This book presents an unusual view on one of the most influential periods in world economic history: the Early Globalization. By this term, the notion that a process of genuine globalization took place in the Early Modern Era is defended. The authors propose that the canonical globalization—that of the nineteenth and early twentieth centuries—was preceded by a century-long increasing economic integration between continents that were non-existent before 1492. The economic aspects of the Early Globalization, like market integration, price co-movements and international silver circulation, were very important. Notwithstanding, other dimensions of human life, which were affected by unprecedented intercontinental contacts, including free and forced migrations, changes in tastes and consumption, etc. The Fruits of Globalisation deals with some of the most important issues among the former and the latter. The book combines approaches from different disciplines, including quantitative and non-quantitative economic history, econometrics, international trade and demography. Overall, the vision of the Early Globalisation offered in this book is less pessimistic than in mainstream literature on the period.
Author(s): Rafael Dobado-González, Alfredo García-Hiernaux
Series: Palgrave Studies In Comparative Global History
Edition: 1
Year: 2021
Language: English
Commentary: TruePDF
Pages: 329
Tags: Economic History; World History; Global And Transnational History; Globalization
Acknowledgments
Contents
Notes on Contributors
List of Figures
List of Tables
Introduction
The Fruits of the Early Globalization: An Iberian Perspective
Introduction
Book’s Structure and Short Summary of the Chapters
Part II. The Early Globalization: Description and Some Consequences
Part III. Trade and Consumption of Textiles in the Early Globalization
Bibliography
The Early Globalization: Description and Some Consequences
The Significance of Early Globalization: Arguments and Evidence
Introduction
Integration of Global Commodity Markets
The Rise of Global Trade and Migration
Consequences for Global Development
Debate
Africa and the Americas
Asia
Europe
Conclusion
References
International Migrations to Latin America and the Caribbean Until 1820
The Sixteenth Century
The Seventeenth Century and Eighteenth Century
The Structure of Transatlantic Migrations
Conclusion
Bibliography
The Fruits of El Dorado: The Global Impact of American Precious Metals
Introduction
Impact on European Economies
Fiscal Revenue
Short and Medium-Term Effects
Long-Term Consequences for Iberia
Long-Term Consequences for Other European Countries
Impact on Latin America
From Conquest to Colonization
Building the Backbone of the Empire
Imperial Fortunes
A Counterfactual Metal-Less Empire
Impact on Africa and Asia
Conclusion
References
Prices and Money in the Globalization of the Early Modern Era
Introduction
Golden Age and Collapse of Silver Production
Silver Scarcity and Decline of Prices
Silver as International Mean of Payment and Price Comovements
Statistical Analysis of Prices and Silver Production Series
Concluding Remarks and Further Research
References
The Impact of Early Iberian Globalisation on Austrian Mining Ventures
Austrian Mining Industries as an Asset
Austrian Mining Industries Contested
Conclusion
Bibliography
Trade and Consumption of Textiles in the Early Globalization
“The Last Link of an Emergent Global Economy: The Manila Galleon”
The Age of Commerce of the Philippines Before the Galleons
Spanish Settlement in the Philippines
The Economy of the Line & the Peruvian /Japanese Cycle During the Sixteenth and Seventeenth Centuries
The Eighteenth Century: The Mexican Cycle and the End of the Line
The Beginnings of Globalization
Bibliography
Weaving a Global Trade Pattern: The Portuguese Role in the Globalisation on Asian Textiles, 1500–1800
Building-Up a Market (ca. 1500–1640)
From Demise to the Rise of a Niche Market in the South Atlantic (ca. 1640–1800)
Epilogue—A Never Ending Story
Sources
Manuscripts
Works of Art
Bibliography
Memoirs of the Fruits of Globalization: The Markets for Chinese Textiles in New Spain by Jean de Monségur
An Economic Report, or Intelligence Gathering?
European Rivalry
Societal and Consumption Patterns
Asian Taste and New Luxury Goods for New Consumers in New Spain
Galleon San Francisco Javier
Fashion as Fruit of Globalisation
Remarks on Monségur’s New Memoirs
Bibliography
Index