States of Credit : Size, Power, and the Development of European Polities.
Başlık:
States of Credit : Size, Power, and the Development of European Polities.
Yazar:
Stasavage, David.
ISBN:
9781400838875
Yazar Ek Girişi:
Fiziksel Tanımlama:
1 online resource (153 pages)
Seri:
The Princeton Economic History of the Western World
İçerik:
Cover -- Title -- Copyright -- Contents -- Illustrations -- Acknowledgments -- Chapter One: Introduction -- Representation, Scale, and Control -- The Evolution and Importance of Public Credit -- Representative Assemblies in City-States and Territorial States -- Geographic Scale and Merchant Power -- Broad Sample Evidence -- Origins of City-States -- Case Study Evidence -- Plan of the Book -- Chapter Two: The Evolution and Importance of Public Credit -- Why Credit Was Important -- When Did States First Borrow Long-Term? -- The Cost of Borrowing -- Economic Explanations for the City-State Advantage -- Summary -- Chapter Three: Representative Assemblies in Europe, 1250-1750 -- Origins of Representative Assemblies -- Prerogatives of Representative Assemblies -- Who Was Represented? -- The Intensity of Representation -- Summary -- Chapter Four: Assessing the City-State Advantage -- Representation and Credit as an Equilibrium -- Representative Institutions and the Creation of a Public Debt -- Representative Institutions and the Cost of Borrowing -- Variation within City-States -- Summary -- Chapter Five: Origins of City-States -- The Rokkan/Tilly Hypothesis -- The Carolingian Partition Hypothesis -- Empirical Evidence -- Reassessing the City-State Advantage -- Summary -- Chapter Six: Three City-State Experiences -- Merchant Oligarchy in Cologne -- Genoa and the Casa di San Giorgio -- Siena under the Rule of the Nine -- Summary -- Chapter Seven: Three Territorial State Experiences -- France and the Rentes sur l'Hôtel de Ville -- Revisiting Absolutism in Castile -- Accounting for Holland's Financial Revolution -- Summary -- Chapter Eight: Implications for State Formation and Development -- The Debate on War and State Formation -- Information, Commitment, and Democracy -- Understanding Early Modern Growth -- Bibliography -- Index -- A -- B -- C -- D -- E.
F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Z.
Özet:
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.
Notlar:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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