Name: Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation
Price: 57.25 EUR
Availability: InStock
Author: Ulf-Christian Ewert; Stephan Selzer
ISBN: 9783631661833

portada Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation

Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation

Type

Physical Book

Publisher

Peter Lang

Author

Ulf-Christian Ewert; Stephan Selzer

Year

2016

Language

English

Pages

195

Format

Hardcover

ISBN13

9783631661833

Synopsis "Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation "

The merchants of the medieval Hanse monopolised trade in the Baltic and North Sea areas. The authors describe the structure of their trade system in terms of network organisation and attempts to explain, on the grounds of institutional economics, the coordination of the merchants' commercial exchange by reputation, trust and culture. The institutional economics approach also allows for a comprehensive analysis of coordination problems arising between merchants, towns and the `Kontore'. Due to the simplicity and flexibility of network trade the Hansards could bridge the huge gap in economic development between the West and the East. In the changing economic conditions around 1500, however, exactly these characteristics proved to be a serious limit to further retain their trade monopoly.

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Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation - Ulf-Christian Ewert; Stephan Selzer

Synopsis "Institutions of Hanseatic Trade: Studies on the Political Economy of a Medieval Network Organisation "

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