Infrastructure Finance in Europe: Insights into the History of Water, Transport, and Telecommunications by Youssef CassisInfrastructure Finance in Europe: Insights into the History of Water, Transport, and Telecommunications by Youssef Cassis

Infrastructure Finance in Europe: Insights into the History of Water, Transport, and…

EditorYoussef Cassis, Giuseppe De Luca, Massimo Florio

Hardcover | February 13, 2016

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Funding infrastructure has always been a challenging issue in any country and at any time, yet the topic is still largely unexplored. The social returns of investment in water, roads, railways, or more recently telegraph or communication satellites are often apparent in the long run, but thisdistant horizon poses special problems to governments and investors. This volume provides a broad overview of the main financing solutions implemented in Europe to support infrastructures from the fall of the Roman Empire up to the end of the 20th century. It explores the diverse historical paths pursued in order to solve the problem of infrastructure finance in various European countries, and draws upon the findings of an international and interdisciplinary research project. It brings together case studies by economic historians, economists, andengineers, and the clear taxonomy guides the reader through the financing solutions that have been developed to fund infrastructure over almost three thousand years. The volume is organized into four parts; after an introductory chapter by the editors, Part One offers "horizontal" contributions thatcover the history of European infrastructure finance. Parts Two, Three, and Four each focus on a single sector, namely water, transport, and telecommunications. The findings show how history can inform thinking on contemporary infrastructure problems.
Youssef Cassis is Professor of Economic History at the European University Institute, Florence. His work mainly focuses on banking and financial history, as well as business history more generally. His numerous publications on the subject include City Bankers, 1890-1914 (Cambridge University Press, 1994), Big Business. The European Exp...
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Title:Infrastructure Finance in Europe: Insights into the History of Water, Transport, and…Format:HardcoverDimensions:384 pages, 9.21 × 6.14 × 0 inPublished:February 13, 2016Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:019871341X

ISBN - 13:9780198713418

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Table of Contents

Youssef Cassis, Giuseppe De Luca, and Massimo Florio: Introduction: The History of European Infrastructure Finance: An Analytical FrameworkPart One: The History of European Infrastructure Finance: From the Middle Ages to the Present Era1. Giuseppe De Luca: Infrastructure Financing in Medieval Europe: On and Beyond 'Roman Ways'2. Marcella Lorenzini: Infrastructure Financing in the Early Modern Age: The Beginning of a 'Little Divergence'3. Youssef Cassis: Infrastructure Investments and the Shaping of Modern FinancePart Two: Water4. Massimo Florio: Corvee versus Money in Water Infrastructure in the Alps: The Ru Courtaud, 1393-20135. Olivier Crespi Reghizzi: The Finance of Local Public Goods at the Onset of Industrialization: Water in Paris, 1807-19256. Hugh Goldsmith and Dan Carter: The Finance of Local Public Goods at the Onset of Industrialization: Water in London, 1582-1904Part Three: Transport7. Enrico Berbenni: Paying for the First Motorways: Italy, 1923-19418. Pedro Paolo Ortunez Goicolea: Railway Financing before Nationalization: Spain, 1855-19419. Bjorn Wundsch: Railway Financing: Europe in the 20th CenturyPart Four: Telecommunications10. Damir Agic and Nico Grove: Role of the State in Telecommunications Infrastructure Financing across Europe: The Telephony Service from 1880s to World War I11. Simone Fari: Financing Telegraph Infrastructures, 1850-190012. Matteo Landoni: The Public-Private Partnership in the Italian Satellite Telecommunication System Design: SIRIO and Italsat, 1969-1996