What lessons for economic development can we draw from the Champagne fairs?

Arbeitspapier

The medieval Champagne fairs are widely used to draw lessons about the institutional basis for long-distance impersonal exchange. This paper re-examines the causes of the outstanding success of the Champagne fairs in mediating international trade, the timing and causes of the fairs' decline, and the institutions for securing property rights and enforcing contracts at the fairs. It finds that contract enforcement at the fairs did not take the form of private-order or corporative mechanisms, but was provided by public institutions. More generally, the success and decline of the Champagne fairs depended crucially on the policies adopted by the public authorities.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 3438

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic History: Government, War, Law, International Relations, and Regulation: Europe: Pre-1913 ; Economic History: Transport, Trade, Energy, Technology, and Other Services: Europe: Pre-1913 ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
• Thema: legal system ; medieval Europe ; trade ; private-order institutions ; community ; responsibility system ; Außenhandelsgeschichte ; Messe ; Vertrag ; Rechtsordnung ; Institutionalismus ; Mittelalter ; Westeuropa

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Edwards, Jeremy ; Ogilvie, Sheilagh
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2011

Weitere Informationen

• Handle: http://hdl.handle.net/10419/46517
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ