Precious Metals and Commerce

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A01=Om Prakash
Asian coinage systems
Author_Om Prakash
bullion flows
Category=KCBM
Category=KCLT
Category=KCZ
Category=NHTB
Coinage
Dutch VOC Bengal trade analysis
early modern trade
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
European-Asian exchange
maritime economic history
Mughal economy
Opium
Regimes

Product details

  • ISBN 9780860784340
  • Weight: 453g
  • Dimensions: 150 x 224mm
  • Publication Date: 14 Apr 1994
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Precious metals played a key role in inter-continental trade between Europe and Asia in the early modern period. An assured supply of these metal was indeed a pre-requisite to the procurement of Asian goods such as spices, textiles and raw silk. Once these metals had been imported into Asia, they were converted into the coinage of the country concerned. The 'bullion for goods' pattern of trade had important implications for the level of output, income, employment and prices in the Asian societies. This collection of essays by Professor Om Prakash explores these issues in relation mainly to the Dutch East India Company. Given the scale of its operations, as well as its unique character as the only European corporate group to engage in large scale intra-Asian trade as an integral part of its overall trading strategy, the VOC is a particularly appropriate medium through which to analyse these issues. Les métaux précieux jouèrent in rôle clef dans le commerce international entre l’Europe et l’Asie au début de la période moderne. La présence d’un stock assuré de ces métaux était, en effet, un facteur nécessaire afin de se procurer des produits asiatiques tels les épices, les textiles et la soie grège. Une fois importés en Asie, ces métaux étaient convertis dans le monnaie du pays concerné. La structure commerciale du bullion for goods avait des implications importantes en ce qui concernait le niveau de production, l’emploi et les prix au sein des sociétés asiatiques. Cette collestion d’essais du professeur Om Prakash explore ces questions en relation plus particulièrement avec la conpagnie hollandaise d’Inde Orientale. Etant donnée l’envergure de ses opérations, ainsi que son caractère unique en tant que seule corporation européenne engagée dans un commerciale, le VOC est un particulièrement bon exemple à travers lequel analyser ces questions.
Om Prakash, University of Delhi, India

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