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Trade across the Pacific will be one of the dominant forces in the economy of the next century. This collection reflects the birth of Pacific Rim history, until recently largely neglected. It addresses the development of the Pacific Rim over four centuries, combining broad historical syntheses with a range of essays on specific topics, from trade with Hong Kong to British overseas banking. It will form a major contribution to this rapidly expanding new field. eBook available with sample pages: 0203065352
Starting with the 16th century trade of Latin American silver and
Chinese silk, leading researchers trace the economic, environmental
and social history of the Pacific region. Chapters examine the
trade of diverse commodities within the Pacific and analyse the
ecological and social impacts of this increasing economic activity.
The strong Chinese marketplace emerges as crucial to early Pacific
development, and is compared with Japan's central role in the
region's modern economy.
This title was first published in 2002.In recent years scholars
have begun to conceptualize the history of the Pacific Ocean as a
subset of world history. This question is taken up in the
introductory chapter of this volume, which sets out four periods of
modern Pacific history: a silver period, 1570s-1750; a period of
early integration, 1750-1850; a gold period, 1850-c.1900; and a
period of imperial strategies after the gold rushes. The next
chapter looks at the fur trade of the Pacific coast of America, and
its dependence on markets in China and Russia, followed by a set
which focus on the era of the gold rushes, in California, Australia
and New Zealand, when the pace of Pacific integration grew rapidly
and new markets opened across the ocean. The last chapters examine
aspects of the subsequent evolution of the Pacific Ocean into an
'American lake', looking in particular at the interlocking of
politics and migration. This volume carries forward study of the
'Pacific Centuries', promoting the conceptualization of the Pacific
Ocean as a coherent unit of analysis, and providing further
important steps toward provision of the multi-century framework
that is required for proper understanding of today's 'Pacific
Century'.
This title was first published in 2002.In recent years scholars
have begun to conceptualize the history of the Pacific Ocean as a
subset of world history. This question is taken up in the
introductory chapter of this volume, which sets out four periods of
modern Pacific history: a silver period, 1570s-1750; a period of
early integration, 1750-1850; a gold period, 1850-c.1900; and a
period of imperial strategies after the gold rushes. The next
chapter looks at the fur trade of the Pacific coast of America, and
its dependence on markets in China and Russia, followed by a set
which focus on the era of the gold rushes, in California, Australia
and New Zealand, when the pace of Pacific integration grew rapidly
and new markets opened across the ocean. The last chapters examine
aspects of the subsequent evolution of the Pacific Ocean into an
'American lake', looking in particular at the interlocking of
politics and migration. This volume carries forward study of the
'Pacific Centuries', promoting the conceptualization of the Pacific
Ocean as a coherent unit of analysis, and providing further
important steps toward provision of the multi-century framework
that is required for proper understanding of today's 'Pacific
Century'.
Trade across the Pacific will be one of the dominant forces in the
economy of the next century. This collection reflects the birth of
Pacific Rim history, until recently largely neglected. It addresses
the development of the Pacific Rim over four centuries, combining
broad historical syntheses with a range of essays on specific
topics, from trade with Hong Kong to British overseas banking. It
will form a major contribution to this rapidly expanding new field.
Including 11 essays published over the last 15 years, this volume
by Dennis O. Flynn and Arturo GirA!ldez concerns the origins and
early development of globalization. It opens with their 1995
"Silver Spoon" essay and a theoretical essay published in 2002.
Subsequent sections deal with Pacific Ocean exchanges,
interconnections between the Spanish, Ottoman, Japanese and Chinese
empires, and the necessity of multidisciplinary approaches to
global history. The volume follows the evolution of the authors'
thinking concerning the central role of China in the global silver
trade, as well as interrelations among silver and non-silver
markets. Research before 2002 paved the way for development of a
coherent 'Birth of Globalization' narrative that portrays economic
factors in the context of powerful epidemiological, ecological,
demographic, and cultural forces. In the final essay Flynn and
GirA!ldez argue for incorporating the work of all academic
disciplines when attempting to understand the history of
globalization, advocating an inclusive historical data base which
recognizes contextual realities and an inductive process of
reasoning.
The literature on early-modern monetary history is vast and rich,
yet overly Eurocentric. This book takes a global approach. It calls
attention to the fact that, for example, Japan and South America
were dominant in silver production, while China was the principal
end-market; key areas for transshipment included Europe and Africa,
India and the Middle East. Europeans were often just middlemen.
Other monetized substances - gold, copper and cowries - must also
be viewed globally. The interrelated trades in metals and monies
are what first linked worldwide markets, and disequilibrium within
the silver market in the 16th and 17th centuries was an active
cause of this global trade.
This collection reflects the evolution of a revisionist argument.
The price revolution was indeed a monetary phenomenon, but
Professor Flynn's position is not based upon mainstream monetary
theory. Silver mines financed the Spanish Empire and Japan's
consolidation. Ming China was the world's primary silver customer;
Europeans acted as middlemen globally, including massive trade over
the Pacific via Manila. American mines nearly led to the
destruction of nascent capitalism in Europe (reverse of arguments
by Hamilton, Keynes, Wallerstein and others). Silver-market
disequilibrium caused silver's gravitation toward China; bullion
did not flow to Asia due to European trade deficits. Such
conclusions stem from application of the Doherty-Flynn model
developed in the mid-1980s. Economic theory is normally applied to
economic history; in contrast, development of the Doherty-Flynn
model was a response to inadequate conventional theory. Theory
emerged from history; its application back to history yields
startling historical reinterpretations.
The increasing importance of the Pacific and Pacific Rim within the
global economy places us on the brink of a Pacific Century. While
many hold that the concept of a Pacific region has only emerged in
the 20th century, this work demonstrates that such an economic
region has existed for almost five hundred years. Starting with the
16th-century trade of Latin American silver for Chinese silk,
researchers trace the economic, environmental and social history of
the Pacific region. Chapters examine the trade of diverse
commodities within the Pacific and analyze the ecological and
social impacts of this increasing economic activity. The strong
Chinese marketplace emerges as crucial to early Pacific
development, and is compared with Japan's central role in the
region's modern economy. This book contributes to the understanding
of a dynamic economic region. The study also advances research into
the economic histories of South and South East Asia, Australia and
America, situating them within the wider Pacific context.
World history conventionally ignores or underestimates the
importance of Manila, the Manila galleons, and the Philippines as
key stages in the development of trans-Pacific contact and of the
world economy. Essays in this volume discuss Philippine-Asian
exchanges prior to the entry of Europeans, and then look at
European influences and the impact of Magellan's voyage, and the
emergence of Manila as one of global trade's crucial linchpins
during four centuries. Linkages between Latin America and China,
and Spanish-Japanese competition for the Chinese marketplace are
important topics. Tensions and cooperation among Chinese, Japanese,
Iberians, Africans, Christians, Muslims and others on Philippine
soil are also covered. This volume suggests the need for thorough
re-evaluation of the Philippines' central role in terms of both
Pacific history and global history as perhaps the single most
important stage in the traffic that linked China and Latin America.
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