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Questioning Credible Commitment

By: D'Maris (University of Cambridge) Coffman (Author) , Adrian (University of Cambridge) Leonard (Author) , Urbana-Champaign) Neal Larry (University of Illinois (Author)

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Ksh 19,900.00

Format: Hardback or Cased Book

ISBN-13: 9781107039018

Publisher: Cambridge University Press

Publication Date: Sep 12th, 2013

Weight: 548 grams

Dimension: 15.90 x 23.50 x 2.00 cms

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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.

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