Gianni Toniolo

Research Professor Emeritus of Economics

External Address: 
419 Chapel Drive, Soc Sc Build 213, Durham, NC 27708
Internal Office Address: 
Box 90097, Durham, NC 27708-0097
(919) 660-1855

Professor Toniolo specializes in the field of European economic history in the 19th and 20th Centuries. He is interested in exploring European economic growth, international monetary cooperation, financial history and distribution of welfare and income over the last two centuries. His latest projects include the titles, “A Benevolent Industrial Revolution?” and “The Gold Standard: Commit or Shadow?” Other titles of his more recent published papers are, “The Global Economy in the 1990s. A Long-run Perspective” with P. Rhode; “Central Banking Cooperation at the Bank for International Settlements;” “The European Economy Between the Wars” with C. Feinstein and P. Temin; and others. He has also written several books on similar subjects, including Central Bank Cooperation at the Bank for International Settlements, Patterns of European Industrialization: the Nineteenth Century with R. E. Sylla, The Global Economy in the 1990s, A Long-run Perspective, and The European Economy Between the Wars with C. Feinstein and P. Temin. Professor Toniolo is currently continuing his research on the study of industrialization during the “first globalization,” European economic development from 1800-present, post-unification Italy, and the general history of money, central banking, and financial markets and institutions.

Cesarano, F, Cifarelli, G, and Toniolo, G. "Exchange Rate Regimes and Reserve Policy: The Italian Lira, 1883-1911." Open Economies Review 23, no. 2 (2012): 253-275. Full Text

Toniolo, G, and Vecchi, G. "“Italian Children at Work”." Il Giornale degli Economisti e Annali d’Economia, CXX, no. 3 (2007). (Academic Article)

Toniolo, G. "“La storia economica dell’Italia liberale: una rivoluzione in atto”." Rivista di Storia Economica 19 (December 2004): 247-264. (Academic Article)

Toniolo, G, Conte, L, and Vecchi, G. "Monetary Union, institutions and financial market integration: Italy, 1862-1905." Explorations in Economic History 40, no. 4 (2003): 443-461. Full Text

Rossi, N, Toniolo, G, and Vecchi, G. "Is the Kuznets curve still alive? Evidence from Italian household budgets, 1881-1961." Journal of Economic History 61, no. 4 (2001): 904-925.

Toniolo, G, and Boltho, A. ""The Assessment: The Twentieth Century - Achievements, Failures, Lessons"." Oxford Review of Economic Policy XV, no. 4 (December 1999): 1-17. (Academic Article)

Boltho, A, and Toniolo, G. "The assessment: The twentieth century - achievements, failures, lessons." Oxford Review of Economic Policy 15, no. 4 (1999): 1-17.

Toniolo, G. "Europe’s golden age, 1950-73: speculations from a long-run perspective." The Economic History Review LI, no. 2 (1998): 252-267. (Academic Article)

Toniolo, G. "Europe's golden age, 1950-1973: Speculations from a long-run perspective." Economic History Review 51, no. 2 (1998): 252-267.

Crafts, N, and Toniolo, G. "Economic growth in Europe since 1945." Economic growth in Europe since 1945 (1996).


Feinstein, CH, Temin, P, and Toniolo, G. The World Economy between the World Wars. 2008.

The Past and Future of Central Bank Cooperation. Edited by C Borio, G Toniolo, and P Clement. 2008.

Rhode, PW, and Toniolo, G. The global economy in the 1990s: A long-run perspective. January 1, 2006. Full Text

Crafts, N, and Toniolo, G. "'Les Trente Glorieuses': From the Marshall Plan to the Oil Crisis." In The Oxford Handbook of Postwar European History. September 18, 2012. Full Text

Rhode, PW, and Toniolo, G. "Understanding the 1990s: A long-run perspective." In The Global Economy in the 1990s: A Long-Run Perspective, 1-20. January 1, 2006. Full Text

Toniolo, G. "Laudatio patritii: Patrick O’brien and European economic history." In Exceptionalism and Industrialisation: Britain and its European Rivals, 1688-1815, 283-293. January 1, 2004. Full Text