Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Prosperity in Medieval Ragusa: Why Institutions Always “Mattered” in Dubrovnik

Oleh Havrylyshyn

0/5 ( ratings)

The medieval Republic of Ragusa was a prosperous economy that outperformed its Dalmatian rivals . It enjoyed a period of quick economic development in the 15th and 16th centuries. This study collects together evidence on how Ragusa compared to other economies of the region, and addresses the difficult task of looking at the reasons behind its success.

Drawing on a vast amount of secondary literature, the authors use data to support their historical study of Ragusa. They provide a close analysis of its economic evolution, in particular looking at its policies and institutions. The authors, using the perspective of New Institutional Economics , test a number of hypotheses on the determinants of success. The authors argue that Ragusa exhibits the characteristics of an a 'Tiger' economy with growth-promoting institutions. Their findings reveal evidence which suggests that Ragusa had strong fundamentals with prudent finances, effective rule of law, good governance, social fairness, business-friendly institutions, and trade openness.

This text offers a comprehensive historical case study of Ragusa's economy, making it essential reading for scholars and researchers of economic history and theory.

Pages: 256

Format: Hardcover

Publisher: Palgrave Macmillan

Release: December 10, 2014

ISBN: 1137339772

ISBN 13: 9781137339775

Prosperity in Medieval Ragusa: Why Institutions Always “Mattered” in Dubrovnik

Oleh Havrylyshyn

0/5 ( ratings)

The medieval Republic of Ragusa was a prosperous economy that outperformed its Dalmatian rivals . It enjoyed a period of quick economic development in the 15th and 16th centuries. This study collects together evidence on how Ragusa compared to other economies of the region, and addresses the difficult task of looking at the reasons behind its success.

Drawing on a vast amount of secondary literature, the authors use data to support their historical study of Ragusa. They provide a close analysis of its economic evolution, in particular looking at its policies and institutions. The authors, using the perspective of New Institutional Economics , test a number of hypotheses on the determinants of success. The authors argue that Ragusa exhibits the characteristics of an a 'Tiger' economy with growth-promoting institutions. Their findings reveal evidence which suggests that Ragusa had strong fundamentals with prudent finances, effective rule of law, good governance, social fairness, business-friendly institutions, and trade openness.

This text offers a comprehensive historical case study of Ragusa's economy, making it essential reading for scholars and researchers of economic history and theory.

Pages: 256

Format: Hardcover

Publisher: Palgrave Macmillan

Release: December 10, 2014

ISBN: 1137339772

ISBN 13: 9781137339775

More books from Oleh Havrylyshyn

Divergent Paths in Post-Communist Transformation: Capitalism for All or Capitalism for the Few?

A Decade of Transition: Achievements and Challenges

From Soviet Disunion to Eastern Economic Community (Policy Analyses in International Economics) (Policy Analyses in International Economics)

Present at the Transition: An Inside Look at the Role of History, Politics, and Personalities in Post-Communist Countries

The Political Economy of Independent Ukraine: Slow Starts, False Starts, and a Last Chance? (Studies in Economic Transition)

Return to Growth in Cis Countries: Monetary Policy and Macroeconomic Framework

Present at the Transition: An Inside Look at the Role of History, Politics, and Personalities in Post-Communist Countries

A Global Integration Strategy For The Mediterranean Countries: Open Trade And Market Reforms

The Palgrave Handbook of Comparative Economics

Tax Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union

Return to Growth in CIS Countries: Monetary Policy and Macroeconomic Framework

Rate this book!

Write a review?