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- W3092794442 abstract "Capital inflows were crucial for the Italian economy after Unification. Their impact positively affected the current account, suffering a constant trade balance deficit. Conventional wisdom emphasizes remittances as the main positive element balancing the current account. However, these findings refer to data from the Istituto Nazionale di Statistica (ISTAT ) that have been considered unreliable by many economic historians. This paper provides an original dataset rejecting the thesis on remittances and suggests tourism as the key element influencing balance of payments trends until World War I." @default.
- W3092794442 created "2020-10-22" @default.
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- W3092794442 date "2019-01-01" @default.
- W3092794442 modified "2023-09-23" @default.
- W3092794442 title "Balancing the Current Account: Remittances and Tourism in Italy, 1861-1914" @default.
- W3092794442 doi "https://doi.org/10.1410/98220" @default.
- W3092794442 hasPublicationYear "2019" @default.
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