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Freedom without capital. The Sardinian banking crisis of 1887
Author/s: Francesco Sanna 
Year:  2020 Issue: 109 Language: Italian 
Pages:  25 Pg. 46-70 FullText PDF:  178 KB
DOI:  10.3280/PASS2020-109003
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The Sardinian banking crisis in 1887 prefigured at a regional level a range of problems that a few months later would also emerge in the national banking crisis: a failure to diversify the portfolio, a lack of vigilance, inexperience and an absence of any serious rescue attemps by the issuing banks and the political classes. In the Sardinian case a shortage of capital and the weakness of the island’s economy were additional factors. After the failure of its banking system, Sardinia would have to wait a long time to recover.
Keywords: Banks, Sardinia, 1887, Crisis

Francesco Sanna, Freedom without capital. The Sardinian banking crisis of 1887 in "PASSATO E PRESENTE" 109/2020, pp. 46-70, DOI:10.3280/PASS2020-109003


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