Cities of commerce : the institutional foundations of international trade in the low countries, 1250-1650 /

Cities of Commerce develops a model of institutional change in European commerce based on urban rivalry. Cities continuously competed with each other by adapting commercial, legal, and financial institutions to the evolving needs of merchants. Oscar Gelderblom traces the successive rise of Bruges, A...

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Bibliographic Details
Main Authors: Gelderblom, Oscar
Corporate Authors: De Gruyter.
Published: Princeton University Press,
Publisher Address: Princeton, N.J. :
Publication Dates: [2013]
©2013
Literature type: eBook
Language: English
Series: The princeton economic history of the western world
Subjects:
Online Access: http://dx.doi.org/10.1515/9781400848591
http://www.degruyter.com/doc/cover/9781400848591.jpg
Summary: Cities of Commerce develops a model of institutional change in European commerce based on urban rivalry. Cities continuously competed with each other by adapting commercial, legal, and financial institutions to the evolving needs of merchants. Oscar Gelderblom traces the successive rise of Bruges, Antwerp, and Amsterdam to commercial primacy between 1250 and 1650, showing how dominant cities feared being displaced by challengers while lesser cities sought to keep up by cultivating policies favorable to trade. He argues that it was this competitive urban network that promoted open-access institutions in the Low Countries, and emphasizes the central role played by the urban power holders--the magistrates--in fostering these inclusive institutional arrangements. Gelderblom describes how the city fathers resisted the predatory or reckless actions of their territorial rulers, and how their nonrestrictive approach to commercial life succeeded in attracting merchants from all over Europe. Cities of Commerce intervenes in an important debate on the growth of trade in Europe before the Industrial Revolution. Challenging influential theories that attribute this commercial expansion to the political strength of merchants, this book demonstrates how urban rivalry fostered the creation of open-access institutions in international trade.
Carrier Form: 1 online resource(312pages) : illustrations.
ISBN: 9781400848591
Index Number: HF3595
CLC: F755.09
Contents: Frontmatter --
Contents --
Illustrations --
Acknowledgments --
Chapter 1 Introduction --
Chapter 2. Commercial Cities --
Chapter 3. The Organization of Exchange --
Chapter 4. Crossing Borders --
Chapter 5. Conflict Resolution --
Chapter 6. The Protection of Trade --
Chapter 7. Dealing with Losses --
Chapter 8. Conclusion --
Appendix A. The Incidence of Violence against Foreign Merchants in the Low Countries, 1250 1650 --
Appendix B. The Motivation, Organization, and Outcome of Collective Action by Merchants of the German Hanse in Bruges, 1250 1500 --
List of Abbreviations --
Bibliography --
Index.