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Public Finance of the Dutch Republic in Comparative Perspective - The Viability of an Early Modern Federal State (1570s-1795) (Hardcover)
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Public Finance of the Dutch Republic in Comparative Perspective - The Viability of an Early Modern Federal State (1570s-1795) (Hardcover)
Series: Library of Economic History, 9
Expected to ship within 18 - 22 working days
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This study offers the first complete overview of the remarkable
public finances of the Dutch Republic of the United Provinces.
Wantje Fritschy has analysed the development and structure of its
public revenue and expenditure. She argues that a 'tax revolution'
and the 'fiscal resilience' of the provinces together were more
important for its surprising performance than Holland's public debt
alone, and the institutional and economic characteristics of its
'urban system' were more important than wealth due to foreign
trade. Comparisons with the fiscal systems of three more
centralized states - the Venetian Republic, Britain and the Ottoman
Empire - underline the crucial importance of long-term
'urbanization trajectories' in understanding early-modern fiscal
performance. It was not because it was federal that the Dutch
Republic collapsed.
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