By P Emmer, O Petre-Grenouilleau, Jessica Roitman
The consequences of the growth of Europe have interested historians and economists, in addition to the general public at huge, for hundreds of years. essentially the most interesting and arguable results of Europe's enlargement has been the alternate that resulted from this stream out of Europe and into different areas of the area. The function of overseas alternate in Europe's fiscal progress and particularly in its industrialization has lengthy been hotly contested. This quantity has as its element of departure the concept the hyperlink among colonial exchange and the advance of Europe used to be even more complicated than hitherto believed. simply because this hyperlink is so advanced, this quantity includes essays via numerous experts to evaluate the recent instructions within the historiography. additionally, this quantity examines the controversy at the influence of colonial exchange on nations similar to Spain, Portugal, the Netherlands, Denmark, and Sweden, that are frequently neglected in desire of dialogue approximately Britain.
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Extra resources for A Deus Ex Machina Revisited: Atlantic Colonial Trade and European Economic Development
Growing proportions of British merchant ships were indeed built in the North American colonies (and in Asia) even before the French blockades cut oﬀ supplies of Baltic timer and other naval stores (pitch, tar, and hemp) during the Napoleonic Wars. Nevertheless, the established patterns of East-West and intra-European trade in timber reverted to normal after that war, and iron rather than American forests seriously alleviated European shortages of wood for construction and shipbuilding in the 19th century.
For scholars concerned with including an analysis of intra- and inter-continental trade in meta-narratives about the “long run” history of material progress, Weber elaborated upon themes that have exercised a powerful impact on modern stories told about the economic success of the West and the relative failures of the East over the past millennium. Along with Montesquieu and other thinkers of the Enlightenment, Weber (and Weberians) believed that the discernible diﬀerences between Europe and Asia in the manner in which the institutional, ideological, and legal frameworks within which economic activities (including trade) functioned had already existed for several centuries.
Xxix Third, most contributions conﬁrm the fact that the “British model” of expansion and colonial trade seems to have been the exception, not the rule. Between 1500 and 1650, the trade in luxury goods, the exploitation of silver mines, and some limited production of cash crops suﬃced to make the colonies worthwhile. Between 1650 and 1800, the production of cash crops dominated. Portugal was unable to keep up with the other colonial powers. In fact, it was only due to the compartmentalisation of the sugar market that, after 1650, Brazil continued to produce sugar and coﬀee, and even experienced a second boom in production after 1750.
A Deus Ex Machina Revisited: Atlantic Colonial Trade and European Economic Development by P Emmer, O Petre-Grenouilleau, Jessica Roitman