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Rome and the Papal State: Old Customs and the New Kingdom of Italy

In: The Roman Stock Exchange between the 19th and 20th Centuries

Author

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  • Donatella Strangio

    (Sapienza Università di Roma)

Abstract

What was the political, economic and financial situation of Rome, the capital of the Papal State, before the Italian Unification? A capital and a state in the heart of ItalyItaly, a crossroads of political powers and military armies and, for a long time, a needle in the balance of the political equilibrium of EuropeEurope. The Italian political framework of this historical period was becoming clear enough according to an antagonism that saw the Sardinian KingdomSardinian Kingdom as the only surviving constitutional, parliamentary and liberal kingdom, in the middle of a peninsula dominated by the Austrian empireAustrian empire. The Papal State entered this constellation of Vienna’s satellites without demonstrating any political originality. In fact, more than these satellites, it projected an image of anachronism and substantial weakness, even financial.

Suggested Citation

  • Donatella Strangio, 2022. "Rome and the Papal State: Old Customs and the New Kingdom of Italy," Palgrave Studies in the History of Finance, in: The Roman Stock Exchange between the 19th and 20th Centuries, chapter 0, pages 1-37, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-3-031-00359-2_1
    DOI: 10.1007/978-3-031-00359-2_1
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