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.
Intercultural Trade, Commercial Litigation, and Legal Pluralism
The book series
Mediterranean Reconfigurations is devoted to the analyses of historical change in the Mediterranean over a long period (15th - 19th centuries), challenging totalizing narratives that “Westernize” Mediterranean history as having led naturally to European domination in the 19th and 20th centuries. In reality, the encounters of Muslim, Jewish, Armenian and Protestant merchants and sailors with legal customs and judicial practices different from their own gave rise to legal and cultural creativity throughout the Mediterranean. Through the prism of commercial litigation, the series thus offers a more accurate and deeper understanding of the practices of intercultural trade, in a context profoundly shaped by legal pluralism and multiple and overlapping spaces of jurisdiction. Comparative case studies offer empirically-based indicators for both regional and more general processes, here called "Mediterranean reconfigurations", e.g. the changing interplay and positioning of individual and institutional actors on different levels in a variety of commercial and legal contexts.
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.
Uno, who proposes to study
capitalism at three distinct levels of abstraction, insists that there should be a mid-range theory of its developmental stages (
dankaïron) between the pure theory of capital, which must be couched in the form of Hegelian dialectic (
genriron), and capitalist histories which must be recounted with full empirical detail. In this book he illustrates how he would himself expose that mid-range theory, by summarising the three types of economic policy that the bourgeois state successively adopted: mercantilism, liberalism and imperialism. He moreover indicates that economics can relate and cross-fertilise with other branches of social science, such as law and politics, only at this level of abstraction, thus achieving an adequate theory of the bourgeois state. Nowhere else is Marx’s insight into ‘the state as the epitome of bourgeois society’ more vividly endorsed than in this book.
First published in Japanese as
Keizai-Seisakuron by Kobundo, Ltd. in 1936. The current work is a translation of the enlarged and revised edition of 1971.
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.