Medieval Capital Markets: Markets for renten, State Formation and Private Investment in Holland (1300-1550): 2
Author(s): Jaco Zuijderduijn (Author)
Publisher: Brill
Publication Date: 6 May 2009
Edition: Illustrated
Language: English
Print length: 332 pages
ISBN-10: 9004175652
ISBN-13: 9789004175655
Book Description
Institutions that allow for the accumulation of capital were as crucial to economic growth throughout history as they are today. But whereas historians often focus on the precursors of modern banking institutions, little is known of any alternatives that may have served similar purposes prior to their rise. This study focuses on the institutional framework of markets for ‘renten’, a type of long-term debt that enabled economic development in much of Northwest Europe in the late Middle Ages. In the county of Holland, these markets allowed large segments of the public and private sectors to reallocate capital. This study thus uncovers the medieval capital markets in the region that was to become the core of the Dutch Republic.
Editorial Reviews
From the Publisher
This book is part of The Global Economic History Series which aims to publish works contributing to the description, clarification and explanation of long-term changes in world economy, including such issues as the differential economic development of various countries and regions, and the economic and social inequalities that resulted from this imbalanced pattern. The series includes studies which combine a theoretical perspective with detailed historical investigations, and utilise a comparative perspective to unravel the mysteries of global economic development.
General Editors: Maarten Prak and Jan Luiten van Zanden
For more information see: brill.nl/publications/global-economic-history-series
From the Back Cover
Institutions that allow for the accumulation of capital were as crucial to economic growth throughout history as they are today. But whereas historians often focus on the precursors of modern banking institutions, little is known of any alternatives that may have served similar purposes prior to their rise. This study focuses on the institutional framework of markets for ‘renten’, a type of long-term debt that enabled economic development in much of Northwest Europe in the late Middle Ages. In the county of Holland, these markets allowed large segments of the public and private sectors to reallocate capital. This study thus uncovers the medieval capital markets in the region that was to become the core of the Dutch Republic.
About the Author
C.J. Zuijderduijn Ph.D. (2007) in History, Utrecht University, is a postdoc researcher at the department of Economic and Social History at Utrecht University. He publishes on the history of capital markets, and the mobility of capital in families and households.
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