 20th centuries. The issues dealt within this context are: the gold standard (1870 – 1914) the gold excgange standard and the decentralization and financial instability in the interwars years; the Crisis of the ‘29 and the Great depression of the 1930’s; the Bretton Woods system (1944-1971); the period of floating exchange rates, following the end of the Bretton Woods system; the growth of theinflation and the growth in public spending; the birth of the European Monetary System, and the origin of the Economic and Monetary Union.



Core Documentation

L. Neal, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015;
V. Tanzi, Government versus Markets. The Changing Economic Role of the State, CUP, 2014;
F. Amatori, R. Millward, P.A. Toninelli (eds.), Reappraising State-Owned Enterprise, Routledge, 2011.



Type of delivery of the course

Taught class and seminars with experts In the event of a continuation of the Covid-19 em.eregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, the following provisions will remain in force: lessons carried out through the Microsft Teams platform, support material for distance learning will be loaded onto the Moodle platform. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

Type of evaluation

Students attending this course will be expected to undergo intermediate tests that will focus on the contents of the lessons and related reading material presented during the course. It will also be possible to submit written papers elaborating on individual themes covered in the course. These papers will form part of the final exam. In the event of a continuation of the Covid-19 emeregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, exams are expected to take place through the Micrsoft Teams platform in the form of an oral exam. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

teacher profile | teaching materials

Programme

The themes that will be studied during the course will be based around the following thematic nuclei: the establishment and the development of central banks; the development of public finance and the rise of the stock exchange markets; the role of the banks in the process of industrialisation. In this context, the cases of England, Germany, France, United Staes, Italy will be examined in a comparative approach. A special focus will be on the understanding of the Italian case study and to the evolution of the relationship between banks and industry from the period of Italian Unification. In this context, particular attention is devoted to the events leading to the emergence of the Bank of Italy as a unique central bank institution. Another central theme is the advent and the transformation of the role of the universal banks from the end of the nineteenth century until the birth of the “entrepreneurial State”, as a result of the foundation of the Istituto per la Ricostruzione Industriale (IRI); the emergence of public companies and the more recent series of privatisations in 1990s.
Another central topic of the course is the evolution of the international monetary system between the 19th and 20th centuries. The issues dealt within this context are: the gold standard (1870 – 1914) the gold excgange standard and the decentralization and financial instability in the interwars years; the Crisis of the ‘29 and the Great depression of the 1930’s; the Bretton Woods system (1944-1971); the period of floating exchange rates, following the end of the Bretton Woods system; the growth of theinflation and the growth in public spending; the birth of the European Monetary System, and the origin of the Economic and Monetary Union.



Core Documentation

L. Neal, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015;
V. Tanzi, Government versus Markets. The Changing Economic Role of the State, CUP, 2014;
F. Amatori, R. Millward, P.A. Toninelli (eds.), Reappraising State-Owned Enterprise, Routledge, 2011.



Type of delivery of the course

Taught class and seminars with experts In the event of a continuation of the Covid-19 em.eregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, the following provisions will remain in force: lessons carried out through the Microsft Teams platform, support material for distance learning will be loaded onto the Moodle platform. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

Type of evaluation

Students attending this course will be expected to undergo intermediate tests that will focus on the contents of the lessons and related reading material presented during the course. It will also be possible to submit written papers elaborating on individual themes covered in the course. These papers will form part of the final exam. In the event of a continuation of the Covid-19 emeregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, exams are expected to take place through the Micrsoft Teams platform in the form of an oral exam. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

teacher profile | teaching materials

Mutuazione: 21201468 STORIA DELLA FINANZA in Finanza e impresa LM-16 D'ERRICO RITA MARIA MICHELA

Programme

The themes that will be studied during the course will be based around the following thematic nuclei: the establishment and the development of central banks; the development of public finance and the rise of the stock exchange markets; the role of the banks in the process of industrialisation. In this context, the cases of England, Germany, France, United Staes, Italy will be examined in a comparative approach. A special focus will be on the understanding of the Italian case study and to the evolution of the relationship between banks and industry from the period of Italian Unification. In this context, particular attention is devoted to the events leading to the emergence of the Bank of Italy as a unique central bank institution. Another central theme is the advent and the transformation of the role of the universal banks from the end of the nineteenth century until the birth of the “entrepreneurial State”, as a result of the foundation of the Istituto per la Ricostruzione Industriale (IRI); the emergence of public companies and the more recent series of privatisations in 1990s.
Another central topic of the course is the evolution of the international monetary system between the 19th and 20th centuries. The issues dealt within this context are: the gold standard (1870 – 1914) the gold excgange standard and the decentralization and financial instability in the interwars years; the Crisis of the ‘29 and the Great depression of the 1930’s; the Bretton Woods system (1944-1971); the period of floating exchange rates, following the end of the Bretton Woods system; the growth of theinflation and the growth in public spending; the birth of the European Monetary System, and the origin of the Economic and Monetary Union.



Core Documentation

L. Neal, A Concise History of International Finance. From Babylon to Bernanke, CUP, 2015;
V. Tanzi, Government versus Markets. The Changing Economic Role of the State, CUP, 2014;
F. Amatori, R. Millward, P.A. Toninelli (eds.), Reappraising State-Owned Enterprise, Routledge, 2011.



Type of delivery of the course

Taught class and seminars with experts In the event of a continuation of the Covid-19 em.eregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, the following provisions will remain in force: lessons carried out through the Microsft Teams platform, support material for distance learning will be loaded onto the Moodle platform. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.

Type of evaluation

Students attending this course will be expected to undergo intermediate tests that will focus on the contents of the lessons and related reading material presented during the course. It will also be possible to submit written papers elaborating on individual themes covered in the course. These papers will form part of the final exam. In the event of a continuation of the Covid-19 emeregency the relevant provisions governing the management of educational activities and student evaluations will be applied. In particular, exams are expected to take place through the Micrsoft Teams platform in the form of an oral exam. Students are advised to visit the Athenaeum website on a regular basis, in order to be promptly informed about the emergency measures in place.