Bilancia dei pagamenti, movimenti dei capitali e equilibrio interno nei primi cinquant'anni del regno d'Italia

• Main Author: G. TATTARA
• Format: Article
• Language: Italian
• Published: Associazione Economia civile 2013-10-01
• Series: Moneta e Credito
• Subjects: Italy, exchange rates, capital movements, balance of payments
• Online Access: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/11002
• ISSN: 2037-3651

<p class="FreeForm"><span lang="EN-GB">The work looks the first 50 years of the Italian republic. First the operation of the adjustment mechanism of the external balance of a country in a fixed exchange rate regime is briefly described according to the portfolio theory. Then a brief overview of the history of Italy is traced, with regard to circulation and exchange problems. The link between the exchange rates and capital movements is analysed and the effects of imbalances in the balance of payments on prices is dealt with. Finally, the author tries to draw some concluding remarks on the importance and specificity of the Italian case.</span></p><p class="FreeForm">  </p><p class="FreeForm"><span lang="EN-GB"><strong>JEL Codes:</strong> H60, N13</span></p><p class="FreeForm"> </p>