Asientos as sinews of war in the composite superpower of the 16th century
Carlos Alvarez-Nogal
(1)
,
Christophe Chamley
(2, 3, 4)
Carlos Alvarez-Nogal
- Fonction : Auteur
- PersonId : 1227473
- ORCID : 0000-0002-0175-597X
- IdRef : 050722964
Christophe Chamley
- Fonction : Auteur
- PersonId : 1373011
Résumé
The full analysis of the text of a contract, asiento, between Philip II of Spain and a Genoese merchant–banker details how in this pre-modern composite state, merchant–bankers acted as agents of the Crown who gathered many scattered sources of income to the Crown and transformed them into large and regular cash flows, mesadas, for the army. Because of the uncertain availability of these sources, the contract provided flexibility to both parties and legal assistance to the banker who reported to accountants for audit and, if necessary, the charge of an interest at about 1 percent per month.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Asientos as sinews of war in the composite superpower of the 16th century
|
Résumé |
en
The full analysis of the text of a contract, asiento, between Philip II of Spain and a Genoese merchant–banker details how in this pre-modern composite state, merchant–bankers acted as agents of the Crown who gathered many scattered sources of income to the Crown and transformed them into large and regular cash flows, mesadas, for the army. Because of the uncertain availability of these sources, the contract provided flexibility to both parties and legal assistance to the banker who reported to accountants for audit and, if necessary, the charge of an interest at about 1 percent per month.
|
Auteur(s) |
Carlos Alvarez-Nogal
1
, Christophe Chamley
2, 3, 4
1
UC3M -
Universidad Carlos III de Madrid [Madrid]
( 45695 )
- Calle Madrid 126, 28903 Getafe, Madrid
- Espagne
2
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
3
PJSE -
Paris Jourdan Sciences Economiques
( 578027 )
- 48 boulevard Jourdan 75014 Paris
- France
4
BU -
Boston University [Boston]
( 63395 )
- One Silber Way, Boston, MA 02215
- États-Unis
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2021-04
|
Public visé |
Scientifique
|
Domaine(s) |
|
DOI | 10.1093/ereh/heaa029 |
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