International trade theory implicitly assumes that countries participating in external trade each have sovereign status. Its failure to recognise the pervasive importance of colonial trade as an intermediate stage of external trade development, interposed between autarky and 'international trade' narrowly defined creates a serious gap In its explanatory structure and direct applicability. Anthony John's book is an attempt to examine the properties of colonial resource management on the process of territorial specialisation. He considers the implications of such foreign involvement for the trade patterns which may ensue after political independence when formal 'international' trade entry is effected.

Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market provides a new perspective on economic globalization in the nineteenth and twentieth centuries. Instead of understanding the emergence of global markets as a mere result of supply and demand or as the effect of imperial politics, this book focuses on a global trading firm as an exemplary case of the actors responsible for conducting economic transactions in a multicultural business world. The study focuses on the Swiss merchant house Volkart Bros., which was one of the most important trading houses in British India after the late nineteenth century and became one of the biggest cotton and coffee traders in the world after decolonization. The book examines the following questions: How could European merchants establish business contacts with members of the mercantile elite from India, China or Latin America? What role did a shared mercantile culture play for establishing relations of trust? How did global business change with the construction of telegraph lines and railways and the development of economic institutions such as merchant banks and commodity exchanges? And what was the connection between the business interests of transnationally operating capitalists and the territorial aspirations of national and imperial governments? Based on a five-year-long research endeavor and the examination of 24 public and private archives in seven countries and on three continents, Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market goes well beyond a mere company history as it highlights the relationship between multinationally operating firms and colonial governments, and the role of business culture in establishing notions of trust, both within the firm and between economic actors in different parts of the world. It thus provides a cutting-edge history of globalization from a micro-perspective. Following an actor-theoretical perspective, the book maintains that the global market that came into being in the nineteenth century can be perceived as the consequence of the interaction of various actors. Merchants, peasants, colonial bureaucrats and industrialists were all involved in spinning the individual threads of this commercial web. By connecting established approaches from business history with recent scholarship in the fields of global and colonial history, Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market offers a new perspective on the emergence of global enterprise and provides an important addition to the history of imperialism and economic globalization.

When we talk about the economy, “the market” is often just an abstraction. While the exchange of goods was historically tied to a particular place, capitalism has gradually eroded this connection to create our current global trading systems. In Trading Spaces, Emma Hart argues that Britain’s colonization of North America was a key moment in the market’s shift from place to idea, with major consequences for the character of the American economy. Hart’s book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth- and eighteenth-century America—places where new mechanisms and conventions of trade arose as Europeans re-created or adapted continental methods to new surroundings. Since those earlier conventions tended to rely on regulation more than their colonial offspring did, what emerged in early America was a less fettered brand of capitalism. By the nineteenth century this had evolved into a market economy that would not look too foreign to contemporary Americans. To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth- and eighteenth-century Britain. Perhaps most important, this is not a story of specific commodity markets over time but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.

"History of Trade and Commerce" explores the intricate tapestry of human economic exchange from ancient times to the modern era. This comprehensive account delves into the evolution of trade practices, the significance of commerce in shaping societies, and the impact of globalization on economies worldwide. Readers will journey through the rise of trade routes like the Silk Road, the development of markets, and the influence of technological advancements on commerce. By examining key historical figures, pivotal moments, and the cultural exchange that trade fosters, this book provides profound insights into how commerce has shaped civilization. Whether you're a history enthusiast, a business professional, or a curious reader, this exploration of trade and commerce will illuminate the profound connections between economies and societies across time and space.

This volume of essays provides a fresh and innovative look at colonial trade and its impact on economic development in Europe. It is unique in its coverage of countries that are usually ignored, such as Denmark and Sweden, while also including in its chronology more than the 18th century alone.