G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16067
DP16067 The Fruits of El Dorado: The Global Impact of American Precious Metals
Leticia Arroyo Abad; Nuno Palma
发表日期2021-04-22
出版年2021
语种英语
摘要The quest for precious metals and trade routes during the early modern period fundamentally changed the world. What was the global impact of the large deposits of silver and gold which existed in the Americas? In this chapter, we take a global view. We find that in Europe, England and the Netherlands benefited the most. By contrast, the colonizers par excellence, Spain and Portugal, were unable to profit from their colonial expansion. In Latin America, the exploitation of precious mineral resources enabled the geographic expansion of the empire and shaped labor institutions, the fiscal apparatus, and economic activity. The direct impact on other parts of the world was negligible; but the long-term political consequences of European presence shaped the world as we know it today.
主题Economic History
关键词Global history Early modern period Spanish empire European little divergence Counterfactual history
URLhttps://cepr.org/publications/dp16067
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545045
推荐引用方式
GB/T 7714
Leticia Arroyo Abad,Nuno Palma. DP16067 The Fruits of El Dorado: The Global Impact of American Precious Metals. 2021.
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