First_modern_model_of_a_financial_centre_.2817th_century.29 List_of_Dutch_inventions_and_discoveries
the dam square in amsterdam, gerrit adriaensz berckheyde, c. 1660. in picture of centre of highly cosmopolitan , tolerant amsterdam, muslim/oriental figures (possibly ottoman or moroccan merchants) shown negotiating. seventeenth-century amsterdam’s institutional innovations helped lay foundations modern (international) financial centres dominate global financial system.
by first decades of 18th century, amsterdam had become world’s leading financial centre more century, having developed sophisticated financial system central banking, fully-fledged capital markets, kinds of financial derivatives, , publicly traded multinational corporations. amsterdam first modern model of international (global) financial centre operated in several countries around world.
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