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Globalization in Historical Perspective$
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Michael D. Bordo, Alan M. Taylor, and Jeffrey G. Williamson

Print publication date: 2003

Print ISBN-13: 9780226065984

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226065991.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 28 September 2021

Commodity Market Integration, 1500–2000

Commodity Market Integration, 1500–2000

(p.13) 1 Commodity Market Integration, 1500–2000
Globalization in Historical Perspective

Ronald Findlay

Kevin H. O'Rourke

University of Chicago Press

This chapter provides an introduction to what is known about trends in international commodity market integration during the second half of the second millennium. Throughout, the focus is on intercontinental trade, since it is the emergence of large-scale trade between the continents that has especially distinguished the centuries following the voyages of da Gama and Columbus. The chapter is organized as follows. Section 1.2 discusses world trade before 1500. Section 1.3 covers world trade from 1500–1780. Section 1.4 focuses on the impact of the French and Napoleonic Wars on trade. Sections 1.5 and 1.6 discuss world trade from 1815–1914 and 1914–2000, respectively, while Section 1.7 concludes. A commentary is also included at the end of the chapter.

Keywords:   international commodity market, world trade, intercontinental trade, Napoleonic Wars

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