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State Cash Resources and State Building in Europe 13th-18th century

Katia Béguin
Anne L. Murphy

Political Construction and the Management of Public Resources

No Debt without Taxation. Fiscal Policy, Institutions and Politics in Italy 1350–1700

Luciano Pezzolo

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Extrait du texte


Over recent years scholars of financial history have been widening and developing their scope and methods. The neo-institutional approach has certainly contributed to an understanding of the logic of financial systems and shed new light on the intricate relationships between institutional structure and economic performance.1 The question of sovereign debts and their credibility has been analyzed from different standpoints and in a comparative perspective. This has allowed an explanation of why some governments borrowed at higher cost than others. Several elements have been cited: constitutional structure, the power relations among elites, geopolitics and military pressure, as well as the size of states.2

This chapter explores the relations between constitutional structure and taxation by comparing four states in late medieval and early modern Italy: the duchy of Savoy, the republic of Venice, the Florentine state and the kingdom of Sicily. As it is well known, Venice and ...


Luciano Pezzolo is Associate Professor of Early Modern History at the Department of Humanities of the University Ca’ Foscari of Venice. His main fields of research are economic and military history in medieval and early modern Italy. He has recently published: ’The via italiana to capitalism’, in L. Neal and J. Williamson (eds.), The Cambridge history of capitalism, Cambridge, Cambridge University Press, 2014; ‘The Venetian economy’, in E. Durtseler (ed.), A companion to history of Venice 1400–1797, Leiden, Brill, 2013; ‘Republics and principalities in Italy’, in Bartolomé Yun-Casalialla, Patrick K. O’Brien and Francisco Comín Comín (eds.), The rise of fiscal states: a global history, 1500–1914, Cambridge, Cambridge University Press, 2012, pp. 267–284; (with Giuseppe Tattara) ‘Una fiera senza luogo’: was Bisenzone an international capital market in 16th-century Italy?’, Journal of Economic History, 68 (4), 2008, pp. 1098–1122.

© Institut de la gestion publique et du développement économique, 2017

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