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Questioning Credible Commitment: Perspectives on the Rise of Financial Capitalism

Questioning Credible Commitment: Perspectives on the Rise of Financial Capitalism

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  • More about Questioning Credible Commitment: Perspectives on the Rise of Financial Capitalism

Format: Paperback / softback
Length: 304 pages
Publication date: 19 February 2026
Publisher: Cambridge University Press

Provides academics and practitioners with a broader understanding of the origins of financial capitalism. A specially commissioned group of historians and economists examine and challenge North and Weingast's (1989) 'credible commitment' thesis and show that parliamentary backing of public finance alone is insufficient to create confidence in a state's credit-worthiness.

Weight: 440g
ISBN-13: 9781009679688

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