Freedom without capital. The Sardinian banking crisis of 1887

Journal title PASSATO E PRESENTE
Author/s Francesco Sanna
Publishing Year 2020 Issue 2020/109
Language Italian Pages 25 P. 46-70 File size 178 KB
DOI 10.3280/PASS2020-109003
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

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, Libertà senza capitali. La crisi bancaria sarda del 1887 in "PASSATO E PRESENTE" 109/2020, pp 46-70, DOI: 10.3280/PASS2020-109003