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Monetary geography before the Industrial Revolution

  • Marc Flandreau
  • Christophe Galimard
  • Clemens Jobst
  • Pilar Nogués-Marco

In this article, we study Europe's monetary geography on the eve of the Industrial Revolution. Our unit of analysis is the city and we explore inter-city linkages. Important findings include a considerable degree of integration and multilateralism with monetary centres having already emerged as vehicles for international settlements, before the Industrial Revolution. Copyright 2009, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/cjres/rsp009
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Article provided by Cambridge Political Economy Society in its journal Cambridge Journal of Regions, Economy and Society.

Volume (Year): 2 (2009)
Issue (Month): 2 ()
Pages: 149-171

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Handle: RePEc:oup:cjrecs:v:2:y:2009:i:2:p:149-171
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  1. Flandreau, Marc & Jobst, Clemens, 2005. "The Ties that Divide. A Network Analysis of the International Monetary System," CEPR Discussion Papers 5129, C.E.P.R. Discussion Papers.
  2. Nicholas Crafts & Tony Venables, 2002. "Globalization in history: a geographical perspective," LSE Research Online Documents on Economics 2135, London School of Economics and Political Science, LSE Library.
  3. Flandreau, Marc & Galimard, Christophe & Jobst, Clemens & Nogues-Marco, Pilar, 2006. "The Bell Jar: Commercial Interest Rates between Two Revolutions, 1688-1789," CEPR Discussion Papers 5940, C.E.P.R. Discussion Papers.
  4. Marc Flandreau & Clemens Jobst, 2009. "The Empirics of International Currencies: Network Externalities, History and Persistence," Economic Journal, Royal Economic Society, vol. 119(537), pages 643-664, 04.
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