States of Credit: Size, Power, and the Development of European Polities - Couverture rigide

Stasavage, David

9780691140575: States of Credit: Size, Power, and the Development of European Polities

Couverture rigide

ISBN 10 : 069114057X ISBN 13 : 9780691140575

Editeur : Princeton University Press, 2011

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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.

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� propos de l?auteur

David Stasavage is professor of politics at New York University. He is the author of Public Debt and the Birth of the Democratic State.

Les informations fournies dans la section � A propos du livre � peuvent faire r�f�rence � une autre �dition de ce titre.

�diteur: Princeton University Press
Date d'�dition: 2011
Langue: anglais
ISBN 10: 069114057X
ISBN 13: 9780691140575
Reliure: Reli�
Nombre de pages: 208
Coordonn�es du fabricant: non disponible
Personne responsable: non disponible

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9780691166735: States of Credit: Size, Power, and the Development of European Polities (The Princeton Economic History of the Western World)

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ISBN 10 : 0691166730 ISBN 13 : 9780691166735
Editeur : Princeton University Press, 2015
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States of Credit: Size, Power, and the Development of European Polities (The Princeton Economic History of the Western World, 35)

Stasavage, David

Edit� par Princeton University Press, 2011

ISBN 10 : 069114057X ISBN 13 : 9780691140575

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States of Credit

David Stasavage

Edit� par Princeton University Press, US, 2011

ISBN 10 : 069114057X ISBN 13 : 9780691140575

Neuf Couverture rigide

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Hardback. Etat : New. 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. N� de r�f. du vendeur LU-9780691140575

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