Traders Ties And Tensions

Explores the linkage between trade, peace and conflict in South America, Southern Africa, South Asia, and South East Asia. Highlights the significance of regional trade agreements for peace building between the countries.

The late medieval German trade with the North Atlantic islands, in the margins of the Hanseatic trade network, has received only limited scholarly attention. Merchants from predominantly Hamburg and Bremen established direct trade relations with these islands in the late 15th century, and managed to control the international trade with Iceland, the Faroes and Shetland for much of the 16th century. However, the Hanseatic commercial infrastructure was absent in the North Atlantic, which forced these merchants to develop new trade strategies. Besides a critical re-evaluation of the economic and political conditions, this volume offers a comprehensive study of the organisation of the trade and the methods used to establish and maintain networks between islanders and German merchants. Moreover, it analyses the role and socio-economic position of the communities of merchants with the North Atlantic in their home towns. The book shows that the North Atlantic trade was anything but insignificant. It was a dynamic and integral part of the trade network of the northern German cities, and its study is highly relevant for the economic history of Northern Europe.

A groundbreaking history of how the Black Death unleashed revolutionary change across the medieval world and ushered in the modern age In 1346, a catastrophic plague beset Europe and its neighbours. The Black Death was a human tragedy that abruptly halved entire populations and caused untold suffering, but it also brought about a cultural and economic renewal on a scale never before witnessed. The World the Plague Made is a panoramic history of how the bubonic plague revolutionized labour, trade, and technology and set the stage for Europe’s global expansion. James Belich takes readers across centuries and continents to shed new light on one of history’s greatest paradoxes. Why did Europe’s dramatic rise begin in the wake of the Black Death? Belich shows how plague doubled the per capita endowment of everything even as it decimated the population. Many more people had disposable incomes. Demand grew for silks, sugar, spices, furs, gold, and slaves. Europe expanded to satisfy that demand—and plague provided the means. Labour scarcity drove more use of waterpower, wind power, and gunpowder. Technologies like water-powered blast furnaces, heavily gunned galleons, and musketry were fast-tracked by plague. A new “crew culture” of “disposable males” emerged to man the guns and galleons. Setting the rise of Western Europe in global context, Belich demonstrates how the mighty empires of the Middle East and Russia also flourished after the plague, and how European expansion was deeply entangled with the Chinese and other peoples throughout the world.

Over the last two centuries, Europe has developed various forms of political representation from which democratic parliamentary systems gradually emerged. This book unravels the conditions, scale and impact under which political participation of common burghers and peasants emerged. Political participation in Europe before the Revolutions moved away from the traditional focus on ‘Three Estates’ which has often blurred the interpretation of popular participation’s role in societies. This book instead examines Europe’s key political variants such as high levels of commercialization and urbanization, combined with a balance of powers between competing categories of actors in society controlling relatively independent resources which lead to political participation forming across the continent. Instead of starting from any ideal type of political participation, this book focuses on the variation through time and space, its composition and activity, helps to explain the functions particular institutional settings fulfilled. The time frame 1100–1800 sheds light on the long-term evolutions such as institutional inertia and processes of oligarchizing. To reveal a correlation of economic and demographical growth with the claim of rising social classes to voice their interests. It also points to the opposite tendency: the formation of fiscalmilitary monarchical states. This book is essential reading for those interested in the formation of Europe’s political structures and students of premodern political history.

The Oxford Handbook of the Political Economy of International Trade surveys the literature on the politics of international trade and highlights the most exciting recent scholarly developments. The Handbook is focused on work by political scientists that draws extensively on work in economics, but is distinctive in its applications and attention to political features; that is, it takes politics seriously. The Handbook's framework is organized in part along the traditional lines of domestic society-domestic institutions - international interaction, but elaborates this basic framework to showcase the most important new developments in our understanding of the political economy of trade. Within the field of international political economy, international trade has long been and continues to be one of the most vibrant areas of study. Drawing on models of economic interests and integrating them with political models of institutions and society, political scientists have made great strides in understanding the sources of trade policy preferences and outcomes. The 27 chapters in the Handbook include contributions from prominent scholars around the globe, and from multiple theoretical and methodological traditions. The Handbook considers the development of concepts and policies about international trade; the influence of individuals, firms, and societies; the role of domestic and international institutions; and the interaction of trade and other issues, such as monetary policy, environmental challenges, and human rights. Showcasing both established theories and findings and cutting-edge new research, the Handbook is a valuable reference for scholars of political economy.

Why are we obsessed with calculating our selections? The author argues that competitive trade nurtures calculative reason, which provides the ground for most discourses on economy. But market descriptions of economy are incomplete. Drawing on a range of materials from small ethnographic contexts to global financial markets, the author shows that economy is dialectically made up of two value realms, termed mutuality and impersonal trade. One or the other may be dominant; however, market reason usually cascades into and debases the mutuality on which it depends. Using this cross-cultural model, the author explores mystifications of economic life, and explains how capital and derivatives can control an economy. The book offers a different conception of economic welfare, development, and freedom; it presents an approach for dealing with environmental devastation, and explains the growing inequalities of wealth within and between nations.