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London in the Later Middle AgesGovernment and People 1200-1500$
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Caroline M. Barron

Print publication date: 2004

Print ISBN-13: 9780199257775

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780199257775.001.0001

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The Economic Infrastructure

The Economic Infrastructure

Chapter:
(p.45) chapter three The Economic Infrastructure
Source:
London in the Later Middle Ages
Author(s):

Caroline M. Barron (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199257775.003.03

This chapter examines the ways in which the Londoners attempted to minimise the ‘transaction costs’ of doing business in the city and to attract merchants and traders from abroad and within England. This involved maintaining the Thames waterway and road access, providing civic quays and markets, and ensuring a good food supply and hostelries. The city also developed efficient courts to deal with mercantile disputes and facilities for credit transfers and debt collection. In these ways the citizens created an attractive commercial environment which lengthened London's economic lead over provincial cities.

Keywords:   London, Thames, civic quays, food supplies, markets, hostelries

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