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The limits of globalization in the early modern world

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  • JAN DE VRIES

Abstract

This article reviews the ways in which historians and economists have applied the term ‘globalization’ to the early modern era. It distinguishes a soft and a hard definition, and goes on to test the claims made about the driving forces shaping the growth and character of long‐distance trade between Europe and Asia in the age of the European trading companies. On the basis of new estimates of the volume and value of European trade with Asia, the article concludes by identifying the factors limiting the growth of trade in this period.

Suggested Citation

  • Jan De Vries, 2010. "The limits of globalization in the early modern world," Economic History Review, Economic History Society, vol. 63(3), pages 710-733, August.
    • Handle: RePEc:bla:ehsrev:v:63:y:2010:i:3:p:710-733
    DOI: 10.1111/j.1468-0289.2009.00497.x
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    1. O’Rourke, Kevin H. & Williamson, Jeffrey G., 2002. "When did globalisation begin?," European Review of Economic History, Cambridge University Press, vol. 6(1), pages 23-50, April.
    2. O'Rourke, Kevin H. & Williamson, Jeffrey G., 2004. "Once more: When did globalisation begin?," European Review of Economic History, Cambridge University Press, vol. 8(1), pages 109-117, April.
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    Cited by:

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    3. Morgan Kelly & Cormac Ó Gráda, 2014. "Speed under Sail, 1750-1850," Working Papers 201410, School of Economics, University College Dublin.
    4. Rafael Dobado González & Alfredo García Hiernaux & David Guerrero Burbano, 2013. "West versus East: Early globalization and thr great divergence [Oeste frente a Este: Globalización temprana y gran divergencia]," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 13-08, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
    5. Javier Mejia & Javier Mejia, 2021. "The economics of the Manila Galleon," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 15(1), pages 35-62, October.
    6. Willem H. Boshoff & Johan Fourie, 2015. "When did globalization begin in South Africa?," Working Papers 10/2015, Stellenbosch University, Department of Economics.
    7. Manuel Llorca-Jaña, 2014. "The impact of early nineteenth-century globalization on foreign trade in the Southern Cone: A study of British trade statistics," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 10(01), pages 46-56.
    8. Meissner, Christopher M., 2014. "Growth from Globalization? A View from the Very Long Run," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 8, pages 1033-1069, Elsevier.
    9. Dobado-González, Rafael, 2013. "La globalización hispana del comercio y el arte en la Edad Moderna [The hispanic globalization of commerce and art in the early modern era]," MPRA Paper 51112, University Library of Munich, Germany.
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