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Author: Niels Steensgaard
Publisher: University of Chicago Press
ISBN: 0226771458
Category : History
Languages : en
Pages : 442
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Book Description
In this work Neils Steensgaard combines an analytical economic approach with detailed historic scholarship to provide an imaginitive and important analysis of a central incident in modern world history. The event is the breaking of the Portuguese monopoly on Asian trade in the seventeenth century by English and Dutch mercantile interests. This change the author demonstrates, was not simply the triumph of the new powers over the old. Rather, the Dutch--English victory heralded a structural change in international trade: the triumph of entrepreneurial capitalism over the older economic mode of the "peddler-merchant." Professor Steensgaard's study is divided into two major parts. The first examines the economic and political structure of the seventeenth century institutions in the Near East, Portugal, England, and the Netherlands. The author demonstrates that the rise to preeminence of the English and Dutch East India Companies over the Portuguese "State of India" was the result of the superior economic and bureaucratic organization of the former. The eclipse of Portuguese power in general, the author argues, is best understood as an institutional failure–an inability to adapt to changing patterns and demands of economic life. The second part of Professor Steensgaard's study provides a detailed historical account of an important event in the fall of the Portuguese trading empire–the loss of the city of Hormuz in 1622. Hormuz, located at a strategic point at the entrance of the Persian Gulf, was a central port city on the Asian trade route. It fell to an English and Persian force. The author demonstrates why this event exemplifies the Portuguese institutional weaknesses that are discussed in the first part of the book.
Author: Niels Steensgaard
Publisher: University of Chicago Press
ISBN: 0226771458
Category : History
Languages : en
Pages : 442
Get Book
Book Description
In this work Neils Steensgaard combines an analytical economic approach with detailed historic scholarship to provide an imaginitive and important analysis of a central incident in modern world history. The event is the breaking of the Portuguese monopoly on Asian trade in the seventeenth century by English and Dutch mercantile interests. This change the author demonstrates, was not simply the triumph of the new powers over the old. Rather, the Dutch--English victory heralded a structural change in international trade: the triumph of entrepreneurial capitalism over the older economic mode of the "peddler-merchant." Professor Steensgaard's study is divided into two major parts. The first examines the economic and political structure of the seventeenth century institutions in the Near East, Portugal, England, and the Netherlands. The author demonstrates that the rise to preeminence of the English and Dutch East India Companies over the Portuguese "State of India" was the result of the superior economic and bureaucratic organization of the former. The eclipse of Portuguese power in general, the author argues, is best understood as an institutional failure–an inability to adapt to changing patterns and demands of economic life. The second part of Professor Steensgaard's study provides a detailed historical account of an important event in the fall of the Portuguese trading empire–the loss of the city of Hormuz in 1622. Hormuz, located at a strategic point at the entrance of the Persian Gulf, was a central port city on the Asian trade route. It fell to an English and Persian force. The author demonstrates why this event exemplifies the Portuguese institutional weaknesses that are discussed in the first part of the book.
Author: Niels Steensgaard
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 441
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Book Description
Author: Ryūto Shimada
Publisher: BRILL
ISBN: 9004150927
Category : Social Science
Languages : en
Pages : 243
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Book Description
In this definitive study of the intra-Asian trade in Japanese copper trade by the Dutch East India Company, the author argues that the trade in this commodity reaped high profits. Despite the huge imports of British copper by the English East India Company during the eighteenth century, the Dutch Company successfully continued to sell Japanese copper in South Asia at higher prices. Compared to the capital-intensive development of British mines in the age of the Industrial Revolution, the copper production in Tokugawa Japan was characterized by a labour-intensive 'revolution' which also made a big impact on the local economy.
Author: Elizabeth Economy
Publisher: Oxford University Press
ISBN: 0190866071
Category : POLITICAL SCIENCE
Languages : en
Pages : 361
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Book Description
After three decades of reform and opening up, China is closing its doors, clamping down on Western influence in the economy, media, and civil society. At the same time, President Xi Jinping has positioned himself as a champion of globalization, projecting Chinese power abroad and seeking toreshape the global order. Herein lies the paradox of modern China - the rise of a more insular, yet more ambitious China that will have a profound impact on both the country's domestic politics and its international relations.In The Third Revolution, eminent China scholar Elizabeth Economy provides an incisive look at the world's most populous country. Inheriting a China burdened with slowing economic growth, rampant corruption, choking pollution, and a failing social welfare system, President Xi has reversed course,rejecting the liberalizing reforms of his predecessors. At home, the Chinese leadership has reasserted the role of the state into society and enhanced Party and state control. Beyond its borders, Beijing has recast itself as a great power and has maneuvered itself to be an arbiter - not just aplayer - on the world stage. Through an exploration of Xi Jinping's efforts to address top policy priorities - fighting corruption, controlling the internet, reforming state-owned enterprises, improving the country's innovation capacity, reducing the country's air pollution, and elevating itspresence on the global stage - Economy identifies the tensions, shortcomings, and successes of Xi's first five years in office. Xi's ambition, she argues, provides new opportunities for the United States and the rest of the world to encourage greater Chinese contribution to global public goods butalso necessitates a more proactive and coordinated effort to counter the rapidly expanding influence of an illiberal power within a liberal world order. This is essential reading for anyone interested in both China under Xi and how America and the world should deal with this vast nation in thecoming years.
Author: Dietmar Rothermund
Publisher: New Delhi : Manohar
ISBN:
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
On European maritime expansion in and the resultant unequal trade with India, China, and Japan.
Author: Nick Collins
Publisher: Pen and Sword Maritime
ISBN: 1399060147
Category : History
Languages : en
Pages : 554
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Book Description
Following the series’ first book How Maritime Trade and the Indian Subcontinent Shaped the World, this book continues to demonstrate how maritime trade has been the key driver of the world’s wealth-creation, economic and intellectual progress. The story begins where the first book ends, when following Roman Empire collapse, 7th-century European maritime trade almost ceased, creating population collapse and poverty; the Dark Ages. In 700, stuttering, hesitant recovery was evident with new ports but Viking and Muslim maritime raiding neutered recovery until the 11th century. In Asia by contrast, short and long-haul trade thrived and accelerated from east Africa and the Persian Gulf all the way to China, encouraging Southeast Asian state formation. The book tells the story of slowly rising, gradually accelerating European maritime trade, which until the 15th century was overshadowed by far more voluminous Asian trade in much larger, more complex ships traded by more sophisticated commercial entities, contributing to innovative tolerant wealth-creating maritime societies. In Europe, Mediterranean maritime trade made most progress from about 1000 to 1450. But by 1700, north Europeans dominated Atlantic, American and Mediterranean trade and were penetrating sophisticated Asian maritime networks, a complete reversal. This book explains how and why and how destructive continental influences destroyed Asia’s maritime supremacy. As in the first book, Nick Collins finds similar patterns; maritime inquisitiveness, invention, problem-solving and toleration and continental political suppression of those maritime traits, most dramatically in China, but destructively everywhere, allowing the millennium maritime trade revolution.
Author: E. Goldman
Publisher: Springer
ISBN: 1403980446
Category : Political Science
Languages : en
Pages : 237
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Book Description
The contributors to this volume seek to explore the multi-dimensional (institutional, cultural, technological, and political) environments of several Asian states to determine the amenability of those host environments for the adoption/adaptation of the Revolution in Military Affairs (RMS).
Author: Ryuto Shimada
Publisher: BRILL
ISBN: 9047417585
Category : Political Science
Languages : en
Pages : 241
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Book Description
In this definitive study of the intra-Asian trade in Japanese copper trade by the Dutch East India Company, the author argues that the trade in this commodity reaped high profits. Despite the huge imports of British copper by the English East India Company during the eighteenth century, the Dutch Company successfully continued to sell Japanese copper in South Asia at higher prices. Compared to the capital-intensive development of British mines in the age of the Industrial Revolution, the copper production in Tokugawa Japan was characterized by a labour-intensive 'revolution' which also made a big impact on the local economy.
Author: K. N. Chaudhuri
Publisher: Cambridge University Press
ISBN: 9780521031592
Category : Business & Economics
Languages : en
Pages : 668
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Book Description
"First published 1978"--T.p. verso. Includes bibliographical references and index.
Author: Harold Robert Isaacs
Publisher:
ISBN:
Category : China
Languages : en
Pages : 410
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Book Description
