From Communal to State Finance: a New Fiscal Pact in the Early Modern Papal States

Carboni, Mauro (2012) From Communal to State Finance: a New Fiscal Pact in the Early Modern Papal States. Bologna: Dipartimento di Scienze economiche DSE, p. 13. DOI 10.6092/unibo/amsacta/3912. In: Quaderni - Working Paper DSE (850). ISSN 2282-6483.
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Abstract

State building and state competition during the 16th century triggered a creative moment in the history of public finance. Recent scholarship has clearly identified the Papal States and their communities as active participants both in the state building process and the reorganization of public finance. Banking on a wealth of fiscal records, it is argued that Papal authority succeeded in forging a new fiscal pact – which lasted over two centuries - between central and local authorities. Blending conservatism and innovation the papacy promoted a contractual approach: local powers were granted a large degree of autonomy in selecting fiscal instruments, the types of wealth to be taxed and the means of collecting resources, while the Apostolic Chamber secured both the control of a growing portion of the provinces’ fiscal income as well as access to a pool of financial resources at a rapidly declining cost.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Carboni, Mauro
Keywords
Papal States, financial revolution, taxation, public debt
Subjects
ISSN
2282-6483
DOI
Deposit date
12 Dec 2013 14:13
Last modified
19 Feb 2014 08:54
URI

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