A picture of the world around 1400 overall population of approximately 350 millions An agricultural economy environmental constraints to population growth Three regions densely populated: China, India and Europe together count for 70% of the world population and most of the existing urban centers recall Braudel’s model isolated economies with the aim of self‐sufficiency A sketchy list of the main economy‐worlds around 1400 Europe Islamic world India China and a number of other ones: Insulindia, Japan, Eastern and Western Africa, Mesoamerica, Andean region Basic features: population around 65‐70 millions, 20% share of world’s GDP a non‐unified political system the manor system is still the economic base trade and finance commodity flows outside the European economy‐world size matters: population around 100 millions, 25% share of world’s GDP political unity and military power economic unity a well‐organized trade system (including S.E. Asia) an efficient agriculture and highly esteemed handcraft the problem of money and the process of “silverization” the second major economy‐world: population around 100 millions, 22‐24% share of world’s GDP lack of political unity (until 1526) developed agriculture and manufacturing: the role of cotton (from raw material to exclusive textiles) geography counts: Arabs and Chinese traders Ibn‐Battuta’s pilgrimage exemplifies how huge Islam was a time‐line that does not fit with the picture the “golden age” of the Abbasid (9th‐12th c.) and the Ottoman Empire (after 1400) population around 30‐40 million, 15 % share of world’s GDP highly developed commerce: brokerage of Asia and Europe money: the economic role of dinars a world‐economy roughly coinciding with the Inca empire self‐sufficiency forced by geographic features, altitude: the “vertical archipelago” exchange circles in the Andean region barter: the lack of a medium of exchange weaknesses of the American economy‐worlds The Andean vertical archipelago economy‐worlds need long range trade questioning Braudel’s emphasis on self‐sufficiency the Indian Ocean as the core of the trading circuits where are the Americas? 8 trading zones interlinked by 3 main trade subsystems and 3 major routes connecting Europe to Eastern Asia Europe is peripheral. A position that will have relevant consequences
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