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The rise and decline of a great power: Venice 1250-1650


  • Luciano Pezzolo

    () (Department of Economics, University Of Venice Ca� Foscari)


This essay outlines the rise and decline of the most powerful Italian republican state between the middle ages and the early modern period. It moreover seeks to analyze the political, financial, and military means that enabled a state based on a peripheral site and disposing of relatively limited population resources to achieve such a prominent position in Europe. It then examines the causes of its decline, in both relative and absolute terms. The history of Venice in fact offers an excellent case study with which to verify Schumpeter�s thesis for a specific geographical area, that of the Italian peninsula, which has been surprisingly neglected by scholars interested in the origins of the fiscal state.

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  • Luciano Pezzolo, 2006. "The rise and decline of a great power: Venice 1250-1650," Working Papers 2006_27, Department of Economics, University of Venice "Ca' Foscari".
  • Handle: RePEc:ven:wpaper:2006_27

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    References listed on IDEAS

    1. Arthur J. Rolnick & Francois R. Velde & Warren E. Weber, 1997. "The debasement puzzle: an essay on medieval monetary history," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall, pages 8-20.
    2. Robert H. Bates & Avner Greif & Margaret Levi & Jean-Laurent Rosenthal, 1998. "Analytic Narratives," Economics Books, Princeton University Press, edition 1, number 6355.
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    war; taxation; military power; state formation;


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