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The book explores the intertwined evolution of representative assemblies and public borrowing in medieval and early modern Europe. David Stasavage argues that political representation played a crucial role in enabling certain states to secure early access to credit. He highlights the importance of compact geography and a robust mercantile presence as foundational elements that fostered this political development, offering a new perspective on the dynamics of state finance and representation during this period.
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States of Credit, David Stasavage
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- Pubblicato
- 2015
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