‘Impending Ruin’ or ‘Remarkable Wealth’? The Role of Private Credit Markets in the 18th-Century Cape Colony
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Southern African Studies"
DOI: 10.1080/03057070.2018.1403218
Abstract: Credit markets develop hand in hand with a market economy. Pre-industrial credit markets, like credit (and capital) markets today, developed in order to smooth consumption, ease trade, and enable long-term investment. Yet in the 18th-century… read more here.
Keywords: credit; 18th century; colony; cape colony ... See more keywords