Volckart, Oliver 
ORCID: 0000-0001-7330-111X
(2002)
Central Europe's way to a market economy, 1000–1800.
European Review of Economic History, 6 (3).
pp. 309-337.
ISSN 1361-4916
Abstract
This article presents a model of the transformation of the Central European economy between the years 1000 and 1800. On the basis of assumptions about the social environment, the actors, and the relations between them, deductions are made that are compared to actual historical developments. The model explains why competitive markets emerged in the high Middle Ages, why anti-competitive corporations and states developed in the period up to the seventeenth century, and why institutions safeguarding market exchange began to be introduced in the course of the eighteenth century.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.cambridge.org/core/journals/european-r... |
| Additional Information: | © 2002 Cambridge University Press |
| Divisions: | Economic History |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HG Finance |
| Date Deposited: | 12 Oct 2017 14:18 |
| Last Modified: | 01 Nov 2024 05:15 |
| URI: | http://eprints.lse.ac.uk/id/eprint/84626 |
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