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Urban Public Debts, Urban Government and the Market for Annuities in Western Europe (14th-18th Centuries) (Paperback)
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Urban Public Debts, Urban Government and the Market for Annuities in Western Europe (14th-18th Centuries) (Paperback)
Series: Studies in European Urban History, 3
Expected to ship within 12 - 17 working days
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The essays in this volume offer a state-of-the-art analysis of a
heretofore somewhat neglected part of financial history: the way in
which urban governments in Western Europe during the late Middle
Ages and early Modern Times handled the public debts their cities
were confronted with. The technical aspects of the sale of
annuities (renten, rentes) may have already been abundantly
studied, but the links with social and political history still
needed to be tackled. Who bought these annuities and thus
participated in sharing the burden and profits which were likely to
arise from them? What were their motives? How did the obvious links
with urban elites work? And, perhaps most significantly, how did
these occasional sales evolve into a structural way of linking
financially important private persons with public finances, in the
context both of cities and of growing states, since often the
cities needed the money on a short-term basis in order to
accomplish their own financial obligations toward 'the state'.
Participants in the colloquium where a large number of the essays
were first presented represent in the first place the urban
strongholds of Europe in the period under scrutiny: the Low
Countries and Northern and Central Italy, but the Swiss cities, the
cities of Aragon, London and papal Rome are also considered.
General
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