Academic literature on the topic 'Merchant capital'

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Journal articles on the topic "Merchant capital"

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Mardiana, Siska, and A. Annisarizki. "The Significance of Business Capital and Business Location Affects to The Merchants Income at Car Free Day Event." Proceeding of Community Development 2 (February 21, 2019): 362. http://dx.doi.org/10.30874/comdev.2018.367.

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The paper attempt to identify the determinants of merchant income in Indonesia framework using a questionnaire to examining about a business location and business capital effect on the income of merchants of the Cilegon Entrepreneur Association (Pawon) in Cilegon Car Free Day. The using approach is descriptive quantitative with the total population of 400 traders than by using slovin formula, resulting in a sample of 80 respondent, with the analysis used multiple linear regression analysis, with variable X1 that is business capital, variable X2 that is business location and variable Y that is merchant's income The result of this research is business capital has an effect to the merchant's income then business location has an effect on the merchant's income and jointly business capital and business location have an effect 43,1% to the merchant's income.
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Lapidus, Ira M., and Mahmood Ibrahim. "Merchant Capital and Islam." American Historical Review 97, no. 1 (February 1992): 257. http://dx.doi.org/10.2307/2164675.

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Zaman, Muhammad Q. "Merchant Capital and Islam." American Journal of Islam and Society 8, no. 3 (December 1, 1991): 557–61. http://dx.doi.org/10.35632/ajis.v8i3.2615.

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This book, based substantially on the author's doctoral dissertation(UCLA, 1981), presents an economic interpretation of the early history ofIslam. By studying the trends and consequences of pre-Islamic Makkah'scommercial activities, it seeks to bring out both the material bases of therise of Islam and the element of continuity between pre-Islamic Makkah andearly Islamic history.The author bases his work on the following postulate: the developmentof merchant capital in sixth-century Makkah allowed it to become the dominantpolitical and economic power in Arabia. The most successful wielder of thisstatus, the Banii Umayyah, eventually consolidated its position as the wielderof authority. The growth of commercial capitalism, which caused social transformations within Makkah and made the effective regulation of its externalrelations a necessity so as to safeguard its commercial interests, resulted inthe development of several institutions, such as sadaqah (charitable offerings),rifadah (support), siqayah (providing water to the pilgrims to Makkah), ilaf(a pact guaranteeing safety and safe-conduct), hums (those people inhabitingthe haram at the time of the Prophet’s appearance who observed rigorousreligious taboos), and hilf (confederacy). However, institutional developmentin Makkah proved inadequate to the demands created by rapid economicprogress.The resultant problems gradually formed the material basis which causedthe advent of Islam. Islam, in turn, sought to promote Makkah’s commercialcapitalism through, for example, the concept of a monotheistic God’s absoluteand everlasting authority, which solved the problems associated with thebreakdown of pre-Islamic Makkah’s tribal authority, and through its conceptof an ummah which transcended tribal barriers and made social and economicmobility possible ...
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Zadorozhnyaya, Olga A. "The trends in the formation of the elite of the merchant class of tobolsk province (the last quarter of the XVIII – first quarter of the XIX centuries)." Bulletin of Nizhnevartovsk State University 55, no. 3 (September 27, 2021): 96–105. http://dx.doi.org/10.36906/2311-4444/21-3/09.

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Merchants as the main subject of the business world of the Russian state in the last quarter of the 18th first part of the 19th centuries. was distinguished by ambiguity: on the one hand, its social status corresponded to national legislation, on the other hand, it was distinguished by regional characteristics. The subject of the research is the social gradation and the identification of the leading group of the merchant class of the Tobolsk province in the last quarter of the 18th first part of the 19th centuries: determining the principles of its separation and existence. The purpose of the article is to highlight the features of the group of hereditary merchants as the leading sub-class of the Tobolsk province (last quarter of the 18th first quarter of the 19th centuries) Methods. In preparing this work, we developed a research algorithm, which consisted in determining the total number of the merchant class of the Tobolsk province (610 separate surnames), which were divided using the historical-comparative method and the modeling method into separate social subgroups. Results: the research illustrates the heterogeneity of the guild merchants of the cities of the Tobolsk province in the last quarter of the 18th first part of the 19th centuries. as a participant in the business world of Western Siberia. Conclusions: There is traced the dependence of the social status of the merchant not so much on the size of the capital, but on the length of stay in the hereditary merchant. The Siberian merchant was distinguished in many ways by his isolation and practicality during his stay in the guild organization. At the same time, representatives of the leading sub-class preferred transit trade on the border with China or at all-Russian fairs. In this case, the merchant must be known both in his hometown and abroad for his commercial and social activities. Considering that the capital belonged to a merchant family, therefore, its members were distributed among various fields of activity. Thus, the trading class of the Tobolsk province had many common features, but due to internal gradation it was distinguished by fluidity, a clear division of responsibilities, and capital differentiation. Hereditary merchants represented a separate social subgroup, in which the title of merchant ... was preferred to everything in the world.
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Poettinger, Monika. "Etica mercantile e sviluppo economico." SOCIETÀ E STORIA, no. 125 (December 2009): 465–502. http://dx.doi.org/10.3280/ss2009-125004.

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- Up to the nineteenth century, merchants extended networks of subsidiaries, correspondents and investments world-wide, becoming a major trigger of innovation and economic development. To guarantee the functioning of their international merchant houses, they had to adhere to a strict moral code. The resulting "moral communities" diffused everywhere the "merchant´s liberty": working to fulfil oneself, striving to obtain economic independence and richness as social recognition. As the Ancien Régime neared its end, merchants were ready to economically and morally guide society into a new era. At the same time as many discussed the noblesse commerçante, though, philosophers and economists ridiculed merchant virtues, transforming merchants in men bent only on profit and self-interest. The industrialist, so, became the bourgeoisie´s myth and merchant ethics vanished from the agenda of historians and economists alike. Industrialization thusly lost one of its main characters and economy missed a catalyst of innovation and social capital formation.
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Ertl, Thomas. "Silkworms, Capital and Merchant Ships." Medieval History Journal 9, no. 2 (October 2006): 243–70. http://dx.doi.org/10.1177/097194580600900203.

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Mikityuk, Vladimir P. "EKATERINBURG MERCHANTS: THE PROBLEM OF SUCCESSION (THE SECOND HALF OF THE 19TH — EARLY 20TH CENTURIES)." Ural Historical Journal 72, no. 3 (2021): 135–43. http://dx.doi.org/10.30759/1728-9718-2021-3(72)-135-143.

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The article analyzes the problem of succession in the ranks of Ekaterinburg’s merchant class and the variants of its solution used in the second half of the 19th — early 20th centuries. Succession is considered as a process of capital transfer by Ekaterinburg merchants to their heirs in order to continue the commercial and industrial affairs of the testator. The article discusses the methods of training merchants’ successors, including their use as employees and their inclusion in family companies as partners. Considerable attention is paid to studying the mechanism of inheritance transfer in emergency situations and conflicts that arose during inheritance process. The author explores the cases when the heirs on a female line (widows, daughters) acted as the successors of commercial and industrial affairs, the examples of involvement of sons-in-law in the management of family capital are also given. The article uses documents from the funds of the State Archive of the Sverdlovsk region (GASO), as well as the periodical press (newspapers “Permskie gubernskie vedomosti”, “Ekaterinburgskaya nedelya” and others). From archival materials, documents from the funds of the Ekaterinburg City Duma and the Ekaterinburg District Court are mainly used. The following conclusions are made. The procedure of transferring the inheritance by Ekaterinburg merchants to their successors was a complex and ambiguous process. Not all Ekaterinburg merchants managed to solve the problem of succession: for this reason, a number of family firms existed only during one generation. At the same time, many representatives of the city merchant class managed to solve the problem of succession by various ways, at least for 2–3 generations. The instability of merchant capital was largely a consequence of state policy, and to a lesser extent, the result of the unresolved problem of succession.
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Kriedte, Peter. "Handelskapital und Handelskapitalismus." PROKLA. Zeitschrift für kritische Sozialwissenschaft 32, no. 128 (September 1, 2002): 491–507. http://dx.doi.org/10.32387/prokla.v32i128.699.

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Towards a theory of early European capitalism The starting point of the paper is Marx's theory of merchant capital. In contrast to Fernand Brandei the author argues that the early European capitalism was distinctive from its later forms. Five elements of a theory of merchant capitalism are discussed: the hierarchy of the economic spheres, the relation to the sphere of production, merchant capital and precapitalist modes of production, merchant and financial capital, protection und protection costs.
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Dessí, Roberta, and Salvatore Piccolo. "Merchant guilds, taxation and social capital." European Economic Review 83 (April 2016): 90–110. http://dx.doi.org/10.1016/j.euroecorev.2015.12.005.

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Aslanian, Sebouh. "Social capital, ‘trust’ and the role of networks in Julfan trade: informal and semi-formal institutions at work." Journal of Global History 1, no. 3 (November 2006): 383–402. http://dx.doi.org/10.1017/s1740022806003056.

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This essay examines the role of ‘trust’ and cooperation in early modern long-distance trade. While most literature on the subject posits trust as a given attribute of long-distance merchant communities and not as a factor in need of historical explanation or analysis, this essay seeks to provide a historical explanation for the creation and role of trust in such communities. It focuses on the history of Armenian merchants from New Julfa, Isfahan, during the seventeenth and eighteenth centuries. The central theoretical model this essay relies upon to explain trust among Julfan Armenian merchants derives from ‘social capital’ theory as elaborated in sociology and economic sociology, as well as theory from the New Institutional Economics associated with the influential work of Avner Greif. Unlike the latter body of work, however, this essay argues that Julfan trust must be understood not solely as an outcome of informal institutions such as reputation-regulating mechanisms discussed by Greif in his work on Maghribi Jews of the medieval period, but also as a result of the simultaneous combination of both informal and semi-formal legal institutions. In the Julfan context, the essay thus focuses on a merchant arbitrage institution known as the Assembly of Merchants, which enabled Julfan merchants to generate and maintain trust, trustworthiness and uniform norms necessary for collective action and cooperation.
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Dissertations / Theses on the topic "Merchant capital"

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Hottle, Nathan E. (Nathan Edward) 1976. "Valuation methods for capital investment in merchant power plants." Thesis, Massachusetts Institute of Technology, 2003. http://hdl.handle.net/1721.1/30032.

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Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program, 2003.
Includes bibliographical references (p. 87-88).
Wholesale electricity in the U.S. and many other countries is increasingly being supplied by unregulated firms competing to sell their product in competitive markets. Developers of the new merchant plants face a different set of risks than the regulated vertically integrated utilities that formerly owned the generating resources that supplied electricity to customers in their service area. This thesis evaluates the impact that industry restructuring will have on investments in capital-intensive electricity generation technologies and assesses the applicability of traditional economic valuation methods to investment decisions in a competitive wholesale electricity market. The evidence is presented through the use of a case study on the Likelihood of investment in new nuclear power plants in both organizational arrangements as predicted by two economic valuation methods. The results suggest that merchant developers will favor less capital-intensive technologies and that the traditional valuation method for power plant investment fails to capture the total effect on investment decisions of the new market arrangement. Economic studies that ignore the true nature of merchant plant investment will provide misleading conclusions regarding the relative competitiveness of generating technologies.
by Nathan E. Hottle.
S.M.
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Marshall, Don Decourcey. "The Caribbean, NAFTA and regional development." Thesis, University of Newcastle Upon Tyne, 1996. http://hdl.handle.net/10443/380.

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This thesis examines the record of development and the prospects for national ascent in the anglophone Caribbean. It argues that a transformative dialectic is operating through the restructuring of political-economic relations in the Americas. NAFTA and its expansion open up possibilities for business linkages, joint venture arrangements, and investment and trade creation opportunities for participating countries. This is a structural development opportunity that Caribbean state managers can least ignore. Indeed, a record of missed or squandered opportunities extends backwards into the region's colonial past. Since the independence period, developmentalist projects have been stultified by populist-statism and the circulationism of merchant capital in the individual countries. In spite of this, the national option appeared a secure one. Economic viability rested on the sale of one or two cash crop exports; the securing of non-reciprocal trading arrangements in the international arena; the promotion of the individual countries as cheap labour platforms for foreign manufacturing; a dependence on incomes from tourism and offshore services; and easy access to international loan capital. Today, the shifting competitive dynamics of the international system have yery far reaching implications for the nature of the Caribbean political economy. Economies of scope and scale are increasingly being favoured. The region has been caught napping because capital accumulation remains rooted in distribution infrastructures and not production ones. Indeed, the hegemony of circulation over production in the Caribbean points to the special circumstances that attended the new political class at the time of independence in the 1960s. The stability goal took paramount importance. State managers and the old commercial oligarchy became united by a lowest commondenominator interest, i.e. to reap and extend the benefits of the status quo. The nature of this postcolonial arrangement meant that state managers would fail to deepen the process of capital accumulation and industrialise. This thesis suggests that in light of the present balance of global socio-political forces, and the region's economic malaise, the Caribbean will be on better ground to pursue economic recovery through a deeper form of regionalism. It argues that export-orientated development is a social transformation venture that goes beyond new fiscal measures and market reforms. Hence the need to engender the rise of a new economic class of industrial entrepreneurs. Accordingly, this thesis concludes that a regionalised developmental state in the Caribbean will be vital for altering the region's status in the international system and the hemisphere, and for pursuing a 'nurture industrial capitalism' project.
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Baba-Ahmed, H. "Peasants, merchant capital and the state : Colonial Northern Nigeria, 1900-1939." Thesis, University of Sussex, 1985. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.374450.

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This thesis examines the nature of the transformations engendered under the impact of the demands of the state and European merchants' . capital within the colonial political economy of Northern Nigeria until 1939. It examines, in'particular, the effect 'of these transformations upon three groups: the peasantry, the merchant class and the aristocracy. It is placed within the current debate on the nature and impact of European capital, operating within an imperial framework, on the political economy of colonies. It seeks to analyse the dialectical effect of the intercourse of European merchants' capital with peasant producers, indigenous merchant and an indigenous ruling class incorporated within the colonial system of administration. Beginning with an examination of the basic pre-colonial economic structures (peasant and slave agriculture, long-distance and internal trade and manufacture) it analyses the immediate effects of the subordination of the pre-colonial state structure under the colonial state, and of the colonial states' policies towards land;~labour and taxation. It then examines peasant involvement in the increased'. production of export commodities, and the role of European, Levantine and African merchant capital in the trade. It then examines the effect of this involvement on the structUre of peasant relations of production, and finally examines the implications of intensified export commodity production within the wider context of a maturing colonial economy. It concludes that the twin demands to ensure initial political control and financial solvency by the state combined with the existence of a form of capital that intensified pettycommo~ ity production to create in Northern Nigeria a state system centred around:a class of non-producers, committed to a controlled, guided change, dependent upon surplus from a peasantry, and class relations that aimed at perpet~ating the political subordination of the peasantry. Material for the thesis vas gathered from actual sources in the' National Archives,'Kaduna, Nigeria, Public Records Office in London, and from published boQks and journals from the University of Sussex, England.
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Wells, Karen. "International and domestic sources of state stability and regime collapse : merchant capital in Ethiopia, 1974-1995." Thesis, London School of Economics and Political Science (University of London), 1999. http://etheses.lse.ac.uk/1548/.

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This thesis is an analysis of the interrelationship between international and domestic determinants of state action in Ethiopia in the period 1974 - 1995. It uses an historical materialist framework to show that the Ethiopian state acts to further the interests of domestic merchant capital, and that continuities between successive regimes express a deeper underlying continuity in the structures of the social formation. It discusses the ways in which land reform further entrenched peasants in their existing conditions of production, in response to which the Derg regime undertook to extend state interventions in trade. State involvement in trade has been crucial to the ability of successive regimes to preserve and expand state structures. The alliance with merchant capital which underpinned the state's role in trade explains the decision to nationalise industry. Nationalisation led to a decline in industrial production to the benefit of domestic merchant capital. However the dominance of merchant capital exists alongside low-levels of capital accumulation which renders the state dependent on external alliances and therefore makes regimes highly susceptible to changes at the international level. The low-level of development of the productive forces has retarded the integration of Ethiopia and strengthened regional identities. The resulting fragmentation of power has been an enduring theme of Ethiopian politics. These continuities in underlying structures have contributed to continuities in regime action at the level of the degree of state penetration, the formation of state revenues, and the military basis of regime legitimacy. Finally, it suggests that the model offered here, of a state supporting a domestic merchant class, may be useful in explaining the relationship between states and classes elsewhere in sub-Saharan Africa.
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Dedoussopoulos, A. A. "Capitalism, simple commodity production and merchant capital : The political economy of Greece in the 19th century." Thesis, University of Kent, 1985. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.372839.

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Di, Giorgi Fernando. "Comércio eletrônico modificações econômicas e funcionais na esfera da circulação." Pontifícia Universidade Católica de São Paulo, 2016. https://tede2.pucsp.br/handle/handle/18808.

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The focus of this dissertation is e-commerce, a sales channel that emerged from innovations in information and communications technology (ICT). Using a Marxist framework, the aim of this work is to explain the changes occurring in the movement of goods in retail derived from e-commerce, and its contradictions. As a secondary objective, the dissertation also aims to explain (a) the new driving forces of capital concentration and changes in the retail market structure, (b) changes and innovations in the services market in general, induced by electronic commerce, (c) functional impairment of trade and the direct selling by industry, (d) the extent of technological platforms used by the biggest online stores to provide selling services for small retailers (the marketplace function) and (e) the new opportunities derived from multi/omni channel commerce technology
O objeto da dissertação é o comércio eletrônico, canal de vendas surgido a partir das inovações tecnológicas nas áreas de processamento da informação e comunicações. Por meio de um referencial marxista, o objetivo é explicar as transformações ocorridas na esfera da circulação de mercadorias no varejo derivadas da introdução do comércio eletrônico e suas contradições. Como objetivos secundários a dissertação se propõe a explicar as novas forças propulsoras da concentração do capital no comércio e as alterações na estrutura do mercado varejista; as modificações e inovações no mercado de serviços em geral, induzidas pelo comércio eletrônico; o enfraquecimento funcional do comércio e a venda direta pela indústria; a extensão do uso da plataforma tecnológica das grandes lojas virtuais para a prestação de serviços a pequenos lojistas (marketplace) e as novas oportunidades de uso das tecnologias viabilizadas pelo comércio eletrônico
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Mamidaki, Eleftheria. "The capital markets as a source of finance for shipping and the feasibility of a merchant shipping company listing in the Athens Stock Exchange." Thesis, Massachusetts Institute of Technology, 1995. http://hdl.handle.net/1721.1/36015.

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Jordan, Spencer. "The development and implementation of authority in a regional capital : a study of Bristol's elites, 1835-1939." Thesis, University of the West of England, Bristol, 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.311875.

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Drummond, Michael Addington. "Relative valuations of merchant and tolling LNG models considering alternate capital structures." Thesis, 2013. http://hdl.handle.net/2152/23899.

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As recently as 2008 liquefied natural gas (LNG) import facilities were being constructed in the United States in order to help meet domestic demand. Within the past five years, the development of hydraulic fracturing has created a seismic shift in the energy landscape as companies are turning their focus to exporting LNG instead of importing it. Today, there are currently more than twenty liquefaction facilities awaiting regulatory approval to export domestic product to non-Free Trade Agreement nations. As of November 2013, regulators have approved export capacity of approximately 2,300 billion cubic feet per year, a figure which could rise dramatically over the next decade. Clearly the shale revolution, which has suppressed domestic natural gas prices relative to European and Asian markets, has created an intriguing arbitrage opportunity. The risks to LNG asset owners, however, are high. Long-term domestic and regional prices are uncertain, and capital expenditure costs require a heavy debt burden. We will examine two primary LNG contract structures with altering project financing considerations. The first is the merchant model, in which the LNG asset owner takes title to the supply. The second is the tolling model, in which the LNG asset owner does not take title to the supply. Each of these scenarios will be valued using a high debt, low equity capital structure and a medium debt, medium equity capital structure. Once we have determined the relative valuations of each scenario, sensitivity analysis and Monte Carlo methods will be applied to the outcomes in order to determine the optimal combination of contract structure and capital structure for both debt and equity holders.
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Yeh, Zhi-Hua, and 葉芷華. "Relationships as Currency: Social Capital in The Merchant of Venice and Timon of Athens." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/7j35hn.

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碩士
國立中央大學
英美語文學系
104
This thesis looks at economic issues in their social contexts. It argues that the interpretation of debt depends on the social relation between the creditor and the debtor. Another part of the argument is that the plays reflect the economic transition in the early modern England. In other words, the plays portray the conflicts between different forms of economy. Based on the link between forms of economy and social relations, this thesis argues that the fortune and misfortune of analyzed characters depends on the question whether their money, economic capital used on other people can be altered into social capital, useful social relations. Entitled “Representations of Human Economy in The Merchant of Venice: Antonio and Shylock,” the first chapter argues that Antonio’s fortune and misfortune are correlated to the quality and quantity of social relations that he has. Reading Timon of Athens in the context of the economic changes in the early modern England, the second chapter contends that the conflicts between characters suggest the economic transition in early modern England. The conclusion discusses the servants in the two plays. While restating the importance of social relations in economic exchanges, it suggests how the old type of economy survives in the new one.
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Books on the topic "Merchant capital"

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Ibrahim, Mahmood. Merchant capital and Islam. Austin: University of Texas Press, 1990.

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Fieldhouse, D. K. Merchant capital and economic decolonization: The United Africa Company, 1929-1987. Oxford: Clarendon Press, 1994.

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Tributors, supporters, and merchant capital: Mining and underdevelopment in Sierra Leone. Aldershot, England: Avebury, 1995.

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Smith, Alan K. Creating a world economy: Merchant capital, colonialism, and world trade, 1400-1825. Boulder: Westview Press, 1991.

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Smith, Alan K. Creating a world economy: Merchant capital, colonialism, and world trade, 1400-1825. Boulder: Westview Press, 1991.

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Merchant capital and the roots of state power in Senegal, 1930-1985. Cambridge [England]: Cambridge University Press, 1992.

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United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises. Promotion of capital availability to American businesses: Joint hearing before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives, One Hundred Seventh Congress, first session, April 4, 2001. Washington: U.S. G.P.O., 2001.

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Kothari, Vinod. Lease, financing & hire-purchase: Including venture capital, mutual funds, factoring, and merchant banking. 2nd ed. Nagpur, India: Wadhwa and Co., 1986.

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Maloni, Ruby. European merchant capital and the Indian economy: A historical reconstruction based on Surat Factory Records, 1630-1668. New Delhi: Manohar Publications, 1992.

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Turkey. Peeple die there, and they live to tell the story Turkey: Encouragement of foreign capital ... Ankara: İGEME, 1985.

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Book chapters on the topic "Merchant capital"

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Dixin, Xu, and Wu Chengming. "Commodity Circulation and Merchant Capital." In Chinese Capitalism, 1522–1840, 46–64. London: Palgrave Macmillan UK, 2000. http://dx.doi.org/10.1007/978-1-349-61990-0_3.

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Freund, Bill. "The European Intrusion in the Era of Merchant Capital." In The Making of Contemporary Africa, 31–45. London: Macmillan Education UK, 2016. http://dx.doi.org/10.1057/978-1-349-92885-9_3.

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Freund, Bill. "The European Intrusion in the Era of Merchant Capital." In The Making of Contemporary Africa, 34–50. London: Macmillan Education UK, 1998. http://dx.doi.org/10.1007/978-1-349-26516-9_3.

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Netzloff, Mark. "The Lead Casket: Capital, Mercantilism, and The Merchant of Venice." In Money and the Age of Shakespeare, 159–76. New York: Palgrave Macmillan US, 2003. http://dx.doi.org/10.1057/9781403982469_11.

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Neill, Anna. "Swift and the Geographers: Race, Space and Merchant Capital in Gulliver’s Travels." In British Discovery Literature and the Rise of Global Commerce, 83–119. London: Palgrave Macmillan UK, 2002. http://dx.doi.org/10.1057/9780230629226_4.

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Dejung, Christof. "Transcending the Empire: Western Merchant Houses and Local Capital in the Indian Cotton Trade (1850s–1930s)." In Commodities, Ports and Asian Maritime Trade Since 1750, 198–217. London: Palgrave Macmillan UK, 2015. http://dx.doi.org/10.1057/9781137463920_11.

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"Merchant Capital Revolution." In The Yoruba, 235–81. Indiana University Press, 2020. http://dx.doi.org/10.2307/j.ctv177thv2.13.

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"Sociality of Merchant Capital." In The Yoruba, 282–316. Indiana University Press, 2020. http://dx.doi.org/10.2307/j.ctv177thv2.14.

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Anderson, Aaron D. "Merchant Life and Social Capital." In Builders of a New South, 142–79. University Press of Mississippi, 2013. http://dx.doi.org/10.14325/mississippi/9781617036675.003.0006.

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"9 Art and Merchant Capital." In Art and Value, 267–89. BRILL, 2015. http://dx.doi.org/10.1163/9789004288157_011.

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Conference papers on the topic "Merchant capital"

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Boarin, Sara, and Marco E. Ricotti. "Cost and Profitability Analysis of Modular SMRs in Different Deployment Scenarios." In 17th International Conference on Nuclear Engineering. ASMEDC, 2009. http://dx.doi.org/10.1115/icone17-75741.

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The loss of economies of scale affects Small and Medium sized Reactors’ (SMRs) overnight construction costs, as compared to Large Reactors (LRs) and is particularly burdensome to the financial performance of a capital intensive project as a Nuclear Power Plant (NPP). Nevertheless, multiple SMRs projects have factors that mitigate the loss of economies of scale. Furthermore, by exploiting investment scalability, SMRs are able to limit the capital investment and to self-finance the construction of later units with operating cash flow from early deployed units. In our forecasted scenarios, SMRs lower profitability for the shareholders may be counterbalanced by savings in Equity capital investment, as compared to LR. This reduces sunk costs and investment risk of SMRs project under uncertain market conditions, in a “merchant plant” scenario where business profitability is as valuable as business risk.
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Tawney, Rattan, Cheryl Pearson, and Mona Brown. "Options to Maximize Power Output for Merchant Plants in Combined Cycle Applications." In ASME Turbo Expo 2001: Power for Land, Sea, and Air. American Society of Mechanical Engineers, 2001. http://dx.doi.org/10.1115/2001-gt-0409.

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Deregulation and growth in the power industry are causing dramatic changes in power production and distribution. The demand for peak power and potentially high revenues due to premium electricity rates has attracted independent developers to the concept of Merchant Power Plants (MPPs). Over 100,000 MW of greenfield capacity is currently being developed through approximately 200 merchant plants in North America. These MPPs will have no captive customers or long-term power purchase agreements, but will rely on selling electricity into a volatile electricity spot market. Because of this, MPPs need the capability to export as much power as possible on demand. MPPs must also have the capability to produce significant assets in order to compete in the marketplace, based on both technical and commercial operation factors such as value engineering, life-cycle cost management, and information technology. It is no surprise then, that almost all merchant project developers have specified combined cycle (CC) technology. The CC power plant offers the highest thermal efficiency of all electric generating systems commercially available today. It also exhibits low capital costs, low emissions, fuel and operating flexibility, low operation and maintenance costs, short installation schedule, and high reliability/availability. However, since gas turbines (GTs) are the basis for CC power plants, these plants experience power output reductions in the range of 10 to 15 percent during summer months, the period most associated with peak power demand. In order to regain this loss of output as well as to provide additional power to meet peak demands, the most common options are GT inlet fogging, GT steam injection, and heat recovery steam generator (HRSG) supplemental firing. This paper focuses on plant design, cycle performance, and the economics of plant configuration associated with these options. Guidelines are presented in this paper to assist the owner in selecting power enhancement options for the MPP that will maximize their Return on Equity (ROE).
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Singh, Anup. "Past, Present and Future of Combined Cycle Power Plants: From an A/E’s Perspective." In ASME Turbo Expo 2001: Power for Land, Sea, and Air. American Society of Mechanical Engineers, 2001. http://dx.doi.org/10.1115/2001-gt-0503.

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In the 1970s, power generation from gas turbines was minimal. Gas turbines in those days were run on fuel oil, since there was a so-called “natural gas shortage”. The U.S. Fuel Use Act of 1978 essentially disallowed the use of natural gas for power generation. Hence there was no incentive on the part of gas turbine manufacturers to invest in the development of gas turbine technology. There were many regulatory developments in the 1980s and 1990s, which led to the rapid growth in power generation from gas turbines. These developments included Public Utility Regulatory Policy Act of 1978 (encouraging cogeneration), FERC Order 636 (deregulating natural gas industry), Energy Policy Act of 1992 (creating EWGs and IPPs) and FERC Order 888 (open access to electrical transmission system). There was also a backlash from excessive electric rates due to high capital recovery of nuclear and coal-fired plant costs caused by tremendous cost increase resulting from tightening NRC requirements for nuclear plants and significant SO2/NOx/other emissions controls required for coal-fired plants. During this period, rapid technology developments took place in the metallurgy, design, efficiency, and reliability of gas turbines. In addition, U.S. DOE contributed to these developments by encouraging research and development efforts in high temperature and high efficiency gas turbines. Today we are seeing a tremendous explosion of power generating facilities by electric utilities and Independent Power Producers (IPPs). A few years ago, Merchant Power (generation without power purchase agreements) was unheard of. Today it is growing at a very fast pace. Can this rapid growth be sustained? The paper will explore the factors that will play a significant role in the future growth of gas turbine-based power generation in the U.S. The paper will also discuss the methods and developments that could decrease the capital costs of gas turbine power plants resulting in the lowest cost generation compared to other power generation technologies.
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Muska, Aina, and Gunita Mazure. "Impact of Latvian wood construction cluster on the economic efficiency of its members." In 21st International Scientific Conference "Economic Science for Rural Development 2020". Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2020. http://dx.doi.org/10.22616/esrd.2020.53.002.

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The operation in the cluster allows merchants increase their operational efficiency, productivity, exportability and gain other benefits. The establishment of Latvian Wood Construction Cluster at the beginning of 2012 was targeted at promotion of the cooperation within the industry by developing the potential of production and export markets. The research aim is to study the changes in the economic efficiency of the merchants belonging to Latvian Wood Construction Cluster. Six Cluster members, whose economic efficiency was measured consistent with the methodology developed by the research authors, were selected for the validation or rejection of the research hypothesis and achievement of the research aim, which was advanced following the recommendation of the experts. The research results lead to the conclusion that the economic efficiency of the merchants under the study has not improved during the Cluster performance period; it has even worsened, especially for “Nordic Homes”, “HUSVIK”, “Dores fabrika” and “Cross Timber Systems”, compared with the average industry figure. Nevertheless, the net sales, operating profit and net profit of “BYKO–LAT” have increased during the Cluster performance period and the achieved results have significantly surpassed the average industry figures, the merchant’s economic efficiency did not present an improvement during the Cluster performance period due to the decline in return on assets, increase in production costs, decline in the profit to long-term capital ratio in 2017 and 2018 as well as the decrease in return on equity and commercial profitability in 2018. The authors explain the obtained research results by the fact that the Cluster activities are performed with the aim to inform on the Cluster operation, its members and wood construction; the Cluster activities are less targeted at the increase of economic efficiency.
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Clare, Alan. "Selecting a suitable Ballast Water Treatment System for a small general cargo vessel." In IMarEST Ballast Water Technology Conference. IMarEST, 2017. http://dx.doi.org/10.24868/bwtc6.2017.007.

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The main questions which will be addressed in this paper are; which ballast water treatment system (BWTS) should be fitted to a fleet of small general cargo ships that are trading in Northern Europe, including the Baltic Sea, and how will the implementation of the Ballast Water Management Convention (BWMC, herewith “the Convention”) will affect the engine room crew? There is a large capital cost in the purchasing and fitting of such a system, and as the vessels in question have some special requirements, such as operating in very cold weather and having small engine rooms, the correct system must be chosen. As the small engine room crew, consisting of a chief engineer and an oiler, must be able to operate, maintain and repair the system, the chosen system will impact on their working life while onboard these vessels. To answer the research questions, all the chief engineers employed by the Company and a number of shore superintendents from other shipping companies, involved in the management of small general cargo ships were surveyed using questionnaires. Their responses were then analysed and conclusions drawn from this analysis. The criteria required to choose a ballast water treatment system was narrowed down during the research, and then used to find the most suitable system for the company vessels. A small number of systems currently in production from well-known manufacturers were evaluated during this process. Following evaluation of the systems using the responses from the respondents, the most suitable system for the company vessels was identified and chosen. The need for training was also identified to successfully operate and maintain the system, and to reduce any additional stress that may be experienced by the crew due to the BWMC. The research also contains a review of the BWMC, and a comparison with measures brought in by the United States Coast Guard (USCG), which include the transfer of harmful aquatic organisms and pathogens, (HAOP) by merchant vessels from area to area by other methods that are ignored by the BWMC. It also considers the long-term health effects on the crew and marine ecosystem from treated ballast water using some types of treatment systems. The report of the survey provides scope for a more informed decision making process when choosing a BWTS for a small general cargo vessel. However, in addition, the process can be applied to any type of vessel as many of the issues encountered will be the same regardless of size and trading pattern.
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Amrin, Almira Nur’azmi, and Ietje Nazaruddin. "The Effect of Participation in Budgeting and Internal Control on Managerial Performance in Traditional Market Merchants’ Association with Social Capital as Moderating Variable." In 4th International Conference on Sustainable Innovation 2020-Accounting and Management (ICoSIAMS 2020). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aer.k.210121.025.

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