TY - BOOK AU - Ogilvie,Sheilagh C. TI - Institutions and European trade: merchant guilds, 1000-1800 T2 - Cambridge studies in economic history SN - 9781139011266 AV - HF3495 .O45 2011eb U1 - 382.094 22 PY - 2011/// CY - Cambridge, New York PB - Cambridge University Press KW - Merchants KW - Europe KW - History KW - Commerçants KW - Histoire KW - BUSINESS & ECONOMICS KW - Economic History KW - bisacsh KW - International KW - Marketing KW - POLITICAL SCIENCE KW - International Relations KW - Trade & Tariffs KW - General KW - Exports & Imports KW - Commerce KW - fast KW - Gilde KW - gnd KW - Kaufmannsgilde KW - Zunft KW - Hanse KW - Handel KW - Wirtschaft KW - Händler KW - Köpmän KW - historia KW - Europa KW - sao KW - Handelshus KW - Electronic books N1 - Includes bibliographical references (pages 435-475) and index; Merchant guilds, efficiency, and social capital -- 2. What was a merchant guild? -- 3. Local merchant guilds -- 4. Alien merchant guilds and companies -- 5. Merchant guilds and rulers -- 6. Commercial security -- 7. Contract enforcement -- 8. Principal-agent problems -- 9. Information -- 10. Price volatility -- 11. Institutions, social capital and economic development N2 - "What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did they simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policy-makers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how the answers to such questions can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being"--; "Cambridge Studies in Economic History comprises stimulating and accessible economic history which actively builds bridges to other disciplines. Books in the series will illuminate why the issues they address are important and interesting, place their findings in a comparative context, and relate their research to wider debates and controversies. The series will combine innovative and exciting new research by younger researchers with new approaches to major issues by senior scholars. It will publish distinguished work regardless of chronological period or geographical location"-- UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=357447 ER -