Cittadini-creditori: municipi e mercati finanziari in Spagna durante il primo trentennio del Ventesimo secolo

Titolo Rivista STORIA URBANA
Autori/Curatori Gregorio Nùnez Romero-Balmas
Anno di pubblicazione 2009 Fascicolo 2008/119
Lingua Italiano Numero pagine 24 P. 101-124 Dimensione file 1761 KB
DOI 10.3280/SU2008-119006
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più clicca qui

Qui sotto puoi vedere in anteprima la prima pagina di questo articolo.

Se questo articolo ti interessa, lo puoi acquistare (e scaricare in formato pdf) seguendo le facili indicazioni per acquistare il download credit. Acquista Download Credits per scaricare questo Articolo in formato PDF

Anteprima articolo

FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche

Citizens-creditors. Municipalities and Financial Markets in Spain during the First Third of the Twentieth Century - Modernisation is a complex process that involves several aspects and different scientific disciplines. Social and institutional modernisation, particularly that of municipalities, which took place between the late 19th century and the early of 20ths, involved significant changes over wide areas. These areas range from political and institutional internal reorganisations, to the application of new mass services and infrastructural networksystems, as well as basic social and organizational changes. In the following pages we study the measures taken by a wide segment of Spanish municipalities as part of their internal modernization processes shortly after the critical events of the late 19th century. To do this, they made use of the emerging financial markets by raising additional funds, and more precisely, by regularly emitting public debt. In this article we will show how the use of formal market debt involved certain preconditions to be carried out by the emitting organisms, and the underlying advantages to be had. Financial leverage obtained by using market facilities became a powerful instrument for local change in Spain that where up to that time no change had been possible. But the financial crisis of the 1930s and the later Civil War set a downward course in the modernisation process and even in the use of financial markets by Spanish municipalities.;

Gregorio Nùnez Romero-Balmas, Cittadini-creditori: municipi e mercati finanziari in Spagna durante il primo trentennio del Ventesimo secolo in "STORIA URBANA " 119/2008, pp 101-124, DOI: 10.3280/SU2008-119006