- The Oxford Handbook of Early Modern European History, 1350–1750
- List of Tables and Diagrams
- List of Maps
- List of Illustrations
- List of Contributors
- A Return to the Ancient World?
- Political Thought
- The Scientific Revolution
- Art and Architecture
- Europe’s Enlightenment
- Exploration and Navigation
- Iberian Empires
- Northern European Empire in Asia: The VOC
- Jesuit Missions
- Colonial Societies
- Trade and the Global Economy
- Asian Connections and Chinese Comparisons: The Unconquered East
- Monarchy in Western and Central Europe
- Monarchy in Northern and Eastern Europe
- Authority and Popular Resistance
- Royal Courts
- Taxation and State Debt
- Republics and Republicanism
- Warfare on Land
- European Naval Warfare
- The Ottoman Empire and Europe
- Europe’s Shifting Balance of Power
- The Emergence of Diplomacy
- Index of Names and Places
- Index of Subjects
Abstract and Keywords
Though long-distance trade routes had always connected Europe to the broader communities of Africa and Asia, these only become more robust in the late medieval era. The scientific and technological breakthroughs in maritime transport in the fifteenth century not only increased the volume of trade with the outside world but also linked new regions in the Atlantic and Pacific rims to a global commercial network. By the eighteenth century a series of changes had rapidly transformed the economy of Europe and the world in new and unexpected ways. This chapter considers the emergence of the new, ‘global’ economy by focusing on three central topics: the merchants who sought opportunities, the growth in state regulation over commerce, and finally the material substance of early modern trade through the exchange of commodities, both new and old, that exposed Europe to a broader variety of goods than ever before.
Matthew P. Romaniello, Department of History, University of Hawaii at Manoa.
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