1st Edition
Giving Credit to Dictatorship Authoritarian Regimes and Financial Capitalism in Europe during the Twentieth Century
This edited volume explores the interplay between political, economic, and financial development in twentieth-century European authoritarian regimes.
The book features case studies that explore the impact of domestic and international finance on the rise, stabilization, and decline of various European dictatorships of the twentieth century, such as Italy, Germany, Yugoslavia, Portugal, Spain, Greece, and Turkey. The chapters delve into the role that the regimes played in shaping and transforming the financial system, exploring their international interconnections as well as the influence of economic theory and ideological constructs in dictatorial environments. Applying the methodological framework of the history of capitalism to the analysis of the relationship between authoritarian regimes and financial systems, the book provides new insights into the relationshipsbetween politics and economics, and it offers a fresh perspective on contemporary political issues and their interaction with the global financial system.
This collection is an ideal resource for postgraduate students and researchers in history, economics, political economy, and political sciences.
Preface
Youssef Cassis
Authoritarianism and Financial Capitalism in Twentieth Century Europe: An Introduction
Valerio Torreggiani, José Luís Cardoso
1. Convergence in decay. Primo de Rivera and the new Catalan banking elite, 1925-1931
Enrique Jorge-Sotelo
2. Portugal in a Greek mirror: the failed attempt of a foreign loan supported by the League of Nations 1927-1928
Ana Tomás, Nuno Valério
3. Dictatorship, authoritarian regime, and the banking sector in Yugoslavia during the 1930s
Žarko Lazarević
4. The political economy of currency devaluation and trade balance: Italy, 1930s
Enrico Berbenni, Andrea Viola
5. The Bank of Italy Goes to War: Financing Fascist Warfare, 1935-1943
Marianna Astore, Mario Perugini, Valerio Torreggiani
6. Banca Commerciale Italiana and the re-establishment of Italy’s international economic relations after the sanctions, 1936-1940
Federico Castelli
7. Support the Devil. The involvement of German banks in the NS-politics from the occupation to the Final Solution
Anna Veronica Pobbe
8. More repression in a repressed world: the Spanish financial sector during the Franco regime, 1939-1975
Joaquim Cuevas, Elena Martinez-Ruiz, Maria A. Pons
9. Dictatorial rule and macroeconomic management: Greece, 1967-1974
Michalis Psalidopoulos
10. The Making of the Transformation of Turkey between 1980 and 1983
Tayfun Mertan
Biography
Valerio Torreggiani is Research Fellow at the Institute of Social Sciences, University of Lisbon. He is the author of several works on the history of capitalism, organized interests, and corporatism in the nineteenth and twentieth centuries, such as Corporatism in Early Twentieth-Century Britain (2022), Uniformità, frammentazione e conflitto (2022) and Capitalismo e regime fascista (2024).
José Luís Cardoso is Research Professor at the Institute of Social Sciences of the University of Lisbon, Portugal. He is author and editor of several books on the Portuguese history of economic thought from a comparative perspective, with special emphasis on the study of the processes of diffusion and assimilation of economic ideas.
