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Portugal in a European ContextA Difficult Transition: Portuguese State Finances Between Later Medieval and Early Modern Times, c. 1415–1530

Portugal in a European Context: A Difficult Transition: Portuguese State Finances Between Later... [Following the framework set up by the Bonney-Ormrod model, this chapter offers a political economy of early modern Portugal, i.e., how the Crown built a new fiscal ethos under the challenges of a key period to a new enthroned dynasty: the Avis household. This becomes evident when we analyze a specific context of an “organic institutional development,” which portrays the debate on the state of finances from the military advances in Ceuta, in 1415 to the effective colonization of Brazil, in 1530. These hundred and fifteen years were decisive in redefining the purpose of state finances. Moreover, this period is key to understanding a tendency to value chivalric activity and a more intense military action as part of a strategy of expanding the domains and a broader cultural and political affirmation strategy as a “new center of power and diffusion of cultural trends.” Based on a combination of fiscal sources with parliamentary debates and royal chronicles, what we will see is that this policy was two-folded: it was conceived to establish a new status quo of permanent war and expand its economic domain by reinforcing and expanding landlordships. Besides, it took advantage of an ongoing fiscal dynamic, boosted by commercial activity and warfare, built to provide political sustainability to the new group in power, and institutionalizing of a redistributive income policy within the group of the king’s favorites.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Portugal in a European ContextA Difficult Transition: Portuguese State Finances Between Later Medieval and Early Modern Times, c. 1415–1530

Part of the Palgrave Studies in the History of Finance Book Series
Editors: Dominguez, Rodrigo da Costa; Andrade, Amélia Aguiar
Dominguez, Rodrigo da Costa
Portugal in a European Context — Jan 1, 2023
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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
ISBN
978-3-031-06226-1
Pages
91 –113
DOI
10.1007/978-3-031-06227-8_5
Publisher site
See Chapter on Publisher Site

Abstract

[Following the framework set up by the Bonney-Ormrod model, this chapter offers a political economy of early modern Portugal, i.e., how the Crown built a new fiscal ethos under the challenges of a key period to a new enthroned dynasty: the Avis household. This becomes evident when we analyze a specific context of an “organic institutional development,” which portrays the debate on the state of finances from the military advances in Ceuta, in 1415 to the effective colonization of Brazil, in 1530. These hundred and fifteen years were decisive in redefining the purpose of state finances. Moreover, this period is key to understanding a tendency to value chivalric activity and a more intense military action as part of a strategy of expanding the domains and a broader cultural and political affirmation strategy as a “new center of power and diffusion of cultural trends.” Based on a combination of fiscal sources with parliamentary debates and royal chronicles, what we will see is that this policy was two-folded: it was conceived to establish a new status quo of permanent war and expand its economic domain by reinforcing and expanding landlordships. Besides, it took advantage of an ongoing fiscal dynamic, boosted by commercial activity and warfare, built to provide political sustainability to the new group in power, and institutionalizing of a redistributive income policy within the group of the king’s favorites.]

Published: Jan 1, 2023

Keywords: Redistribution; Medieval Taxation; Portugal

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