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gov.sg). Retrieved 26 February 2017. As Wu Wei Neng (2012) notes: "17th century Amsterdam was the world's very first modern monetary centre the city hall, Wisselbank, Beurs (stock exchange), Korenbeurs (commodities exchange), significant insurance coverage, brokerage and trading companies were located within a few blocks of each other, together with coffee homes which functioned as informal trading floors and exchanges that helped with deal-making. Financial developments such as maritime insurance coverage, retirement pensions, annuities, futures how to get out of timeshare and alternatives, global securities listings, shared funds and modern-day investment banking had their genesis in 17th and 18th century Amsterdam." [] Sylla, Richard (2015 ). "Financial Development, Corporations, and Inequality". (BHC-EBHA Fulfilling) Gelderblom, Oscar; Jonker, Joost (2004 ) - What is internal rate of return in 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 Business (Verenigde Oostindische Compagnie, or VOC), established in 1602, was the world's very first international, joint-stock, limited liability corporation as well as its first government-backed trading cartel. Our own East India Business, established in 1600, stayed share time vacation a coffee-house clique until 1657, when it, too, started selling shares, not in specific voyages, but in the Company itself, by which time its Dutch rival was without a doubt the biggest company the world had understood." Phelan, Ben (7 January 2013).
