This text focuses on a formative period in the development of the English economy.

Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. - Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years - Presents the way in which research on the topic has evolved - Scrutinizes the economic modeling of bargaining and legal issues - Useful for examining the theory and empirics of commercial policy

Preface -- Toward commercial order -- Foundations -- Neither angel nor beast -- The system of natural liberty -- The liberty of law -- Challenges -- The temptation of politics -- The dilemma of democracy -- Culture and the possibility of "non-spontaneous" commercial society.

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

The commercialisation of English society offers a major new interpretation of social and economic change in England over five centuries. By 1500 English livelihoods depended more upon money and commercial transactions than ever before; the institutional framework of markets had been transformed, and urban development was more pronounced. These changes were not, however, caused by any unilinear development of population, output or money supply. This pioneering study examines both institutional and economic transformation, and the social changes that resulted, and stresses the limited importance of formal trading institutions for the development of local trade. Commercial transition is throughout analysed from a broader perspective that looks at the changing power relations within medieval society (which might loosely be described as feudal), and considers how these relations were affected by such commercial development.