What is it about?
The Italian Renaissance economy is often seen as a period of crisis within the European Late Medieval crisis. The article provides a macroeconomic approach at the age of the Renaissance as an age of expansion and relative high standard of living.
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Why is it important?
Our findings are that relatively high standars of living in 1350-1550 Italy were a precondition, although not the cause, of the flowering in culture and art prior to the decline since the early modern age and for a long epoch of the Italian economy.
Perspectives
A debate on the Italian Renaissance economy was held in 1962–4 in the "Economic History Review". Now, on the basis of recent research on late medieval and early modern Italy, it was time to conclude the debate.
Professor Paolo Malanima
University Magna Graecia Catanzaro
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This page is a summary of: Italy in the Renaissance: a leading economy in the European context, 1350-1550, The Economic History Review, November 2017, Wiley,
DOI: 10.1111/ehr.12650.
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