Giving Credit to Dictatorship: Authoritarian Regimes and Financial Capitalism in Europe during the Twentieth Century

This edited volume explores the interplay between political, economic, and financial development in twentieth-century European authoritarian regimes. The book features case studies that explore the impact of domestic and international finance on the rise, stabilization, and decline of various European dictatorships of the twentieth century, such as Italy, Germany, Yugoslavia, Portugal, Spain, Greece, and Turkey. The chapters delve into the role that the regimes played in shaping and transforming the financial system, exploring their international interconnections as well as the influence of economic theory and ideological constructs in dictatorial environments. Applying the methodological framework of the history of capitalism to the analysis of the relationship between authoritarian regimes and financial systems, the book provides new insights into the relationships between politics and economics, and it offers a fresh perspective on contemporary political issues and their interaction with the global financial system. This collection is an ideal resource for postgraduate students and researchers in history, economics, political economy, and political sciences. Cover Half Title Series Title Copyright Contents Foreword List of contributors Authoritarianism and financial capitalism in twentieth-century Europe: an introduction 1 Convergence in decay: primo de Rivera and the new Catalan banking elite, 1925–1931 2 Portugal in a Greek mirror: the failed attempt of a foreign loan supported by the League of Nations, 1927–1928 3 Dictatorship, authoritarian regime, and the banking sector in Yugoslavia during the 1930s 4 The political economy of currency devaluation and trade balance: Italy, 1930s 5 The Bank of Italy goes to war: financing fascist warfare, 1935–1943 6 Banca commerciale Italiana and the re-establishment of Italy’s international economic relations after the sanctions, 1936–1940 7 Support the devil: the involvement of German banks in the NS politics from the occupation to the final solution 8 More repression in a repressed world: the Spanish financial sector during the Franco regime, 1939–1975 9 Dictatorial rule and macroeconomic management: Greece, 1967–1974 10 The making of the transformation of Turkey between 1980 and 1983 Index