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100   $a20110224d2011      uy             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aStates of credit$b[electronic resource] $esize, power, and the development of European polities /$fDavid Stasavage
205   $aCourse Book
210   $aPrinceton, N.J. $cPrinceton University Press$dc2011
215   $a1 online resource (207 p.)
225 1 $aThe Princeton economic history of the Western world
300   $aDescription based upon print version of record.
311   $a0-691-16673-0 
311   $a0-691-14057-X 
320   $aIncludes bibliographical references and index.
327   $aIntroduction -- The evolution and importance of public credit -- Representative assemblies in Europe, 1250-1750 -- Representation and credit in a broad sample of states -- Origins of city-states -- Three city-state experiences -- Three territorial state experiences -- Implications for state formation and development.
330   $aStates of Credit provides the first comprehensive look at the joint development of representative assemblies and public borrowing in Europe during the medieval and early modern eras. In this pioneering book, David Stasavage argues that unique advances in political representation allowed certain European states to gain early and advantageous access to credit, but the emergence of an active form of political representation itself depended on two underlying factors: compact geography and a strong mercantile presence. Stasavage shows that active representative assemblies were more likely to be sustained in geographically small polities. These assemblies, dominated by mercantile groups that lent to governments, were in turn more likely to preserve access to credit. Given these conditions, smaller European city-states, such as Genoa and Cologne, had an advantage over larger territorial states, including France and Castile, because mercantile elites structured political institutions in order to effectively monitor public credit. While creditor oversight of public funds became an asset for city-states in need of finance, Stasavage suggests that the long-run implications were more ambiguous. City-states with the best access to credit often had the most closed and oligarchic systems of representation, hindering their ability to accept new economic innovations. This eventually transformed certain city-states from economic dynamos into rentier republics. Exploring the links between representation and debt in medieval and early modern Europe, States of Credit contributes to broad debates about state formation and Europe's economic rise.
410  0$aPrinceton economic history of the Western world.
606   $aDebts, Public$zEurope$xHistory
606   $aCredit$zEurope$xHistory
606   $aMiddle Ages
607   $aEurope$xPolitics and government
607   $aEurope$xHistory
610   $aCarolingian Empire.
610   $aCarolingian partition hypothesis.
610   $aCastile.
610   $aCologne.
610   $aDutch Republic.
610   $aEurope.
610   $aFrance.
610   $aGenoa.
610   $aHolland.
610   $aItaly.
610   $aLow Countries.
610   $aRokkan/Tilly hypothesis.
610   $aSiena.
610   $aabsolutism.
610   $aborrowing.
610   $acity-states.
610   $acommitment problems.
610   $acredit.
610   $adebt.
610   $aeconomic development.
610   $ageographic scale.
610   $agovernment finance.
610   $ainterest rates.
610   $amerchant oligarchy.
610   $amerchants.
610   $anominal rates.
610   $apolitical control.
610   $apolitical representation.
610   $apolities.
610   $apublic borrowing.
610   $apublic credit.
610   $apublic debt.
610   $apublic finance.
610   $arentes sur l'Htel de Ville.
610   $arepresentative assemblies.
610   $asocial conflict.
610   $asoldiers.
610   $astate formation.
610   $ataxation.
610   $aterritorial states.
610   $awar.
615  0$aDebts, Public$xHistory.
615  0$aCredit$xHistory.
615  0$aMiddle Ages.
676   $a336.3/4094
700   $aStasavage$b David$01183320
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910814684203321
996   $aStates of credit$93978929
997   $aUNINA