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Book chapter
English

Early Modern Financial Development in the Iberian Peninsula

PublisherCambridge University Press
Publication date2024-02-29
Abstract

Iberian colonies produced the vast majority of world precious metals in the Early Modern period, which increased liquidity in the Iberian Peninsula. In this paper we focus on the relationship between liquidity and financial development – including other relevant variables such as instruments and institutions – to examine the efficiency of the financial systems in Castile and Portugal.

eng
Keywords
  • Financial system
  • Public debt
  • Private credit market
  • Precious metals
  • Interest rates.
Citation (ISO format)
FREIRE COSTA, Leonor, MÜNCH MIRANDA, Susana, NOGUES-MARCO, Pilar. Early Modern Financial Development in the Iberian Peninsula. In: An Economic History of the Iberian Peninsula, 700–2000. [s.l.] : Cambridge University Press, 2024. p. 335–357. doi: 10.1017/9781108770217.015
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ISBN9781108770217
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