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Economic policy and development in Austrian Lombardy, 1815–1859

Published online by Cambridge University Press:  18 May 2016

Rupert Pichler*
Affiliation:
Federal Ministry of Transport, Innovation and Technology, Rengasse 5, A1010 Vienna. Telephone: + 43-1-53464-3205. E-mail: rupert.pichler@bmv.gv.at

Summary

The question of economic integration is not new in Europe. Historically, the birth and construction of nation-states was important in stimulating interest in the systematic relationships between political and economic integration. In the case of the multinational structure of the Habsburg monarchy in the nineteenth century, the result was an economic policy that, for political reasons, aimed to unite the material interests of a state that was completely heterogeneous in other respects. Lombardy was a case in point. Traditionally the region had been in the economic vanguard in central Europe. When it again became part of Austria in 1815 it also became subject to the imperial policy of political integration. As a result its economic priorities were partially reformulated. On the one hand, Austria had a protectionist system aimed at autarky which made incentives to industrial production a priority. Lombardy's purely mercantilist outlook, on the other hand, was based around the production of a few highly specialized goods, most notably silk, for export. Conflict between economic interests in Lombardy was the inevitable result. Nevertheless, the imperial government had to take account of the fact that it was impossible to restrict Lombardy's international trade relations exclusively to the Austrian market. And the problems that beset any effort to tie the Lombard economy into a denser network of relationships with the Austrian market were not due to the political formation of the Italian nation because Northern Italy, and Lombardy in particular, continued to occupy an anomalous position within the context of the Italian economy.

Type
Articles
Copyright
Copyright © Association for the study of Modern Italy 

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References

Notes

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30. Pichler, , Die Wirtschaft, pp. 125–6. According to the respective sources (Österreichisches Staatsarchiv, Finanzarchiv Präsidium) this was a decision of the central government while the local authorities' opinions were contradictory. The eventual decision was based on considerations about how to stimulate the future potential of the silk sector to generate further tax income.Google Scholar

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32. Pichler, , Die Wirtschaft, p. 151. Again this was a decision of the central government after having received contradictory signals from Lombardy. In that context see for the aspect of technical innovation Roberto Tolaini, ‘Cambiamenti tecnologici nell'industria serica: la trattura nella prima metà dell'ottocento. Casi e problemi’, Società e Storia, 17, 1994, pp. 741–809.Google Scholar

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35. Both quotes from Greenfield, , Economics and Liberalism, p. 267.Google Scholar

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37. For this, an excellent account still remains John Rath, R., The Provisional Austrian Regime in Lombardy-Venetia 1814–1815, University of Texas Press, Austin and London, 1969. For a fuller discussion see Pichler, , Die Wirtschaft , pp. 86122.Google Scholar

38. Pichler, , Die Wirtschaft, pp. 140–63. The research is almost exclusively based on material in the Archivio di Stato di Milano and the Österreichisches Staatsarchiv (Hofkammerarchiv and Finanzarchiv).Google Scholar

39. Archivio di Stato di Milano and the Österreichisches Staatsarchiv (Hofkammerarchiv and Finanzarchiv).Google Scholar

40. For the following account see also Pichler, R., ‘Politica commerciale, economia e rapporti di vicinato tra l'Italia e la monarchia asburgica, 1815–1914’, Società e Storia, 20, 1997, pp. 4885. Again, the research is largely based on archive sources (Archivio di Stato di Milano and Österreichisches Staatsarchiv (Haus-, Hof- und Staatsarchiv)).Google Scholar

41. The issue of banking and industrial development in Lombardy is most comprehensively discussed by Levati, La nobiltà del lavoro.Google Scholar

42. The most comprehensive analysis of railway building in Lombardy is A. Bernardello, La prima ferrovia fra Venezia e Milano: storia della imperial-regia privilegiata strada ferrata ferdinandea lombardo-veneta (1835–1852), Venice, 1996. Since it covers only the period of private ownership this work does not deal with the interesting period of neoabsolutist rule. For the latter see Pichler, , Die Wirtschaft, pp. 247–63.Google Scholar

43. For an explanation of this techniques see Crafts, N.F.R., ‘Gross national product in Europe 1870–1910: some new estimates’, in Explorations in Economic History, 20, 1983, pp. 387. Crafts used this approach to estimate income for countries where the data for the national income accounting method is poor, employing a sample of countries with good income estimates as the dependent variable in the regression. The technique was also employed by Good, ‘The economic lag’. Yet it did generate intense debate: see Pammer, Michael, ‘Proxy data and income estimates: the economic lag of Central and Eastern Europe’, Journal of Economic History, 57, 1997, pp. 448–55; Good, D. F., ‘Proxy data and income estimates: reply to Pammer’, Journal of Economic History, 57, 1997, pp. 456–63.CrossRefGoogle Scholar

44. See, for example, Zaninelli, , ‘L'industria del cotone’, p. xv.Google Scholar