The late Middle Ages witnessed the transformation of the county of Holland from a peripheral agrarian region to a highly commercialised and urbanised one. This book examines how the organisation of commodity markets contributed to this remarkable development. Comparing Holland to England and Flanders, the book shows that Holland’s specific history of reclamation and settlement had given rise to a favourable balance of powers between state, nobility, towns and rural communities that reduced opportunities for rent-seeking and favoured the rise of efficient markets. This allowed burghers, peasants and fishermen to take full advantage of new opportunities presented by changing economic and ecological circumstances in the late fourteenth and early fifteenth centuries.
The Market Abuse Regulation (MAR) entered into force in 2016 within the European Union, which introduced a fully harmonized ban on market manipulation. Even though the regulation is quite detailed, the terms used to define market manipulation are relatively vague and open-ended. In
What Is market manipulation? Dr. Andri Fannar Bergþórsson offers unique insight to and an interpretation of the concept of market manipulation, which includes an analysis of case law from the Nordic countries. The aim of the book is to clarify the concept as described in MAR and to provide readers some guidelines to distinguish between lawful behaviour and market manipulation (the unlawful behaviour). Bergþórsson convincingly argues that misinformation is an essential element of all forms of market manipulation.
Even though markets have become a major topic in recent historiography, there are few studies investigating the shifts in the importance of markets and their functioning over the very long run. The present volume offers such a long-term study, by focusing on the case of ancient and medieval Iraq
Institutions that allow for the accumulation of capital were as crucial to economic growth throughout history as they are today. But whereas historians often focus on the precursors of modern banking institutions, little is known of any alternatives that may have served similar purposes prior to their rise. This study focuses on the institutional framework of markets for 'renten', a type of long-term debt that enabled economic development in much of Northwest Europe in the late Middle Ages. In the county of Holland, these markets allowed large segments of the public and private sectors to reallocate capital. This study thus uncovers the medieval capital markets in the region that was to become the core of the Dutch Republic.
characterized by market relations. Shipping agencies and their agents, as well as the clients they served, engaged in freightage through activities that were frequently outside the plan. Often, deliveries were solicited or executed on the basis of ad hoc arrangements whereby cargo haulers exchanged their
Assembled in honour of John H. A. Munro (University of Toronto), the volume groups nineteen original studies by a diversified panel of scholars. The essays explore late medieval market mechanisms and associated institutional, fiscal and monetary, organizational, decision-making, legal and ethical issues, as well as various aspects of production, consumption and market integration. The geographical scope stretches