Frontiers of Finance: The Political Economy of Public Debt in the Dutch Republic
Seiten
2025
Brill (Verlag)
978-90-04-43320-5 (ISBN)
Brill (Verlag)
978-90-04-43320-5 (ISBN)
This book questions the benefits that Holland’s provincial financial revolution had on the rest of the Republic of the Seven United Netherlands, arguing that the federal structure hampered the spread of potentially positive effects and preserved the importance of local circumstances.
This book analyses the political economy of provincial public debt within the federal Dutch Republic. Frontiers of Finance: The Political Economy of Public Debt in the Dutch Republic shows that the domestic effect of Holland's financial revolution and Amsterdam's subsequent rise to an international financial centre was limited. Instead, the fiscal and legal fragmentation caused differences in risk, capital supply, transaction costs and, consequently, borrowing costs. The merits of Holland’s financial revolution were thus not transferable to another context. The results are relevant for wider debates about the role of institutions and the financial sector for economic growth.
This book analyses the political economy of provincial public debt within the federal Dutch Republic. Frontiers of Finance: The Political Economy of Public Debt in the Dutch Republic shows that the domestic effect of Holland's financial revolution and Amsterdam's subsequent rise to an international financial centre was limited. Instead, the fiscal and legal fragmentation caused differences in risk, capital supply, transaction costs and, consequently, borrowing costs. The merits of Holland’s financial revolution were thus not transferable to another context. The results are relevant for wider debates about the role of institutions and the financial sector for economic growth.
Alberto Feenstra, Ph.D. (2018), University of Amsterdam, is postdoctoral researcher at Utrecht University. He publishes on Dutch financial history, including provincial debt and monetary colonial history.
| Erscheinungsdatum | 16.12.2025 |
|---|---|
| Reihe/Serie | Library of Economic History ; 20 |
| Verlagsort | Leiden |
| Sprache | englisch |
| Maße | 155 x 235 mm |
| Gewicht | 772 g |
| Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 90-04-43320-1 / 9004433201 |
| ISBN-13 | 978-90-04-43320-5 / 9789004433205 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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