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Çalkantılı Zamanlarda Finansal Yeniliklerin ve Kurumların Yükselişi: Ortaçağ Floransa’sı Vakası

Year 2016, Issue: 619, 25 - 33, 01.09.2016

Abstract

Dünya iktisadi tarihinde çok bir önemli şehir devleti olan Ortaçağ Floransa’sı, finansal gelişme ile ilgili de ilginç bir vaka örneğidir. Floransa,Ortaçağ’da yünlü üretiminde de çok önemli bir yere sahip bulunmaktadır. Ancak, 14. Yüzyılın ortalarından itibaren, yünlü sanayisi ile ilgili gerileme emareleri gözlenmektedir. Floransa, aynı zamanda, Avrupa finansal ağlarında önemli bir aktör konumundadır. Yünlü sanayinin gerilemesi bağlamında bir tür finansallaşma süreci, Marks (1960) ve Arrighi (2010) gibi bazı yazarlar tarafından açıklayıcı olarak önerilmekle birlikte, zamanının kurumsal ve ekonomi-politik yapısı da Floransa’nın finansal alandaki ilerlemesinin arkasındaki neden olabilir. Bir takım yeni finansal kurumlar, şehrin ihtiyaçları doğrultusunda geliştirilmiştir. Bu kurumlar ve uygulamalarda şehrin kültürel özelliklerinin izleri de görülmektedir

References

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  • Revolution”, Journal of Law and Economics, 36(2), October, pp.671-702. İNALCIK, Halil; (1994), “The Ottoman State, Economy and Society,1300-1600”, in Halil İNALCIL and Donald QUATAERT
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  • WATT, W.Montgomery ;(2013), İslamın Ortaçağ Avrupası Üzer- indeki Etkisi, BilgeSu,Ankara.
  • SAKELLARIOU, Eleni; (2012), Southern Italy in the Late Mid- dle Ages:Demographic, Institutional and Economic Change in the Kingdom of Naples C.1440-C.1530, Brill,Leiden.
  • KIRSHNER, Julius; (2015), Marriage, Dowry and Citizenship in Late Medieval Renaissance Italy, University of Toronto Press,Toronto.
  • ARRIGHI, Giovanni; (2010), The Long Twentieth Century:Money, Power and the Origins of Our Times, Verso,London.

The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic

Year 2016, Issue: 619, 25 - 33, 01.09.2016

Abstract

Medieval Florence, a city-state which has significant importance in the economic history of the world, is also an interesting case when it comes to financial development. This city state, had a prominent place in the production of wool in the medieval world. But later on in the mids of the 14th century, its wool industry began to decline. The city-state was also an important actor in financial networks of Europe. As some kind of financialization process was suggested by authors such as Marks(1960) and Arrighi (2010) as an explanation to the deindustrialization of the city-state; the institutional and political economic landscape of the time may also be effective in the financial development of Florence. Innovative financial institutions were developed in line with the needs of the city-state which also reflect its cultural traits

References

  • PEZZOLO, Luciano; (2007), “Government Debts and Credit
  • Markets in Renaissance Italy”, University of Venice Department of Economics Working Paper,No.05. GOLDTHWAITE, Richard A.; (1980), The Building of Renais- sance Florence: An Economic and Social History, Baltimore, JHU Press.
  • FRATIANNI, Michele; (2009), “The Evolutionary Chain of In- ternational Financial Centers”, Pietro ALESSANDRINI, Michele
  • FRATIANNI, Alberto ZAZZARO (Eds.), The Changing Geogra- phy of Banking and Finance, Springer U.S., pp.251-276. SPUFFORD, Peter; (2014), “The Provision of Stable Moneys by Florence and Venice, and North Italian Financial Innovations in the Renaissance Period”, Peter BERNHOLZ and Roland
  • VAUBEL (Ed.), Explaining Monetary and Financial Innovation, Financial and Monetary Policy Studies 39, Springer Interna- tional Publishing, Switzerland, pp.227-251. ACEMOGLU, Daron, Simon JOHNSON and James ROBIN- SON;(2004), “Institutions as the Fundamental Cause of Long
  • Run Growth”, Philippe AGHION and Steven DURLAUF(Ed.), Handbook of Economic Growth IA, Elsevier,Amsterdam, pp.385-472
  • ARRIGHI, Giovanni; (2000), Uzun Yirminci Yüzyıl:Para, Güç ve Çağımızın Kökenleri,İmge,Ankara.
  • BABINGER, Franz; (2003), Fatih Sultan Mehmet ve Zamanı
  • Çev.: Dost Körpe,Oğlak Yayınları,İstanbul. BRAUDEL, Fernand; (1985), Civilisation and Capitalism 15th- th Century Vol I: Structures of Everyday Life The Limits of the Possible, William Collins and Sons,London.
  • BRAUDEL, Fernand; (1984), Civilisation and Capitalism 15th- th Century Vol III:The Perspective of the World,William Col- lins and Sons,London.
  • BRAUDEL, Fernand; (1994), II. Felipe Döneminde Akdeniz ve Akdeniz Dünyası:1, İmge Kitabevi,Ankara.
  • BRAUDEL, Fernand; (2004), Maddi Uygarlık: Mübadele Oyunları, İmge Kitabevi,Ankara. BRAUDEL, Fernand; (1985), La Dynamique de Capitalisme, Flammarion, Paris.
  • CAMERON, Rondo and Larry NEAL; (2003), A Concise Eco- nomic History of the World, Oxford University Press,Oxford.
  • DAY, Clive; (1938), A History of Commerce, Longman,London.
  • GOLDTHWAITE, Richard A.; (2009), The Economy of Renas- siance Florence, The John Hopkins University Press,Baltimore.
  • İNALCIK, Halil; (1996), Osmanlı İmparatorluğu, Toplum ve Ekonomi, Eren Yayınevi,İstanbul.
  • İNALCIK, Halil; (2000), Osmanlı İmparatorluğu’nun Ekonomik ve Sosyal Tarihi, Cilt 1-2 ,Eren Yayınevi,İstanbul.
  • KOHN, Meir; (1999), “Merchant Banking in the Medieval and Early Modern Economy”, Dartmouth College Department of
  • Economics Working Paper, No.99-05. PADGETT, John. F. and Paul D. McLEAN; (2011), “Economic
  • Credit in Renaissance Florence”, The Journal of Modern His- tory,83(1), March, pp.1-47. PADGETT, John. F. and Walter W. POWELL; (2012), The Emergence of Organizations and Markets, Princeton Univer- sity Press,Princeton.
  • SCHEVILL, Ferdinand; (1961), History of Florence: from the Founding of the City through the Renaissance, Frederick Un- gar Publishing Co.,New York.
  • WALLERSTEIN, Immanuel; (2012), Modern Dünya Sistemi I, Yarın,İstanbul.
  • PADGETT, John. F. and Christopher K. ANSELL; (1993), “Ro- bust Action and the Rise of the Medici,1400-1434”, American Journal of Sociology,98(6), May, pp.1259-1319.
  • FRATIANNI, Michele and Franco SPINELLI; (2006), “Italian
  • City-States and Financial Evolution”, European Review of Eco- nomic History,3, December, pp.257-278. MOLHO, Anthony;(1995), ”The State and Public Finance: A Hy- pothesis Based on the History of the Late Medieval Florence”
  • The Journal of Modern History,67,pp.97-135. KIRSHNER, Julius and Anthony MOLHO; (1978), “The Dowry
  • Fund and the Marriage Market in Early Quattrocento Florence”, The Journal of Modern History, 50(3), September, pp.403-438. NAJEMY, John M.; (2006), A History of Florence 1200-1575
  • Blackwell Publishing,Signapore. LAPIDUS, Ira M.; (1984), Muslim Cities in the Later Middle
  • Ages, Cambridge University Press, Cambridge. ACEMOGLU, Daron and James ROBINSON; (2012), Why Na- tions Fail:The Origins of Power, Prosoerity, and Poverty, Crown Business, New York.
  • SCHEVILL, Ferdinand. (1960). The Medici, Harper Torch Books, New York.
  • MARKS, Louis F; (1960), “The Financial Oligarchy in Flor- ence under Lorenzo” in Ernest Fraser JACOB (Ed.), Italian
  • Renaissance Studies: A Tribute to the Late Cecilia M. Ady, Faber&Faber, London, pp.123-147. DE LONG, J. Bradford and Andrei SHLEIFER; (1993), “Princ- es and Merchants: European City Growth before the Industrial
  • Revolution”, Journal of Law and Economics, 36(2), October, pp.671-702. İNALCIK, Halil; (1994), “The Ottoman State, Economy and Society,1300-1600”, in Halil İNALCIL and Donald QUATAERT
  • (Ed.), An Economic and Social History of the Ottoman Em- pire:1300-1914, Cambridge University Press,Cambridge, pp.9
  • BRUCKER, Gene; (1983), Renaissance Florence, :University of California Press,Berkeley.
  • WATT, W.Montgomery ;(2013), İslamın Ortaçağ Avrupası Üzer- indeki Etkisi, BilgeSu,Ankara.
  • SAKELLARIOU, Eleni; (2012), Southern Italy in the Late Mid- dle Ages:Demographic, Institutional and Economic Change in the Kingdom of Naples C.1440-C.1530, Brill,Leiden.
  • KIRSHNER, Julius; (2015), Marriage, Dowry and Citizenship in Late Medieval Renaissance Italy, University of Toronto Press,Toronto.
  • ARRIGHI, Giovanni; (2010), The Long Twentieth Century:Money, Power and the Origins of Our Times, Verso,London.
There are 39 citations in total.

Details

Primary Language English
Journal Section Research Article
Authors

Görkem Bahtiyar This is me

Emin Ertürk This is me

Publication Date September 1, 2016
Published in Issue Year 2016 Issue: 619

Cite

APA Bahtiyar, G., & Ertürk, E. (2016). The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic. Finans Politik Ve Ekonomik Yorumlar(619), 25-33.
AMA Bahtiyar G, Ertürk E. The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic. FPEYD. September 2016;(619):25-33.
Chicago Bahtiyar, Görkem, and Emin Ertürk. “The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a City-State Which Has Significant Importance in the Economic”. Finans Politik Ve Ekonomik Yorumlar, no. 619 (September 2016): 25-33.
EndNote Bahtiyar G, Ertürk E (September 1, 2016) The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic. Finans Politik ve Ekonomik Yorumlar 619 25–33.
IEEE G. Bahtiyar and E. Ertürk, “The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic”, FPEYD, no. 619, pp. 25–33, September 2016.
ISNAD Bahtiyar, Görkem - Ertürk, Emin. “The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a City-State Which Has Significant Importance in the Economic”. Finans Politik ve Ekonomik Yorumlar 619 (September 2016), 25-33.
JAMA Bahtiyar G, Ertürk E. The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic. FPEYD. 2016;:25–33.
MLA Bahtiyar, Görkem and Emin Ertürk. “The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a City-State Which Has Significant Importance in the Economic”. Finans Politik Ve Ekonomik Yorumlar, no. 619, 2016, pp. 25-33.
Vancouver Bahtiyar G, Ertürk E. The Emergence of Financial Innovations and Institutions During Turbulent Times:The Case of Medieval Florence Abstract Medieval Florence, a city-state which has significant importance in the economic. FPEYD. 2016(619):25-33.