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Historical roots of microcredit and usury: The role of Monti di Pietà in Italy and in the Kingdom of Naples in XV-XX Centuries

Historical roots of microcredit and usury: The role of Monti di Pietà in Italy and in the Kingdom of Naples in XV-XX Centuries

Gatto, Andrea ORCID: 0000-0003-1005-3571 (2018) Historical roots of microcredit and usury: The role of Monti di Pietà in Italy and in the Kingdom of Naples in XV-XX Centuries. Journal of International Development, 30 (5). pp. 911-914. ISSN 0954-1748 (Print), 1099-1328 (Online) (doi:https://doi.org/10.1002/jid.3386)

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Abstract

The study investigates the role of the Monti di Pietà in Italy and in the Kingdom of Naples from the fifteenth to the twentieth century in promoting the development of contemporary microcredit. The object of the research is to run, through the archival sources and regulations promulgated by the Church, a historical analysis on the evolution of the financial instruments, modern features of the operations and microcredit institutes of the contemporary age. The letter identifies a crucial role of the Monti di Pietà in the provision of credit to the poor as a form of contrast to usury and local development.

Item Type: Article
Uncontrolled Keywords: microcredit, Monti di Pietà, Italy, usury
Subjects: D History General and Old World > DG Italy
H Social Sciences > HG Finance
Faculty / Department / Research Group: Faculty of Engineering & Science
Faculty of Engineering & Science > Natural Resources Institute
Faculty of Engineering & Science > Natural Resources Institute > Livelihoods & Institutions Department
Last Modified: 17 Sep 2019 09:58
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/25216

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