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Transferring Wealth and Power from the Old to the New World: Monetary and Fiscal Institutions in the 17th through the 19th Centuries (Studies in Macroeconomic History)
 
 
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Transferring Wealth and Power from the Old to the New World: Monetary and Fiscal Institutions in the 17th through the 19th Centuries (Studies in Macroeconomic History) [Hardcover]

Michael D. Bordo (Editor), Roberto Cortés-Conde (Editor)

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Book Description

0521773059 978-0521773058 October 8, 2001 1
This book is a collection of articles by eminent economic historians from five European colonial powers and from six New World countries. The articles focus on the legacy of the Old World fiscal institutions (taxes and expenditures) and monetary institutions (currency and banking) for the New World from the seventeenth to the nineteenth century. Did the success or failure of the New World's institutions in the independent countries reflect the foundations and the flaws of the former colonial masters or adaptation to the new environment?

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Editorial Reviews

Review

"I found this book to be useful as a broad guide to the fiscal and monetary institutions of a large number of nations over a considerable time period." Economic History

"...important and timely collection... each contributor provides a wealth of statistical data and cogent, generally well-written analyses informed by sound economic theories. Furthermore, the editors and commentators have done an excellent job of selecting, summarizing, and evaluating the case studies... this important work should be read by business, economic, and legal historians, and macroeconomists, political economists, and policymakers, both public and corporate." Robin E. Wright, International Journal of Business History

"Business historians should make extensive use of the volume..." Autumn 2002

"This book is worth reading for its historical value, especially for those interested in teh development of particular countries." - Review of Political Economy Oren M. Levin-Waldman, Metropolitan College of New York

Book Description

This book is a collection of articles by eminent economic historians from the five European colonial powers and from six New World countries. The articles focus on the legacy of the Old World fiscal institutions (taxes and expenditures) and monetary institutions (currency and banking) for the New World from the seventeenth to the nineteenth century. Did the success or failure of the New World's institutions in the independent countries reflect the foundations and the flaws of the former colonial masters or adaptation to the new environment?

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Inside This Book (learn more)
First Sentence:
The chapters in this collection examine the factors that allowed efficient fiscal and monetary institutions to develop in some countries at certain moments in time, while in others such development turned out to be unsuccessful. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
potential survival probability, incumbent ruling elite, actual survival probability, proprietary state, plantation loans, coffee provinces, vales reales, bimetallic ratio, puertos secos, fiat paper money, domain revenues, tobacco contract, papel sellado, million reales, pesos fuertes, specie standard, regional treasuries, gold coined, real tax revenues, indian tribute, mining taxes, restoration war, silver pesos, paper money issues, partial default
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Buenos Aires, New Granada, New World, New York, Rio de Janeiro, Cambridge University Press, Great Britain, New Spain, Journal of Economic History, Latin America, Rio de la Plata, Upper Canada, Lower Canada, Bank of England, Spanish Empire, Old World, New France, Bourbon Mexico, Middle Ages, New Netherlands, Sao Paulo, Appendix Table, Bank of Lisbon, Clarendon Press
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