Revolutions" in emerging markets that became economic and financial leaders (in parens, authors who have studied these matters) Lydia (Turkey now), 7th-6th centuries BCE Coinage (Croesus, a Lydian king, became "rich as ....") Italian city states, medieval and renaissance Institutions: deposit/discount/exchange banks, int'l merchant banks, pawn banks Instruments: deposits, loans, bills of exchange, marine insurance, state loans Dutch, mid 16th to early 17th centuries Elements of "Dutch Finance" (Neal…
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