The Organization of Long-Distance Trade in England and the Dutch Republic, 1550-1650

Организация дальней торговли в Англии и Нидерландской республике, 1550–1650 гг.
Oscar Gelderblom
2009-01-01

Dutch RepublicEnglandlong-distance trademerchant communitiesproperty confiscation
One could imagine a situation in which a ruler consistently confiscated the property One could imagine a situation in which a ruler consistently confiscated the property of merchants.However, unless a merchant community was completely atomized, such a regime would be very short-lived, for these merchants would simply avoid markets where arbitrary confiscation occurred.See
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Arbitrary confiscation of merchants’ property would drive merchants away from affected markets, making such a regime unsustainable.
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The abstract implies that credible protection of merchant property was central to organizing trade between England and the Dutch Republic from 1550 to 1650.
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The survival of long-distance trade depends on merchants’ ability to coordinate collectively rather than remaining completely atomized.

Long-distance trade in England and the Dutch Republic, 1550–1650

The organization and institutional conditions of long-distance trade, particularly how merchant communities respond to the risk of arbitrary confiscation by rulers

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2009-01-01
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Oscar Gelderblom
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