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Mercantilist Policies and the Pattern of World Trade, 1500–1750

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  • Blitz, Rudolph C.

Abstract

Much of the controversy over Mercantilist policies has focused on the relevance of political exigencies as against economic principles. Some economists have also attempted to evaluate Mercantilist policies in terms of the difference between various short-run and long-run adjustments. By contrast, the concern here has been with some purely economic but rather basic characteristics of the Mercantilist age. I have attempted to explain Mercantilist policies by the actual pattern of the specie flow, the characteristics of some of the commodity trade, the nature and limitation of foreign investment, and in terms of the existing monetary systems.

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  • Blitz, Rudolph C., 1967. "Mercantilist Policies and the Pattern of World Trade, 1500–1750," The Journal of Economic History, Cambridge University Press, vol. 27(1), pages 39-55, March.
    • Handle: RePEc:cup:jechis:v:27:y:1967:i:01:p:39-55_07
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    Cited by:

    1. Jacques Melitz, 2019. "Some Doubts about the Economic Analysis of the Flow of Silver to China in 1550–1820," Open Economies Review, Springer, vol. 30(1), pages 105-131, February.

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