Bücher der Reihe Palgrave Studies in the History of Finance

While there is an extensive historiography which explores English agriculture in the nineteenth century, there has been less attention paid to individual estates and in particular the role of the land agent within their management, administration and participation in rural community relationships.

This book examines the politics of taxation in Ireland between the seventeenth and twenty-first centuries. Combining political, economic, and policy history, it contributes to a growing interdisciplinary literature on public finance, while also providing context for the ongoing debate on taxation and austerity in post-Celtic Tiger Ireland.

This book offers 14 contributions that examine key questions in bank decision-taking,constitution of confidence in banks and risk management practices from Early Modernity to the twentieth century.

The international financial crisis of 2007-08 and the ensuing scandals continue to raise important debates about the role of institutions in maintaining trust and fighting corruption, as well as in sustaining economic growth and political stability in a globalized world.

This world was increasingly challenged in the interwar period, being replaced by floating exchange rates, trade protectionism and restrictions on capital movements.This book fills a gap in the historiography of British banking by recovering the histories of long-forgotten merchant banks rather than focusing on the better-known firms.

Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions.

Jacob Henry Schiff (1847-1920), a German-born American Jewish banker, facilitated critical loans for Japan in the early twentieth century. This book's analysis differs from the consensus that Schiff funded Japan largely out of enmity towards Russia but rather sought to work with Japan for over thirty years.

This book provides a historical understanding of current debates over tax reform and offers a comparative framework for discussing the relationship between fiscal policy and the distribution of income and wealth. the impact of globalization on tax and fiscal policy; and the political economy of tax and fiscal reform.

This book provides a thorough review of early English land taxes of the seventeenth and early eighteenth centuries.

To highlight both the achievements of the public banks of Naples and their lessons for financial resiliency, the book focuses on financial crises and how they were overcome in Naples in contrast to other European financial systems. The first section focuses on the development of the public banks unique to Naples.

This book charts the contributions made to the development of the late medieval English economy by enterprise, money, and credit in a period which saw its major export trade in wool, which earned most of its money-supply, suffer from prolonged periods of warfare, high taxation, adverse weather, and mortality of sheep.

Nowadays remembered mostly through Adam Smith¿s references to the short-lived Ayr Bank in the Wealth of Nations, the 1772-3 financial crisis was an important historical episode in its own right, taking place during a pivotal period in the development of financial capitalism and coinciding with the start of the traditional industrialisation narrative. It was also one of the earliest purely financial crises occurring in peacetime, and its progress showed an impressive geographical reach, involving England, Scotland, the Netherlands and the North American colonies. This book uses a variety of previously unpublished archival sources to question the bubble narrative usually associated with this crisis, and to identify the mechanisms of financial contagion that allowed the failure of a small private bank in London to cause rapid and severe distress throughout the 18th century financial system. It re-examines the short and turbulent career of the Ayr Bank, and concludes that its failure was the result of cavalier liability management akin to that of Northern Rock in 2007, rather than the poor asset quality alleged in existing literature. It furthermore argues that the Bank of England¿s prompt efforts to contain the crisis are evidence of a Lender of Last Resort in action, some thirty years before the classical formulation of the concept by Henry Thornton.

This volume investigates the use of mortgages in the European countryside between the thirteenth and eighteenth centuries. A mortgage allowed a loan to be secured with land or other property, and the practice has been linked to the transformation of the agrarian economy that paved the way for modern economic growth. Historians have viewed the mortgage both positively and negatively: on the one hand, it provided borrowers with opportunities for investment in agriculture; but equally, it exposed them to the risk of losing their mortgaged property. The case studies presented in this volume reveal the variety of forms that the mortgage took, and show how an intricate balance was struck between the interests of the borrower looking for funds, and those of the lender looking for security. It is argued that the character of mortgage law, and the nature of rights in land in operation in any given the place and period, determined the degree to which mortgages were employed. Over time, developments in these factors allowed increasing numbers of peasants to use mortgages more freely, and with a decreasing risk of expropriation. This volume will be appealing to academics and researchers interested in financial history, rural credit and debt, and the economic history of agrarian communities.

This book offers 14 contributions that examine key questions in bank decision-taking,constitution of confidence in banks and risk management practices from Early Modernity to the twentieth century.

This book examines the changing reciprocal relationships between corporations and their various social obligations over the very long term - from the seventeenth to the twentieth century.

In all four cases, introducing international financial control over the finances of the debtor states became the prevalent form of dealing with defaults.

This book explores the evolution of credit and financing in Europe from the Middle Ages through to Modern Times.