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Books > History > History of specific subjects > Economic history
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Waves of Prosperity - India, China and the West - How Global Trade Transformed The World (Paperback)
Loot Price: R480
Discovery Miles 4 800
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Waves of Prosperity - India, China and the West - How Global Trade Transformed The World (Paperback)
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Loot Price R480
Discovery Miles 4 800
Expected to ship within 10 - 15 working days
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When the Genoese merchant, Marco Polo, first arrived in Dynastic
China he was faced with a society far advanced of anything he had
encountered in Europe. The ports were filled with commodities from
all over the eastern world, while new technology was driving the
economy forward. It would take another 400 years before European
trade in the Atlantic eclipsed the Pacific markets. From China's
phenomenally successful Sung dynasty (c. AD 960-1279), Cargoes
reveals the power of the Mughals merchants of Gujarat, who built an
empire so powerful that, even in the 17th century, the richest man
in the world was a Gujarat trader. It was not until the opening up
of the spice routes and the discovery of South American gold that
medieval Iberia came to the fore. It was only then that the
Atlantic Empire of the west came to dominate world trade, first the
Dutch Republic in the seventeenth century, then the British Empire
in the age of the Industrial Revolution, American supremacy in the
twentieth century, and the development of post-war Japan. Along the
way Greg Clydesdale looks at the parallel lives and ideas of
merchants and explorers, missionaries, kings, bankers and emperors.
He shows how great trading nations rise on a wave of technological
and financial innovation and how in that success lies the cause of
their inevitable decline.
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