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In this major interpretation of the crisis of democracy in Italy after World War I, Douglas Forsyth uses unpublished documents in Italy's central state archives, as well as private papers, diplomatic and bank archives in Italy, France, Britain and the United States, to analyse monetary and financial policy in Italy from the outbreak of war until the march on Rome. The study focuses on real and perceived conflicts and often painful choices between great power politics, economic growth, macroeconomic stabilisation and the preservation or strengthening of democratic consensus. The key issue explored is why governments in Italy after World War I, although headed by left-liberal reformers, were unable to press ahead with the democratic reformism which had characterised the so-called 'Giolittian era', 1901-1914. Their failure paved the way for parliamentary deadlock and Mussolini's seizure of power.

History of Italy --- anno 1910-1919 --- anno 1920-1929 --- Arts and Humanities --- History --- Finance, Public --- Finance --- Monetary policy --- History. --- Italy --- Politics and government --- Cameralistics --- Public finance --- Public finances --- Currency question --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Funding --- Funds --- Economics

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AA / International- internationaal --- EUR / Europe - Europa --- 331.31 --- 331.157 --- 331.156 --- 331.101 --- 333.846.0 --- Economisch beleid. --- Geldwezen sedert 1945. --- Geldwezen van 1914 tot 1945. --- Geschiedenis van de economische cyclussen. --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden. --- Finance --- Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Funding --- Funds --- Economics --- Currency question --- History --- Geschiedenis van de economische cyclussen --- Geldwezen van 1914 tot 1945 --- Geldwezen sedert 1945 --- Economisch beleid --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden --- Europe --- Economic policy.