Money and Trade

Robert Blackmore ()

Chapter Chapter 4 in Government and Merchant Finance in Anglo-Gascon Trade, 1300–1500, 2020, pp 95-139 from Palgrave Macmillan

Abstract: Abstract Anglo-Gascon trade generated concurrent movement of gold and silver in coin or bullion, either through speculative activity or through trade imbalances. Both political and economic sources testify to net transfers into Aquitaine, largely from England, during 1305–c.1315, 1329–37, 1351–68, the 1390s, the 1420s, and post-1475, with outward flows to England or elsewhere in all other periods. Increasingly, proto-mercantilist bullionist ideas inspired capital and exchange controls to prevent such monetary flows. The activity of Aquitaine’s mints and the exchange rates between the livre bordelaise, the principal Gascon currency, the pound sterling, and livre tournois all show the deleterious effects of exogenous shocks, particularly war and plague, on the financial links between England and Aquitaine.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-030-34536-5_4

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DOI: 10.1007/978-3-030-34536-5_4

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