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For a very long time, the areas available for continuous long-distance trade were limited to territories the size of Braudel's Mediterranée (1949). Whatever the commercial organizations (merchants in the Roman or the Fatimid Empires, the Hanseatic League, the Florentine Companies), their trade...
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This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …
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Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...
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), trade resistance factors on the EU import side can be explained mainly by slow growth in Europe in the first half of the … nineties rather than by SMP-induced trade barriers. Concerning integration widening toward Central and Eastern Europe (CEE … of the Europe Agreements. As trade overlaps between Asian and CEE supply on EU markets are low, the trade diversion fear …
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