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Staying Afloat : Risk and Uncertainty in Spanish Atlantic World Trade, 1760-1820 /

Early modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means (that is, institutions) to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk is largely ignored. Instead, the guild merchants are depicted as anti-competi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Baskes, Jeremy (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Stanford, CA : Stanford University Press, [2020]
Colección:Social Science History
Temas:
Acceso en línea:Texto completo
Texto completo

MARC

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100 1 |a Baskes, Jeremy,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Staying Afloat :  |b Risk and Uncertainty in Spanish Atlantic World Trade, 1760-1820 /  |c Jeremy Baskes. 
264 1 |a Stanford, CA :   |b Stanford University Press,   |c [2020] 
264 4 |c ©2013 
300 |a 1 online resource (408 p.) 
336 |a text  |b txt  |2 rdacontent 
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490 0 |a Social Science History 
505 0 0 |t Frontmatter --   |t Contents --   |t Figures and tables --   |t Acknowledgments --   |t Chapter 1. Introduction: risk and uncertainty --   |t Chapter 2. Staying informed: the risks of poor information in Atlantic world trade --   |t Chapter 3. The institutions of trade and the reduction of market risk: the convoy system --   |t Chapter 4. Comercio libre and the rise of commercial risk --   |t Chapter 5. The rising demand for credit and the escalation of risk in the post-1778 era --   |t Chapter 6. Trade in war and peace --   |t Chapter 7. Underwriting risk: the structure and organization of insurance partnerships in late eighteenth- century Cadiz --   |t Chapter 8. Insuring against risk: analysis of insurance policies and the perception of risk in Atlantic world trade --   |t Chapter 9. War and commercial crisis: the profitability of the Cadiz insurance industry in the 1790s --   |t Chapter 10. Conclusion: staying afloat --   |t Notes --   |t Bibliography --   |t Index --   |t Social science history  
506 0 |a restricted access  |u http://purl.org/coar/access_right/c_16ec  |f online access with authorization  |2 star 
520 |a Early modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means (that is, institutions) to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk is largely ignored. Instead, the guild merchants are depicted as anti-competitive monopolists who manipulated markets and exploited colonial consumers. Jeremy Baskes argues that much of the commercial behavior interpreted by modern historians as predatory was instead designed to reduce the uncertainty and risk of Atlantic world trade. This book discusses topics from the development and use of maritime insurance in eighteenth- century Spain to the commercial strategies of Spanish merchants; the traditionally misunderstood effects of the 1778 promulgation of "comercio libre," and the financial chaos and bankruptcies that ensued; the economic rationale for the Spanish flotillas; and the impact of war and privateering on commerce and business decisions. By elevating risk to the center of focus, this multifaceted study makes a number of revisionist contributions to the late colonial economic history of the Spanish empire. 
538 |a Mode of access: Internet via World Wide Web. 
546 |a In English. 
588 0 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 15. Sep 2020) 
650 0 |a Marine insurance  |z Spain  |x History. 
650 0 |a Merchant marine  |z Spain  |x History. 
650 0 |a Risk management  |z Spain  |x History. 
650 4 |a Bourbon reforms. 
650 4 |a New Institutional Economics. 
650 4 |a convoy system. 
650 4 |a information. 
650 4 |a insurance. 
650 4 |a markets. 
650 4 |a mercantilism. 
650 4 |a privateering. 
650 4 |a risk. 
650 4 |a trade. 
650 7 |a HISTORY / Latin America / South America.  |2 bisacsh 
773 0 8 |i Title is part of eBook package:  |d De Gruyter  |t SUP Backlist eBook-Package 2000-2013  |z 9783110704204 
856 4 0 |u https://doi.uam.elogim.com/10.1515/9780804786355  |z Texto completo 
856 4 0 |u https://degruyter.uam.elogim.com/isbn/9780804786355  |z Texto completo 
912 |a 978-3-11-070420-4 SUP Backlist eBook-Package 2000-2013  |c 2000  |d 2013 
912 |a GBV-deGruyter-alles