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Questioning Credible Commitment

- Perspectives on the Rise of Financial Capitalism
Engelsk Hardback

Questioning Credible Commitment

- Perspectives on the Rise of Financial Capitalism
Engelsk Hardback
Tjek vores konkurrenters priser
Financial capitalism emerged in a recognisably modern form in late seventeenth- and eighteenth-century Great Britain. Following the seminal work of Douglass C. North and Barry R. Weingast (1989), many scholars have concluded that the ''credible commitment'' that was provided by parliamentary backing of government as a result of the Glorious Revolution of 1688 provided the key institutional underpinning on which modern public finances depend. In this book, a specially commissioned group of historians and economists examine and challenge the North and Weingast thesis to show that multiple commitment mechanisms were necessary to convince public creditors that sovereign debt constituted a relatively accessible, safe and liquid investment vehicle. Questioning Credible Commitment provides academics and practitioners with a broader understanding of the origins of financial capitalism, and, with its focus on theoretical and policy frameworks, shows the significance of the debate to current macroeconomic policy making.
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Financial capitalism emerged in a recognisably modern form in late seventeenth- and eighteenth-century Great Britain. Following the seminal work of Douglass C. North and Barry R. Weingast (1989), many scholars have concluded that the ''credible commitment'' that was provided by parliamentary backing of government as a result of the Glorious Revolution of 1688 provided the key institutional underpinning on which modern public finances depend. In this book, a specially commissioned group of historians and economists examine and challenge the North and Weingast thesis to show that multiple commitment mechanisms were necessary to convince public creditors that sovereign debt constituted a relatively accessible, safe and liquid investment vehicle. Questioning Credible Commitment provides academics and practitioners with a broader understanding of the origins of financial capitalism, and, with its focus on theoretical and policy frameworks, shows the significance of the debate to current macroeconomic policy making.
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Produktdetaljer
Sprog: Engelsk
Sider: 298
ISBN-13: 9781107039018
Indbinding: Hardback
Udgave:
ISBN-10: 1107039010
Kategori: Makroøkonomi
Udg. Dato: 12 sep 2013
Længde: 20mm
Bredde: 235mm
Højde: 159mm
Forlag: Cambridge University Press
Oplagsdato: 12 sep 2013
Forfatter(e):
Forfatter(e)

Kategori Makroøkonomi

ISBN-13 9781107039018

Sprog Engelsk

Indbinding Hardback

Sider 298

Udgave

Længde 20mm

Bredde 235mm

Højde 159mm

Udg. Dato 12 sep 2013

Oplagsdato 12 sep 2013

Forlag Cambridge University Press