Towards the Institutionalisation of Credit

D'Maris Coffman ()

A chapter in Financing in Europe, 2018, pp 347-353 from Palgrave Macmillan

Abstract: Abstract The chapters in this volume have shown the continuing importance of informal credit relations and non-bank financial intermediation in Europe from the middle ages to modern times. The advent of jointstock banking owed more to the demands of sovereign states for more reliable forms of war finance than it did to the needs of mercantile communities, which were already well-served by a varied range of lenders. Industrialization and the diminishing importance of guilds may have facilitated institutionalization of credit, but alternative sources of finance have remained significant throughout the period and have re-asserted themselves in recent years. These chapters serve to illustrate the varied geographical, chronological, methodological, and intellectual reach of the New Financial History, a global movement which is particularly strong in Britain, America, France, Spain, and especially Italy.

Keywords: Joint-stock Banks; Financial History; Payday Lenders; Great Financial Crisis; London Livery Companies (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-58493-5_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319584935

DOI: 10.1007/978-3-319-58493-5_14

Access Statistics for this chapter

More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().