MARC Record from harvard_bibliographic_metadata

LEADER: 02774cam a2200337I 4500
001 013395717-9
005 20121205152719.0
008 120322s2012 enk b 001 0 eng d
016 7 $a016110979$2Uk
020 $a9780199585076
020 $a0199585075
035 0 $aocn782105707
040 $aERASA$cERASA$dBTCTA$dUKMGB$dYDXCP$dYNK$dNLE$dUAT$dCDX$dBWX
043 $ae-fr---
050 4 $aDC126$b.R69 2012
082 04 $a940.2
100 1 $aRowlands, Guy.
245 14 $aThe financial decline of a great power :$bwar, influence, and money in Louis XIV's France /$cGuy Rowlands.
250 $a1st ed.
260 $aOxford :$bOxford University Press$c2012.
300 $axvii, 267 p. ;$c24 cm.
504 $aIncludes bibliographical references (p. [240]-245) and index.
520 8 $aThe financial humbling of a great power in any age demands explanation. In the War of the Spanish Succession (1701-14) Louis XIV's France had to fight way beyond its borders and the costs of war rose to unprecedented heights. With royal income falling as economic activity slowed down, the widening gap between revenue and expenditure led the government into a series of desperate expedients. Ever-larger quantities of credit, often obtained through fairly novel and poorly-understood financial instruments, were combined with ill-advised monetary manipulations. Moreover, through poor ministerial management the system of earmarking revenues for spending descended into chaos. All this forced up the cost of loans, foreign exchange, and military logistics as government contractors and bankers built the mounting risks into the price of their contracts and sought to profit from the situation.
505 0 $aThe strategic management of war and the financial chain of command. Geostrategy, international politics, and the burden of war, 1688-1714 ; The King, his ministers, and the direction of financial policy -- Raising money, finding money, making money: sourcing revenue in an age of crisis. Taxing to the hilt?: structural weakness and falling revenue ; Borrowing to the limit ; Manipulating the coinage ; Paper money and absolute monarchy -- The degeneration of military funding and the rising costs of war. The treasury of extraordinaire des guerres in the era of the Spanish succession ; The crisis of spending and appropriations in Louis XIV's personal rule ; The overdraft of war: short-term debt and military finance ; Rent-seeking in the military paymaster world.
600 00 $aLouis$bXIV,$cKing of France,$d1638-1715.
650 0 $aSpanish Succession, War of, 1701-1714$xEconomic aspects$zFrance.
651 0 $aFrance$xHistory$yLouis XIV, 1643-1715.
651 0 $aFrance$xEconomic conditions$y18th century.
899 $a415_565303
988 $a20121024
906 $0OCLC