Social capital, ‘trust’ and the role of networks in Julfan trade: informal and semi-formal institutions at work
Sebouh David Aslanian · 2006
Catalogue summary
Aslanian examines how Armenian merchants from New Julfa built trust for long-distance trade through a combination of reputation, collective norms, and semi-formal legal institutions. The article centers the merchants’ Assembly as a practical mechanism for coordinating cooperation in the seventeenth and eighteenth centuries.
Why this matters
It gives readers a concrete account of Armenian commercial networks while showing how institutions, rather than cultural stereotypes, shaped durable cooperation across distance.
Citation
Sebouh David Aslanian 2006. Social capital, ‘trust’ and the role of networks in Julfan trade: informal and semi-formal institutions at work. Journal of Global History. https://doi.org/10.1017/s1740022806003056
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