by Margrit Schulte Beerbühl Original in German, displayed in English▾
The Hanseatic League was a late-medieval network of economically largely independent long-distance trade merchants which was based on trust, reputation and reciprocal relations. The informal cooperation among its members kept transactional, informational and organizational costs low, allowing the Hanse merchants to make good profits from the long-distance trade between the Baltic and the North Seas. Thanks to personal and institutional links with confederations of towns, the Hanse merchants were initially able to strengthen their international position of power. Since the late 15th century, however, the transaction costs of long-distance trade increased as a result of growing exclusivity and formalization efforts in the Hanseatic league. Moreover, changes in the European economic structure, triggered by the discovery of America, and internal conflicts ultimately led to the disintegration of the Hanseatic networks.
Introduction
To this day, there is no consensus among historians regarding the definition of the phenomenon "German Hanseatic League". The French historian Philippe Dollinger (1904–1999), for example, describes it as an "unorganisches Gebilde mit einer fast nicht greifbaren Struktur" ("inorganic entity with an almost intangible structure"), which, according to him, also exhibits weaknesses.1 In the older literature, the German Hanseatic League is often seen as a powerful association of towns, while other authors view it as a trading company or merely as a partnership of convenience. Its lack of a hierarchical structure, especially obvious when compared to the great trading houses in southern Germany, has led to the opinion that the Hanseatic League suffered from an "innovatorischen Rückstand" ("innovation gap").2 While this observation met with much opposition, it was nevertheless perfectly legitimate within the context of the prevailing view among the period's economists and economic historians, who considered bureaucratic-hierarchical forms of organization to be modern and forward-looking business models. In the German economic history and social science research of the recent decades, a fundamental paradigm shift has taken place from a structural-historical to an actor-centred approach. This change not only promises to give an answer to the question of what the Hanseatic League actually was, but also to open up a vast, hitherto little-noticed field of research. Furthermore, extensive preliminary prosopographical work in the 1990s has made it possible to apply network theory to research on the Hanse.3
The Hanseatic League was a late-medieval network of economically largely independent long-distance trade merchants which was based on trust, reputation and reciprocal relations. The informal cooperation among its members kept transactional, informational and organizational costs low, allowing the Hanse merchants to make good profits from the long-distance trade between the Baltic and the North Seas. Thanks to personal and institutional links with confederations of towns, the Hanse merchants were initially able to strengthen their international position of power. Since the late 15th century, however, the transaction costs of long-distance trade increased as a result of growing exclusivity and formalization efforts in the Hanseatic league. Moreover, changes in the European economic structure, triggered by the discovery of America, and internal conflicts ultimately led to the disintegration of the Hanseatic networks.
Introduction
To this day, there is no consensus among historians regarding the definition of the phenomenon "German Hanseatic League". The French historian Philippe Dollinger (1904–1999), for example, describes it as an "unorganisches Gebilde mit einer fast nicht greifbaren Struktur" ("inorganic entity with an almost intangible structure"), which, according to him, also exhibits weaknesses.1 In the older literature, the German Hanseatic League is often seen as a powerful association of towns, while other authors view it as a trading company or merely as a partnership of convenience. Its lack of a hierarchical structure, especially obvious when compared to the great trading houses in southern Germany, has led to the opinion that the Hanseatic League suffered from an "innovatorischen Rückstand" ("innovation gap").2 While this observation met with much opposition, it was nevertheless perfectly legitimate within the context of the prevailing view among the period's economists and economic historians, who considered bureaucratic-hierarchical forms of organization to be modern and forward-looking business models. In the German economic history and social science research of the recent decades, a fundamental paradigm shift has taken place from a structural-historical to an actor-centred approach. This change not only promises to give an answer to the question of what the Hanseatic League actually was, but also to open up a vast, hitherto little-noticed field of research. Furthermore, extensive preliminary prosopographical work in the 1990s has made it possible to apply network theory to research on the Hanse.3