A Financial History of the Netherlands by Marjolein 't Hart, Joost Jonker, Jan Luiten van Zanden

By Marjolein 't Hart, Joost Jonker, Jan Luiten van Zanden

This e-book is the 1st complete review of Dutch monetary heritage from the 16th century to the current day. it's replete with information and figures drawn from clean examine for the major parts that made up our minds the advance of public finance, forex and banking. It offers a step by step description of the evolution of the monetary structures in a single of the pioneer nations of recent finance.

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By contrast, the inland provinces counted only some minor duties that did not exist in the maritime areas, such as a small duty upon the keeping of bees and sheep. With a lower degree of commerce and trade, funds were harder to get. In Overijssel, for example, the annual revenue averaged only 18,500 guilders in 1571-4. The major cities - Zwolle, Deventer and Kampen - staunchly blocked the introduction of general means. By the turn of the century, some new Overijssel taxes were introduced. 3). The overall picture of the distributions was always affected by the imposition of extraordinary, temporary taxes.

Not only were semi-direct taxes stepped up in the last quarter of the seventeenth century, the direct taxes were increased as well. The higher burden of direct taxation in Holland was achieved by having a regular extraordinary tax upon property introduced. This duty was to become recurrent in the eighteenth century, although the tax was still regarded as an extraordinary measure. A new register with the respective contributions for this property tax was introduced in 1654. Bonds and obligations were included as well.

Its quota ran at about 58 per cent. Although its share of the population was less (approximately 48 per cent of the northern Netherlands), such a contribution was not surprising in view of its prosperous development. 1 Contribution by province, 1616-1792 Source: Zwitzer 1991, p. 69. now came second as compared with a couple of decades earlier. Third came, again, seabound Zeeland. 5 per cent. A significant part of its territory, the Upper Quarter of Gelderland, was lost to the enemy. Yet this fact could not excuse the whole reduction.

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