Abstract

Can Italy Avert Bankruptcy?
Stewart, Maxwell S. | October 23, 1935 issue

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Italy's economic status presents a paradox, which at first sight seems to defy logical explanation. On the one hand, there is abundant evidence that the country is undergoing a financial crisis graver than any since the Black Shirt march on Rome, Italy in 1922. Yet in the face of this stringency, and presumably because of it, Italian dictator Benito Mussolini has launched a costly and hazardous adventure in Ethiopia, which cannot fail to impose a tremendous strain on the national economy. The basic economic difficulties of Italy long antedate Mussolini's seizure of power, but they have been greatly increased by his nationalistic policies.

See Also:

BANKRUPTCY; ITALY -- Economic conditions; FINANCIAL crises; GOVERNMENT policy; ITALY; ETHIOPIA
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