From Mountain Fastness To Coastal Kingdoms
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functioning of economies
historians of the medieval world
History
Indian Ocean
medieval Bengal
monetary systems
Product details
- ISBN 9789388540322
- Weight: 1000g
- Dimensions: 203 x 254mm
- Publication Date: 01 Jan 2019
- Publisher: Manohar Publishers and Distributors
- Publication City/Country: IN
- Product Form: Hardback
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Money is central to the functioning of economies, yet for the pre-modern period, our knowledge of monetary systems is still evolving. Until recently, historians of the medieval world have conflated the use of coins with a high degree of monetization. States without coinage were considered under-monetized. It is becoming more evident, however, that some medieval states used money in complex ways without using coinage. Moneys of account supplanted coins wholly or in part. But there is an imbalance of evidence: coins survive physically, while intangible forms of money leave little trace. This has skewed our understanding. Since coin usage has been well studied in the past, these essays flesh out our consideration of societies that used money but struck no coins. Absence or shortage of coining metals was not the causative factor: some of these societies had access to metal supplies but still remained coinless. Was this a strategic choice? Does it reflect the unique system of governance that developed in each kingdom? It is surely time to unravel this puzzle.
