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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) by Michael D. Bordo, Roberto Cortés-Conde is a nonfiction available to read on EtoBox.
What is 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) about?
This book contains a collection of essays comparing the evolution of the fiscal and monetary regimes of the Old World colonial powers -England, France, Spain, Portugal, and the Netherlands -from the seventeenth through the nineteenth centuries with the experiences of several of their former colonies in the New World of the Americas: the United States, Canada, Mexico, Colombia, Brazil, and Argentina. The objective is to see how such fiscal and monetary institutions were modified or replaced by new ones. The case studies in the collection consider the experiences of the colonies after they became independent countries. The case studies also examine the factors that allowed efficient fiscal institutions to develop in some countries, while in others such development turned out to be unsuccessful. They consider the reasons some governments were able to live within their means and provide public goods, while for others expenditures frequently exceeded revenue, often leading to fiscal crises. On monetary issues, the collection considers the evolution of institutions designed to save on transaction costs, the extent and the manner in which sovereigns would resort to seigniorage, and the ef
Who reads 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)?
It is typically read by self-directed learners exploring a subject in depth.
Common subject areas: history, science, philosophy, social sciences.
- Author
- Michael D. Bordo, Roberto Cortés-Conde
- Publisher
- Cambridge University Press (Virtual Publishing)
- Published
- 2001
- Language
- EN
- ISBN
- 9780511664793
- Category
- nonfiction
- Subjects
- Economics, Business, History
