Restoring trust and credit through innovative governance in 17th-century Amsterdam

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3 Citations (Scopus)

Abstract

This article explores the important connections between trust, credit, and innovative governance in seventeenth-century Amsterdam. It combines theoretical insights from both (legal) history and sociology to arrive at a broader understanding of the nature and functioning of trust between creditors and debtors. This article also moves beyond the existing literature, empirically testing the effect of innovative legal institutions on economic relations by means of case studies taken from the rich archives left behind by the Desolate Boedelskamer. Through the creation of systemic trust, innovative governance in the form of efficient insolvency legislation helped to restore good faith between creditors and debtors, strengthening both Amsterdam's economy and civic community.

Original languageEnglish
Pages (from-to)481-499
Number of pages19
JournalTijdschrift voor Rechtsgeschiedenis = The Legal History Review
Volume89
Issue number3-4
Publication statusPublished - Dec 2021

Keywords

  • Amsterdam
  • Bankruptcy
  • Credit
  • Dutch Golden Age
  • Good governance
  • Insolvency
  • Institutions
  • Trust

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