9780259593584 - giornale degli economisti e rivista di statistica, vol. 59: serie terza, anno xxx, 1. semestre 1919 (classic reprint) von pantaleoni, maffeo (3 Ergebnisse)
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Paperback. Zustand: New. Print on Demand. This fascinating book delves into the economic impact of World War I on Italy by examining national wealth during World War I and meticulously estimating the vast amount of destruction caused by the conflict. The author compensates for the lack of direct data during the war by employing…multiple indirect methods to ascertain wealth, relying on pre-war data and using statistical inference to calculate the impact of the war. The book also carefully considers the unique criteria needed to assess wealth when calculating war reparations. It further offers original insights into how to value non-quantifiable assets, such as public infrastructure. The author concludes that the total wealth of Italy in 1914 was approximately 126-127 billion lire. By October 1917, this had increased to roughly 144-145 billion lire. Unfortunately, this increase in wealth was mainly driven by factors such as increased money circulation, government debt, and company profits rather than actual growth in productive assets. The destruction caused by the war, particularly in the agricultural sector, actually led to a decrease in the productive capacity of the nation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.
