Oscar Gelderblom

(Author)

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650Hardcover, 8 September 2013

Cities of Commerce: The Institutional Foundations of International Trade in the Low Countries, 1250-1650
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Part of Series
Princeton Economic History of the Western World
Print Length
312 pages
Language
English
Publisher
Princeton University Press
Date Published
8 Sep 2013
ISBN-10
0691142882
ISBN-13
9780691142883

Description

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.

Product Details

Author:
Oscar Gelderblom
Book Format:
Hardcover
Country of Origin:
US
Date Published:
8 September 2013
Dimensions:
24.18 x 15.9 x 2.41 cm
ISBN-10:
0691142882
ISBN-13:
9780691142883
Language:
English
Location:
Princeton
Pages:
312
Weight:
566.99 gm

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