First published in 1999, this volume surveys economic theories of political mechanisms as well as political theories of the influence of the institutional context in which decisions about social economic policies are being made. In the first half of the seventeenth century the Dutch Republic emerged as one of Europe's leading maritime powers. The political and military leadership of this small country was based on large-scale borrowing from an increasingly wealthy middle-class of merchants, manufacturers and regents This volume presents the first comprehensive account of the political economy of the Dutch republic from the sixteenth to the early nineteenth century. Building on earlier scholarship and extensive new evidence it tackles two main issues: the effect of political revolution on property rights and public finance, and the ability of the nation to renegotiate issues of taxation and government borrowing in changing political circumstances.
Table of Contents
1. Models of Political Economic Interaction. 2. Partisan Politics in the Dutch Economy. 3. Electoral Politics in the Dutch Economy. 4. Institutional Interaction in the Netherlands.
’...very good...the book offers a fresh interpretation of how The Netherlands overcame the Dutch disease of the 1970s, experienced a job-miracle in the 1980s and 1990s, and is now praised by many politicians and policy makers around the world as a positive example of the third way’.’ Anton Hemerijcl, Erasmus University, The Netherlands ’Ideas are again fashion in the social services...mechanistic modes of the world are seen to be too simple and unable to appreciate the human potential fro creativity...the book is a useful resource for anyone interested in a quick summary of Dutch political economy, or for a good survey of the literature on political economy.’ Journal of Public Policy