 The Political Economy of Merchant Empires: State Power and World Trade, 1350-1750 by James D. Tracy
The Political Economy of Merchant Empires 1350 - 1750 follows the growth of European trade and state power as Europe rose to a position of dominance. Without overemphasising the importance of long-distance trade to domestic economies, this history follows a trend in history from the Venetian merchant empires to the East Indian companies.
The Political Economy of Merchant Empires focuses on why European concerns eventually achieved dominance in global trade in the period between 1450 and 1750, at the expense, especially in Asia, of well-organized and well-financed rivals. The volume is a companion to The Rise of Merchant Empires (1990), which dealt with changes in the growth and composition of long-distance trade during the same period.
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