Mercantilist Policies and the Pattern of World Trade, 1500–1750

Author:

Blitz Rudolph C.

Abstract

Much of the controversy over Mercantilist policies has focused on the relevance of political exigencies as against economic principles. Some economists have also attempted to evaluate Mercantilist policies in terms of the difference between various short-run and long-run adjustments. By contrast, the concern here has been with some purely economic but rather basic characteristics of the Mercantilist age. I have attempted to explain Mercantilist policies by the actual pattern of the specie flow, the characteristics of some of the commodity trade, the nature and limitation of foreign investment, and in terms of the existing monetary systems.

Publisher

Cambridge University Press (CUP)

Subject

Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History

Reference37 articles.

1. ( Feavearyear , The Pound Sterling, p. 96). The explicit purpose of this measure was to increase the amount of money in circulation, and apparently by then the feelings on this matter were strong enough so that an increase in the tariff could be substituted for the mint charges. The complex repercussions on the bimetallic system of medieval and Mercantilist seigniorage charges may be illustrated by the following example: In 1346 the English mint ratio was 12:4. However, the seigniorage charge came to 4.17 per cent for gold and, as one may expect, it was higher for silver,, namely, 5.18 per cent. Because of this relative difference in seigniorage charges, one pound of unminted gold would, after its transformation into coin, actually command a ratio of only 11:9 for silver coins. Again, n i similar fashion, precoined silver bullion would command after its transformation into coin a ratio of only 13:1

2. Coin Shortage: Modem and Premodern;Spengler;The National Banking Review,1965

3. The East India Company and the Export of Treasure in the Early Seventeenth Century

Cited by 55 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3