☰

Business & Money

Economic History

States of Credit: Size, Power, and the Development of European Polities (The Princeton Economic History of the Western World)

R 1,977

or 4 x payments of R494.25 with Payflex

Payflex

Availability: Currently in Stock

Delivery: 10-20 working days

Description Specifications
Description
States of Credit: Size, Power, and the Development of European Polities (The Princeton Economic History of the Western World)

States of Credit provides the first comprehensive look at the joint development of representative assemblies and public borrowing in Europe during the medieval and early modern eras. In this pioneering book, David Stasavage argues that unique advances in political representation allowed certain European states to gain early and advantageous access to credit, but the emergence of an active form of political representation itself depended on two underlying factors: compact geography and a strong mercantile presence.

Stasavage shows that active representative assemblies were more likely to be sustained in geographically small polities. These assemblies, dominated by mercantile groups that lent to governments, were in turn more likely to preserve access to credit. Given these conditions, smaller European city-states, such as Genoa and Cologne, had an advantage over larger territorial states, including France and Castile, because mercantile elites structured political institutions in order to effectively monitor public credit. While creditor oversight of public funds became an asset for city-states in need of finance, Stasavage suggests that the long-run implications were more ambiguous. City-states with the best access to credit often had the most closed and oligarchic systems of representation, hindering their ability to accept new economic innovations. This eventually transformed certain city-states from economic dynamos into rentier republics.

Exploring the links between representation and debt in medieval and early modern Europe, States of Credit contributes to broad debates about state formation and Europe's economic rise.

Country	USA
Brand	Princeton University Press
Manufacturer	Princeton University Press
Binding	Hardcover
ItemPartNumber	9 line illus. 10 tables. 1 map.
Model	9 line illus. 10 tables. 1 map.
ReleaseDate	2011-07-25
UnitCount	1
EANs	9780691140575

You might also like...

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Coercion, Capital and European States, A.D. 990 - 1992

Coercion, Capital and European States, A.D. 990 - 1992

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

The Rise of the Western World: A New Economic History

The Rise of the Western World: A New Economic History

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Casualties of Credit: The English Financial Revolution, 1620–1720

Casualties of Credit: The English Financial Revolution, 1620–1720

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Coercion, Capital and European States, A.D. 990 - 1992

Coercion, Capital and European States, A.D. 990 - 1992

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

The Rise of the Western World: A New Economic History

The Rise of the Western World: A New Economic History

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Casualties of Credit: The English Financial Revolution, 1620–1720

Casualties of Credit: The English Financial Revolution, 1620–1720

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Of Rule and Revenue (California Series on Social Choice and Political Economy)

Coercion, Capital and European States, A.D. 990 - 1992

Coercion, Capital and European States, A.D. 990 - 1992

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II (The Princeton Economic History of the Western World)

The Rise of the Western World: A New Economic History

The Rise of the Western World: A New Economic History

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Prosperity & Violence: The Political Economy of Development (Second Edition) (Norton Series in World Politics)

Casualties of Credit: The English Financial Revolution, 1620–1720

Casualties of Credit: The English Financial Revolution, 1620–1720

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650 (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Fall of the Roman Empire: A New History of Rome and the Barbarians

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World)