Russia's 'Age of Silver' (Routledge Revivals) - 9781138777941

Taylor & Francis

Russia's 'Age of Silver' (Routledge Revivals)Precious-Metal Production and Economic Growth in the Eighteenth Century\nAuthor(s): Ian Blanchard\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138777941, 978-1138777941\nSynopsis\nFirst published in 1989, Russias Age of Silver represents a major contribution to the history of the international economy during the eighteenth century, challenging old prejudices and establishing the importance of Russian precious-metal production.\n\nIan Blanchard examines the nature of the Central and South America specie crisis of 1670 to 1760, and the response of European precious-metal producers. He highlights the rise of the Russian copper industry to a position of world supremacy, and the Siberian gold and silver mines to old world supremacy. The study explains why Russia experienced little inflation and why no metal was exported: the economy acted as a sponge, absorbing the flood of coins as mo.