Money and the Rise of the Modern Papacy
Subtitle: Financing the Vatican, 18501950
Publisher: Cambridge University Press
Published: February 14, 2005
Language: eng
Format: Hardcover
Number of pages: 286
ISBN-13: 9780521812047
Subjects: European history: from c 1900 -; Roman Catholicism, Roman Catholic Church; Papacy; Catholic Church; Business / Economics / Finance; Business & Economics; Leadership; Business/Economics; Italy; Economic History; Business & Economics / Economic History; Religious aspects; 19th century; 20th century; Capitalism; Finance; History
First sentence: This is the story of the development of the financial structures and policies of an institution - the papacy - which in 1850 was an essentially small, semi-feudal and territorial state with fairly loose spiritual authority over millions of Catholics outside of the Italian peninsula, but which in the next one hundred years shed the last remnants of the 'temporal power', became a highly bureaucratic institution, with an increasingly global diplomatic outreach, and which exercised an increasingly rigid, centralised and undisputed control over the world-wide Roman Catholic Church.