A new history of English trade and empire—revealing how a tightly woven community of merchants was the true origin of globalized Britain In the century following Elizabeth I’s rise to the throne, English trade blossomed as thousands of merchants launched ventures across the globe. Through the efforts of these "mere merchants," England developed from a peripheral power on the fringes of Europe to a country at the center of a global commercial web, with interests stretching from Virginia to Ahmadabad and Arkhangelsk to Benin. Edmond Smith traces the lives of English merchants from their earliest steps into business to the heights of their successes. Smith unpicks their behavior, relationships, and experiences, from exporting wool to Russia, importing exotic luxuries from India, and building plantations in America. He reveals that the origins of "global" Britain are found in the stories of these men whose livelihoods depended on their skills, entrepreneurship, and ability to work together to compete in cutthroat international markets. As a community, their efforts would come to revolutionize Britain’s relationship with the world.

This book shows how England's conquest of Mediterranean trade proved to be the first step in building its future economic and commercial hegemony, and how Italy lay at the heart of that process. In the seventeenth century the Mediterranean was the largest market for the colonial products which were exported by English merchants, as well as being a source of raw materials which were indispensable for the growing and increasingly aggressive domestic textile industry. The new free port of Livorno became the linchpin of English trade with the Mediterranean and, together with ports in southern Italy, formed part of a system which enabled the English merchant fleet to take control of the region's trade from the Italians. In her extensive use of English and Italian archival sources, the author looks well beyond Braudel's influential picture of a Spanish-dominated Mediterranean world. In doing so she demonstrates some of the causes of Italy's decline and its subsequent relegation as a dominant force in world trade.

A major reinterpretation of the transformation of English commerce in the century after 1550.

The period from the late seventeenth to the early nineteenth century—the so-called long eighteenth century of English history—was a time of profound global change, marked by the expansion of intercontinental empires, long-distance trade, and human enslavement. It was also the moment when medicines, previously produced locally and in small batches, became global products. As greater numbers of British subjects struggled to survive overseas, more medicines than ever were manufactured and exported to help them. Most historical accounts, however, obscure the medicine trade’s dependence on slave labor, plantation agriculture, and colonial warfare. In Merchants of Medicines, Zachary Dorner follows the earliest industrial pharmaceuticals from their manufacture in the United Kingdom, across trade routes, and to the edges of empire, telling a story of what medicines were, what they did, and what they meant. He brings to life business, medical, and government records to evoke a vibrant early modern world of London laboratories, Caribbean estates, South Asian factories, New England timber camps, and ships at sea. In these settings, medicines were produced, distributed, and consumed in new ways to help confront challenges of distance, labor, and authority in colonial territories. Merchants of Medicines offers a new history of economic and medical development across early America, Britain, and South Asia, revealing the unsettlingly close ties among medicine, finance, warfare, and slavery that changed people’s expectations of their health and their bodies.

Merchant colonies were a significant factor for economic growth in Europe during the early modern period. The essays in this collection look at merchant colonies across Europe, assessing their function, legal status, interaction with local traders and assimilation into their host countries.

Following the series’ first book How Maritime Trade and the Indian Subcontinent Shaped the World, this book continues to demonstrate how maritime trade has been the key driver of the world’s wealth-creation, economic and intellectual progress. The story begins where the first book ends, when following Roman Empire collapse, 7th-century European maritime trade almost ceased, creating population collapse and poverty; the Dark Ages. In 700, stuttering, hesitant recovery was evident with new ports but Viking and Muslim maritime raiding neutered recovery until the 11th century. In Asia by contrast, short and long-haul trade thrived and accelerated from east Africa and the Persian Gulf all the way to China, encouraging Southeast Asian state formation. The book tells the story of slowly rising, gradually accelerating European maritime trade, which until the 15th century was overshadowed by far more voluminous Asian trade in much larger, more complex ships traded by more sophisticated commercial entities, contributing to innovative tolerant wealth-creating maritime societies. In Europe, Mediterranean maritime trade made most progress from about 1000 to 1450. But by 1700, north Europeans dominated Atlantic, American and Mediterranean trade and were penetrating sophisticated Asian maritime networks, a complete reversal. This book explains how and why and how destructive continental influences destroyed Asia’s maritime supremacy. As in the first book, Nick Collins finds similar patterns; maritime inquisitiveness, invention, problem-solving and toleration and continental political suppression of those maritime traits, most dramatically in China, but destructively everywhere, allowing the millennium maritime trade revolution.

The Routledge Companion to the Makers of Global Business draws together a wide array of state-of-the-art research on multinational enterprises. The volume aims to deepen our historical understanding of how firms and entrepreneurs contributed to transformative processes of globalization. This book explores how global business facilitated the mechanisms of cross-border interactions that affected individuals, organizations, industries, national economies and international relations. The 37 chapters span the Middle Ages to the present day, analyzing the emergence of institutions and actors alongside key contextual factors for global business development. Contributors examine business as a central actor in globalization, covering myriad entrepreneurs, organizational forms and key industrial sectors. Taking a historical view, the chapters highlight the intertwined and evolving nature of economic, political, social, technological and environmental patterns and relationships. They explore dynamic change as well as lasting continuities, both of which often only become visible – and can only be fully understood – when analyzed in the long run. With dedicated chapters on challenges such as political risk, sustainability and economic growth, this prestigious collection provides a one-stop shop for a key business discipline. Chapter 31 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.