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Early Modern Trading Networks in Europe
In the early modern period, trade became a truly global phenomenon. The logistics, financial and organizational complexity associated with it increased in order to connect distant geographies and merchants from different backgrounds. How did these merchants prevent their partners from dishonesty in a time where formal institutions and legislation did not traverse these different worlds? This book studies the mechanisms and criteria of cooperation in early modern trading networks. It uses an interdisciplinary approach, through the case study of a Castilian long-distance merchant of the sixteenth century, Simon Ruiz, who traded within the limits of the Portuguese and Spanish overseas empires.
Early Modern Trading Networks in Europe discusses the importance of reciprocity mechanisms, trust and reputation in the context of early modern business relations, using network analysis methodology, combining quantitative data with qualitative information. It considers how cooperation and prevention could simultaneously create a business relationship, and describes the mechanisms of control, policing and punishment used to avoid opportunism and deception among a group of business partners. Using bills of exchange and correspondence from Simon Ruiz’s private archive, it charts the evolution of this business network through time, debating which criteria should be included or excluded from business networks, as well as the emergence of standards.
This book intends to put forward a new approach to early modern trade which focuses on individuals interacting in self-organized structures, rather than on states or empires. It shows how indirect reciprocity was much more frequent than direct reciprocity among early modern merchants and how informal norms, like ostracism and signalling, helped to prevent defection and deception in an effective way. This book will be of interest to all early modern historians, especially those with an interest in economic history and the history of international trade.
eBook
Goods from the East, 1600-1800 : trading Eurasia
Goods from the East focuses on the fine product trade's first Global Age: how products were made, marketed and distributed between Asia and Europe between 1600 and 1800. It brings together established scholars as well as new, to provide a full comparative and connective study of this trade.
eBook
Rivalry for trade in tea and textiles : the English and Dutch East India Companies (1700-1800)
The rivalry for trade in tea and textiles between the English and Dutch East India companies is very much a global history. This trade is strongly connected to emblematic events such as the opening of Western trade with China, the Boston Tea Party, the establishment of British Empire in Bengal and the Industrial Revolution.
eBook
The European Canton Trade 1723
This critically-commented source edition contains the commercial directions, merchant diary and naval log of four East India Company ships, which sailed from London to Canton, China in 1723, as well as the travelogue of another contemporary trader who sailed from Ostend. It highlights the roles of cooperation and competition in shaping the relations between these and other European companies as well as the everyday lives of European merchants and mariners. The edition thus sheds new light on the history of the East Indies trade during the eighteenth century and its role in encouraging early modern globalization.
eBook
Institutions and European Trade : Merchant Guilds, 1000-1800
\"What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did they simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policy-makers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how the answers to such questions can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being\"-- Provided by publisher.
Book
Medieval trade in Central Europe, Scandinavia, and the Balkans (10th-12th centuries) : a comparative study
The aim of this work is to attempt to verify the theoretical concepts associated with the idea of trade and merchants activities in the 10th - 12th century within the extensive body of written sources available. The main case study is trading within the range of the influence of the Ottonian Empire and Byzantium.
eBook