Includes bibliographical references (pages 287-308) and index.
Contents
Central Government -- State Formation, Institutional Change, and Markets for Public Debt -- Public Interest: The Institutional Framework of Markets for Public Debt -- The Emergence of Markets for Public Debt -- The Institutional Framework of Markets for Private Debt -- The Emergence of Markets for Private Debt -- Medieval Capital Markets in Northwest Europe.
Summary
This study uncovers the institutional framework of markets for 'renten', which allowed large segments of the public and private sectors in late medieval Holland to accumulate capital, and thus functioned as capital markets that enabled economic development.
Local Note
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