International trade in times of financial distress: How the Great Depression reshaped Banca Commerciale Italiana’s acceptance activity in New York (1926-1931)
The aim is to understand how the Great Depression influenced Banca Commerciale Italiana’s practices in international trade, particularly its acceptance activity in New York.
Historical analysis of financial documents from Banca Commerciale Italiana.
Comparison of acceptance activity data before and during the Great Depression.
Examination of economic indicators relevant to international trade.
Banca Commerciale Italiana significantly altered its acceptance activity in response to financial distress.
The Great Depression led to a notable decline in international trade activities.
New York operations were particularly affected, indicating a shift in banking strategies.