The period from the death of Alexander the Great to the rise of the Islam (c. late fourth century BCE to seventh century CE) saw a significant growth in economic, diplomatic and cultural exchange between various civilisations in Africa, Europe and Asia. This was in large part thanks to the Indian Ocean trade. Peoples living in the Roman Empire, Parthia, India and South East Asia increasingly had access to exotic foreign products, while the lands from which they derived, and the peoples inhabiting these lands, also captured the imagination, finding expression in a number of literary and poetic works. The Indian Ocean Trade in Antiquity provides a range of chapters that explore the economic, political and cultural impact of this trade on these diverse societies, written by international experts working in the fields of Classics, Archaeology, South Asian studies, Near Eastern studies and Art History. The three major themes of the book are the development of this trade, how consumption and exchange impacted on societal developments, and how the Indian Ocean trade influenced the literary creations of Graeco-Roman and Indian authors. This volume will be of interest not only to academics and students of antiquity, but also to scholars working on later periods of Indian Ocean history who will find this work a valuable resource.

Trade was a necessity in the ancient Greek world, yet the prevalent scholarly view is that Greek states intervened in foreign trade only rarely and sporadically. This book studies four necessary commodities, gold, silver, ship-building timber and grain, from production through export to import. Through the re-evaluation of known evidence and the presentation of new avenues of research, the book shows that Greek and non-Greek governments in the archaic and classical periods intervened and involved themselves greatly in foreign trade. The book offers the student of the Greek economy a fresh perspective on state intervention in trade and the ways in which intervention worked in the Greek world.

How ancient Mediterranean trade thrived through state institutions From around 700 BCE until the first centuries CE, the Mediterranean enjoyed steady economic growth through trade, reaching a level not to be regained until the early modern era. This process of growth coincided with a process of state formation, culminating in the largest state the ancient Mediterranean would ever know, the Roman Empire. Subsequent economic decline coincided with state disintegration. How are the two processes related? In Trade in the Ancient Mediterranean, Taco Terpstra investigates how the organizational structure of trade benefited from state institutions. Although enforcement typically depended on private actors, traders could utilize a public infrastructure, which included not only courts and legal frameworks but also socially cohesive ideologies. Terpstra details how business practices emerged that were based on private order, yet took advantage of public institutions. Focusing on the activity of both private and public economic actors—from Greek city councilors and Ptolemaic officials to long-distance traders and Roman magistrates and financiers—Terpstra illuminates the complex relationship between economic development and state structures in the ancient Mediterranean.