The Bonds of Trade

The Bonds of Trade

Economic Institutions in Pre-modern Northern Europe

eBook - 2012
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Pre-modern, long-distance trade was conducted in a highly complex and uncertain environment. Aside from the lack of personal security, trade was characterized by slow communication, asymmetric information, and limited contract enforceability. There was no state, in the modern sense, to protect merchants. Despite these overwhelming problems, trade, and even overseas trade, flourished in medieval and early modern Europe. This book explores this paradox: how could trade thrive and the economy ex ...
Publisher: Newcastle upon Tyne : Cambridge Scholars Pub., 2012
ISBN: 9781299644588
1299644589
9781443843195
1443843199
9781443841382
1443841382
Characteristics: 1 online resource (201 pages) : illustrations

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