consilia and decisiones, Wouter Druwé studies the multinormative framework on loans and credit in the Golden Ages of Antwerp and Amsterdam (c. 1500-1680). He analyzes the use of a wide variety of legal financial techniques in the Low Countries, such as money lending and the taking of interest, the constitution of annuities, cession and delegation, bearer bonds, bills of exchange, partnerships, and representation in financial affairs, as well as the consequences of monetary fluctuations. Special attention is paid to how the transregional European system of learned Roman and canon law (
ius commune) was applied in daily ‘learned legal practice’. The study also deals with the prohibition against usury and with the impact of moral theology on legal debates.
This issue of
International Development Policy looks at recent paradigmatic innovations and related development trajectories in Latin America, with a particular focus on the Andean region. It examines the diverse development narratives and experiences in countries such as Bolivia, Colombia, Ecuador and Peru during a period of high commodity prices associated with robust growth, poverty alleviation and inequality reduction. Highlighting propositions such as
buen vivir, this thematic issue questions whether competing ideologies and discourses have translated into different outcomes, be it with regard to environmental sustainability, social progress, primary commodity dependence, or the rights of indigenous peoples. This collection of articles aims to enrich our understanding of recent development debates and processes in Latin America, and what the rest of the world can learn from them.
Development as a Battlefield is an innovative exploration of the multidimensional meanings of – and interactions between – conflict and development. The two phenomena are all too often regarded as ostensibly antagonistic. This was exemplified again in the context of the Arab Spring that erupted in December 2010 and was eventually short-lived in several countries of the Middle-East and North-Africa (MENA) region. This volume – the 8th thematic issue of
International Development Policy – is an invitation to reconsider and renew the way social scientists usually seek to make sense of socio-political and economic developments in the MENA region and beyond.
This volume brings together nine chapters by specialist legal historians that address the topic of the scale and size of companies, in both legal and economic history. The bundled texts cover different periods, from the Middle Ages, the Early Modern Period, to the nineteenth century. They analyse the historical development of basic features of present-day corporations and of other company types, among them the general and limited partnership. These features include limited liability and legal personality. A detailed overview is offered of how legal concepts and mercantile practice interacted, leading up to the corporate characteristics that are so important today.
Contributors are: Anja Amend-Traut, Luisa Brunori, Dave De ruysscher, Stefania Gialdroni, Ulla Kypta, Bart Lambert, Annamaria Monti, Carlos Petit, and Bram Van Hofstraeten.
Since 2011, democratic transitions in the Middle East and North Africa have mostly failed to consolidate and have been hindered by the difficult economic heritage of previous authoritarian governments. Yet newly established democratic governments must deliver on the expectations of their people, especially the poorer strata, otherwise disillusionment may open the door to restoration of authoritarian rule. Can democracy succeed? Various ideas for economic policies that may help consolidate the early democratisation process are proposed in this volume, while major obstacles on the way to democratic success are also highlighted.
Contributors include: Alissa Amico, Laura El-Katiri, Philippe Fargues, Bassam Fattouh, Steffen Hertog, Giacomo Luciani, Samir Makdisi, Adeel Malik, Bassem Snaije, Robert Springborg, and Eckart Woertz.
Modern bank insurance is traced to its roots in
The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933. Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance.
The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.
Based on a multidisciplinary analysis, the book presents a contemporary view of the main challenges facing regional development and regional policy in Central and Eastern Europe, particularly considering to what extent domestic and non-domestic legacies have affected the regionalization process in this area. The volume mainly focuses on the institutional arrangements at regional level, analyzing the motives, procedures and outcomes of either political or administrative reforms introduced in the latest years. The focus are the former communist countries, both members of the EU and not (case studies selected: Romania, Hungary, Poland and Serbia), with a specific chapter concentrating on a case study from the West – England – whose process of regionalization provides a useful point of reference for the experiences of its Central-East counterparts.