The Capital Market of Manila and the Pacific Trade, 1668-1838 - 9783031718120

The Capital Market of Manila and the Pacific Trade, 1668-1838Institutions and Trade during the First Globalization\nAuthor(s): Juan Jos Rivas Moreno\nFormat: Paperback\nPublisher: Springer International Publishing AG, Switzerland\nImprint: Palgrave Macmillan\nISBN-13: 9783031718120, 978-3031718120\nSynopsis\nEconomic history has always emphasized the importance of long-distance trade in the emergence of modern financial markets, yet almost nothing is known about the Manila trade. This book offers the first reconstruction of the capital market of Manila using new archival sources that have never been used in the economic history of Pacific trade.\n\nThe book explains how trade between Asia and Spanish America across the Pacific, which lasted for 250 years [tel] was financed from the city of [url] book analyses the political economy and institutional structures of the Manila capital market in the context of the global silver trade, as well as addressing key similarities and differences.