LIST OF ILLUSTRATIONS
PREFACE

GENERAL INTRODUCTION
The question at stake
Possible answers
Political institutions
Mentality
Economic factors
'Urban systems and state formation
The approach of this book
The structure of this book

PART ONE The development of the fiscal system of the Dutch Republic

Introduction: a new state
0.1 The Union of Utrecht: the start of a new state?
0.2 Historical backgrounds and institutional characteristics
From Revolt to Republic
The institutional legacy of the Habsburgs
The States General, Holland, the Council of State and the stadholder
The fiscal articles of the Union of Utrecht
0.3 The concept 'public finance of the Dutch Republic, the data and the estimates
Public finance of and in the Dutch Republic
The reliability of data and estimates

1. Financing the first phase of the revolt against Spain (1566-1572)
1.1 Calvinist donations and the credit of the Prince of Orange
1.2 A prince in search of new sources of finance
1.3 The first financial decisions of the 'free States of Holland
1.4 Conclusion

2. From under-taxed part of an empire to heavily taxed republi
2.1 Holland and the Spanish Empire
Hollands fiscal system under the Habsburgs
Alvas attempt at centralization
Castiles fiscal system
2.2 The development of Hollands fiscal system until 1609
The increasing amounts needed for the war
Hollands 'tax revolution
Direct and indirect taxes
The tax burden before and after the Revolt
Loans as a source of revenue: 'short term obligations and long term annuities
Hollands 'real financial revolution
Hollands fiscal system at the start of the Twelve Years Truce
2.3 The other provinces
The importance of Zeeland
The 'general means and the States General
The 'general means and the provinces: urban resistance and urban acceptance
The 'quotas-system and the fiscal performance of the provinces
2.4 The financial scope of the 'Generality
Former royal domains and other confiscated property as sources of public revenue
Foreign financial support
Generality taxes
Generality-loans
Privateers booty and customs ('convooien en licenten)
2.5 Conclusion

3. Public finance of the Dutch Republic in the 17th and 18 th centuries
3.1 The increasing public expenditure of the Dutch Republic
War expenditure
Debt service
Other public expenditure
3.2 The resilience of the provincial revenue systems
The 'institutional structure of the public revenue of the Republic
The 'social-economic structure of the public revenue of the provinces
Price-increasing taxes on general consumption and tax riots
Price-increasing indirect taxes on 'luxury consumption
The increasing role of direct taxation
The 'tax morale of Dutch citizens
The tax burden in Holland and in Overijssel
'Capital or 'coercion: the role of loans in Dutch war finance
A comparison with the centralized tax system of 1807
3.3 Conclusion

PART TWO The fiscal system of the Dutch Republic in international comparative perspective

Introduction

4. A comparison with the Venetian Republic
4.1 Common characteristics and long term differences
Much in common
Differing long term domestic developments
Another maritime state and its 'Year of Disaster
4.2 'Survive and prosper on the cheap
The structure of public expenditure
A 'peaceful republic and an 'expenditure bottom?
4.3 Taxation in a centralized and a federal urbanized republic
Differences in public revenue and in wealth
The fiscal contributions of 'centre and 'periphery in the two republics
4.4 Differing debt developments
'Mountains of debt, forced loans and 'citizenship
Voluntary loans based on trust and private interest
Debt sizes, interest burdens and interest rates
Public banks and public loans in both republics
4.5 Conclusion

5. A comparison with Great Britain
5.1 The comparability of Britain and the Netherlands
5.2 National public finance: a long term perspective
5.3 Public expenditure in two maritime states
Total public expenditure before and after c. 1690
A comparison of military expenditure before 1688
The structure of Dutch and British public expenditure since c. 1690
5.4 Public revenue in two commercial states
Total public revenue compared
Non-parliamentary and parliamentary taxation
Customs in a large monarchy and a small republic
Indirect taxation, urbanization and centralization
The EIC, the VOC and public revenue
5.5 A comparison of loan financing and public debt
Foreign merchants and the kings subjects versus cities and citizens
Downing and the Dutch example
'1672 in Britain
The long road of Britains 'financial revolution
A quantitative comparison of the British and the Dutch public debt
5.6 Conclusion

6. A comparison with the Ottoman Empire
6.1 Two incomparable states
Why was Ottoman public revenue so low?
6.2 Contrastive long term trajectories of state formation
Contrasting population developments
Contrasting patterns of land use
'State-driven versus 'economy-driven urbanization trajectories
The consequences for public finance of different urbanization trajectories
6.3 A quantitative comparison of public revenue
The extremely low level of state revenue in the Ottoman Empire
The marginal importance of domestic indirect taxation
'Coin clipping as a source of public revenue
6.4 Deficits, 'advance payments, advances and debt
Iltizam
The malikane-system
The esham-system
Public debts and the interest prohibition
6.5 Conclusion

GENERAL CONCLUSION
Epilogue

APPENDIX: The taxes in the Dutch Republic
ABBREVIATIONS
PRIMARY SOURCES AND DATABASES
REFERENCES
INDEX