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Sword and Purse: Beginnings of Collaboration
Sword and purse: Beginnings of collaboration

The 16th century was one of transition from the era of small city-states mostly ruled by patriciates with business interests or supported by business communities to one of nation-states ruled by monarchs. Geo-political developments started changing the face of Europe. The complex of principalities and territories known as Germany was at the height of prosperity and population. The decline of France in the wars of the previous two centuries and of Italy in the Franco-Spanish wars of the previous 30 years had put Germany at the centre of the European stage (Elton, 1963: 23). The rising power of the Habsburg Empire emerged as the central political sensation of the times.1

As Germany came to occupy ...

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