LEADER 04254nam 2200769 a 450 001 9910814684203321 005 20200520144314.0 010 $a1-283-12927-2 010 $a9786613129277 010 $a1-4008-3887-8 024 7 $a10.1515/9781400838875 035 $a(CKB)2670000000095264 035 $a(EBL)712173 035 $a(OCoLC)733555290 035 $a(SSID)ssj0000525872 035 $a(PQKBManifestationID)11329875 035 $a(PQKBTitleCode)TC0000525872 035 $a(PQKBWorkID)10507620 035 $a(PQKB)10064123 035 $a(MiAaPQ)EBC712173 035 $a(StDuBDS)EDZ0000514988 035 $a(MdBmJHUP)muse36683 035 $a(DE-B1597)446942 035 $a(OCoLC)979629529 035 $a(DE-B1597)9781400838875 035 $a(Au-PeEL)EBL712173 035 $a(CaPaEBR)ebr10477118 035 $a(CaONFJC)MIL312927 035 $a(PPN)158551273 035 $a(MiAaPQ)EBC31773294 035 $a(Au-PeEL)EBL31773294 035 $a(EXLCZ)992670000000095264 100 $a20110224d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aStates of credit $esize, power, and the development of European polities /$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 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