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Hardcover The Financial Decline of a Great Power: War, Influence, and Money in Louis XIV's France Book

ISBN: 0199585075

ISBN13: 9780199585076

The Financial Decline of a Great Power: War, Influence, and Money in Louis XIV's France

The 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...

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Format: Hardcover

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