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gov.sg). Obtained 26 February 2017. As Wu Wei Neng (2012) notes: "17th century Amsterdam was the world's first modern-day financial centre the municipal government, Wisselbank, Beurs (stock exchange), Korenbeurs (products exchange), major insurance coverage, brokerage and trading companies were Discover more here situated within a couple of blocks of each other, together with coffee homes which acted as casual trading floorings and exchanges that facilitated deal-making. Financial innovations such as maritime insurance coverage, retirement pensions, annuities, futures and choices, transnational securities listings, shared funds and modern financial investment banking had their genesis in 17th and 18th century Amsterdam." [] Sylla, Richard (2015 ). "Financial Advancement, Corporations, and Inequality". (BHC-EBHA Fulfilling) Gelderblom, Oscar; Jonker, Joost (2004 ) - Which one of the following occupations best fits into the corporate area of finance?.
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( Routledge, 2013, 0415716179) Sayle, Murray (5 April 2001). " Japan goes Dutch". 23 (7 ). pp. 37. Murray Sayle (2001 ): "The Netherlands United East Indies Company (Verenigde Oostindische Compagnie, or VOC), established in 1602, was the world's first international, joint-stock, minimal liability corporation as well as its very first government-backed trading cartel. Our own East India Company, established in 1600, stayed a coffee-house clique until 1657, when it, too, started selling shares, not in specific trips, but in the Company itself, by which time its Dutch rival was by far the most significant business business the world had understood." Phelan, Ben (7 January 2013).