Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159689
Authors: 
Carboni, Mauro
Year of Publication: 
2012
Series/Report no.: 
Quaderni - Working Paper DSE 850
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.
JEL: 
N23
N43
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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