Banknotes as a Symbol of Economic and National Power. A Case Study of German, French and Italian Banknotes in the 19th and First Half of the 20th Century.

Anna Grodecka, Marcin Markowski

Research output: Contribution to journalArticlepeer-review

Abstract

Banknotes and their design play an important role in creating a nation’s identity.
This paper analyzes the design of German, French and Italian banknotes in the period after the formation of national states in the 19th century until the outbreak of World War II. We take into account the economic development of these countries and relate it to banknote issuance. Our analysis reveals that the banknote design in German states mirrored the economic conditions of the country, whereas such a relation is not observed in France or Italy.
Original languageEnglish
Pages (from-to)41
Number of pages66
JournalBankhistorisches Archiv. Banking and Finance in Historical Perspective
Publication statusPublished - 2017
Externally publishedYes

Subject classification (UKÄ)

  • Economic History

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