ABSTRACT

The recovery of the Kingdom of Naples' political independence in the eighteenth century can be seen in the adoption of an independent financial policy regarding both the public debt and the regulation of the financial market. This chapter shows that the characteristics, dynamics and ways of managing the Neapolitan public debt in the early modern age, together with its interactions with the broader socio-productive context and with the general situation of the Kingdom's public finances. To understand the connection with the Spanish imperial system people must first of all point out that the decisions regarding Neapolitan public finance reflected policies. The concept of the Spanish Imperial system embodies the idea between the sixteenth and the eighteenth centuries a multiplicity of institutional, political, military, religious and economic-financial ties united the lands of the Spanish monarchy, surmounting its inherent differences and giving rise to a single body with a fair degree of cohesion.