Convergence of public and private agendas in the shaping of the early modern Hispanic Monarchy: an economic-based approach

Alberto Sánchez
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Alberto Sánchez: European University Institute

Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, 2020, vol. 16, issue 03, 01-12

Abstract: This article reviews the state-building process in the Hispanic Monarchy during the mid-sixteenth century through the analysis of the relationship between Genoese high-rank financiers and Castilian private entrepreneurs in the international market of wool. The article argues that these two social groups were state builders as they played a key role in the state formation after the first debt consolidation of Philip II in 1557. The outcomes of the research demonstrate that non-state actors organised as informal institutions could perform better in the state-building process than formal institutions in large polities. This work thus complements the recent literature about the decentralisation of effective power in early modern states. KEY Classification-JEL: N23; 043

Keywords: actores no estatales; proceso de construcción del Estado; instituciones; monarquía hispánica (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ahe:invest:v:16:y:2020:i:03:p:01-12

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