The Pavlovic's Investing Money for Profit in Dubrovnik Cover Image

Pavlovići u uloaganju novca na dobit u Dubrovniku
The Pavlovic's Investing Money for Profit in Dubrovnik

Author(s): Esad Kurtović
Subject(s): History
Published by: Institut za istoriju
Keywords: Pavlovic Family; Financial Market; Dubrovnik; Investments

Summary/Abstract: To invest money for profit in Dubrovnik by the representatives from the hinterland was a forunner of the contemporary forms of saving and represents an expression of the ideas of developed financial European market dealings over the Adriatic Sea, Venice and Dubrovnik to Bosnia on the highest state level, playing the part of the banker with a deposit on disposal, while the savers with saving accounts, investors – the nobility from the hinterland – had an annual profit and interest rate for the investment. Investing money was known for the limited circle only, the Konavle circle, those who owned Konavle, Sandalj Hranić, Radoslav Pavlović with his descendants and their major representatives, Pribislav Pohvalić and Brailo Tezalović. Finally, the main personalities who enabled Dubrovnik to succeed in obtaining Konavle. Such a starting business constallation, a business inaguration determined its development and hysiognomy. The example of the Pavlovićs’ money investment is presented as an economic-political business – representing an economic and political frame of interest of two subjects and an elaborate technique of longlasting duration, with a number of limitations, a classical tributary dealing of the neighbours’ relations. The relations of Dubrovnik to the hinterland used to be on the level of the local phenomenon of the closed type.

  • Issue Year: 2002
  • Issue No: 31
  • Page Range: 33-55
  • Page Count: 23
  • Language: Bosnian
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